Real Estate
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Fate of Site of Former Towne House Restaurant in Media Still Undecided
The fate of the site of the former Towne House Restaurant that is currently owned by Eli Kahn is still unresolved, writes Susan Serbin for the Delaware County News Network. The Media property has attracted significant interest and controversy in recent years. It was purchased from the original owners in late 2015 as part of…
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DNB First House of the Week: Charming Colonial in Springfield
A charming colonial with four bedrooms and three full and one half bathrooms is available for sale in Springfield. The home is on a cul-de-sac with beautiful rear views of the woods to ensure privacy. The interior has ample living space, along with a finished, walkout basement. The entrance is vaulted with columns and hardwood…
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DNB First House of the Week: Modern Colonial in Garnet Valley
A beautiful modern Colonial with five bedrooms and three full and two half bathrooms is available for sale in Garnet Valley. Set on a wooded lot, the property features professional landscaping that gives it the feel of an oasis. The home is entered through a full foyer leading to the dining room with a chair…
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DNB First House of the Week: Stone Colonial in Idyllic Media Neighborhood
A six-bedroom and four-and-a-half-bathroom stone colonial in the idyllic Bowling Green neighborhood is available for sale in Media. The house, which is entered through historic stone pillars, has all of the makings of an older home but with modern updates. The beautiful foyer features a sweeping staircase, while the eat-in kitchen offers a charming breakfast…
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Great Recession, Student Debt, Delayed Marriages, Tight Credit – They All Add Up to This
Home ownership among young adults – those 35 years old or younger – has dropped significantly in the past 10 years or more, writes Caitlin McCabe for the Philadelphia Inquirer. Young adults accounted for slightly more than one-third of all homeowners last year, compared with 43.6 percent in 2004. There are a number of reasons…
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DNB First House of the Week: Custom Villa in Broomall
A custom, brick-exterior villa with five bedrooms and three full and two half bathrooms is available for sale in Broomall. This beautiful home is approached through a brick wraparound driveway. The double-door entrance leads into a foyer with terracotta flooring and a spectacular see-through fish tank. The living room features a magnificent marble floor, cathedral…
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Wall Street Journal: CEO of SAP Selling Vacation House for $17.75 Million
Bill McDermott – the CEO of SAP, which has its U.S. headquarters in Newtown Square – is selling his home in Jupiter, Fla., for $17.75 million, writes Candace Taylor for The Wall Street Journal. McDermott bought the home from country singer Alan Jackson in 2012 for $10.45 million. Jupiter is a narrow barrier island on the Atlantic…
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DNB First House of the Week: Breathtaking Manor in Media
A breathtaking contemporary manor with six bedrooms and five full and three half bathrooms on a cul-de-sac is available for sale in Media. The home is approached through a gated entry leading to the circular driveway with a gorgeous fountain and three-car garage. French glass doors lead into the grand living and elegant dining room,…
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DNB First House of the Week: Spacious Traditional Home in Radnor
A spacious traditional home with six bedrooms and four and a half bathrooms is available for sale in Radnor. The 4,200-square-foot home is approached through a walkway to a large covered patio. The welcoming foyer leads into the living room with a huge deck for al fresco dining and grilling. To the right of the…
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DNB First House of the Week: French Colonial in Newtown Square
A French Colonial with four bedrooms and five full bathrooms on a secluded cul-de-sac is available in Newtown Square. The 2.37-acre property is located near Ridley Creek Park and overlooks the Springton Reservoir. The home, which recently underwent a complete makeover and boasts an open floor plan, is entered through a sweeping, grand-marble foyer. It…
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FROM CHESCO: Toll Brothers Denied a Building Permit for Crebilly Farm
Following a year of heated debate about Toll Brothers’ proposed development at Crebilly Farm, Westtown Township supervisors have unanimously voted to deny a building permit, writes Caitlin McCabe for the Philadelphia Inquirer. The decision on the 317-unit housing project for the 322-acre parcel was made in front of a cheering crowd of residents and preservationists.…
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DNB First House of the Week: Charming Cape Cod in Haverford
A charming Cape Cod with four bedrooms and two and a half bathrooms and surrounded by beautiful flora is available for sale in Haverford. Located in the heart of the Main Line, the two-story entrance foyer features a bright, open staircase and loft landing overlooking the main entrance. The home is filled with wood-trim detail,…
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Group Buying Archdiocese’s Land in Marple Township to Keep Most as Open Space
The new buyer of the Archdiocese of Philadelphia’s land in Marple Township plans to keep most of it as open space, writes Caitlin McCabe for the Philadelphia Inquirer. The 213-acre property was originally sold to developer Bruce Goodman three years ago. He had plans to build 300-plus townhomes and carriage houses, as well as businesses…
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DNB First House of the Week: Colonial Manor in Media
A colonial manor with six bedrooms and four full and two half bathrooms is available for sale in Media. This stunning estate set on 3.64 private acres comes with a three-car garage, indoor pool, and many other breathtaking features. The entrance features hardwood floors that flow into the spacious living room with a beautiful marble…
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Philly Suburbs Buck National Trend, Have Surplus of Homes for Sale
Outside of its walkable towns like Wayne, West Chester, and Kennett Square – where there are plenty of eager home buyers – the Philadelphia suburbs are bucking the national trend with a surplus of available homes, writes Caitlin McCabe for the Philadelphia Inquirer. Currently, the property market generally favors the seller. Factors such as a…
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Archdiocese Has New Buyer for Don Guanella Property in Marple
The Archdiocese of Philadelphia has entered into an agreement with Carlino Commercial Development for the sale of the 213-acre Don Guanella property in Marple, writes Natalie Kostelni for the Philadelphia Business Journal. The developer – renowned for its retail centers, including Brandywine Mills in Glen Mills – has also been involved in office and multi-family…
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DNB First House of the Week: Grand Tudor of Stone, Stucco in Swarthmore
Built in 1920, a grand Tudor home of six bedrooms and five bathrooms set on picturesque grounds is available for sale in Swarthmore. Constructed for the Curator of Paintings of the Philadelphia Museum of Art, it has several elegant, entertaining spaces that were originally used for private art exhibits. The first floor features a formal…
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DNB First House of the Week: Manor-Style Living in Springfield
An elegant Colonial with four bedrooms and three and a half bathrooms set on two professionally landscaped acres is available for sale in Springfield. The home possesses the feel of a sophisticated country manor, and is set far back from its main road, thus guaranteeing privacy. The entrance is through a magnificent arched doorway that…
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