Real Estate
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House of the Week: 19th-Century Castle in Wayne
A stunning home, reminiscent of fairytale castles and designed by renowned architect William Price at the end of 19th century, is on sale in Wayne for $8.5 million, according to a report in the Philadelphia Inquirer. The breathtaking, 11,500-square-foot home has been expertly renovated, modernized, and expanded by KingsHaven Design and John Milner Architects. Situated…
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Low Taxes, Affordable Real Estate Make Brookhaven Ideal for First-Time Homeowners
With affordable real estate, a good school district, and property taxes lower than most areas in Delaware County, Brookhaven is a great choice for first time homeowners, writes Alan Heavens for the Philadelphia Inquirer. At this time, there are 37 active listings in Brookhaven, with prices ranging from $65,000 to $339,900, and more than 20…
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Just Four Years After Last Sale, Pair of Office Buildings in Glen Mills Sells for $13 Million More
An undisclosed buyer has bought two medical office buildings in the Brinton Lake Corporate Center in Glen Mills for $52 million, writes Natalie Kostelni for the Philadelphia Business Journal. The buildings at 300 Evergreen Drive and 500 Evergreen Drive were sold as a two-building portfolio. The Crozer Medical Plaza, which totals 65,000 square feet, sold…
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Local Artist Bringing Change to Heart of Chester
Chester artist Devon Walls is trying to bring change to the heart of Chester by expanding his skills to include real-estate investor, writes Cherri Gregg for CBS Philly. Infamous for its high crime rate and poverty, Chester has struggled in recent years, but Walls is trying to turn this around. After travelling the world as…
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Upper Darby Apartment Complex Traded for $8.1 Million
Located in Upper Darby, Shirley Apartments, “a 153-unit multifamily community in suburban Philadelphia, changed hands for $8.1 million.” The announcement released by Rittenhouse Realty Advisors and shared by Multi Housing News (MHN) claims that “the buyer is out of North Jersey and has numerous holdings in the immediate area,” but the buyer’s name has not…
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New Apartment Complex from Newtown Square’s GMH Capital Partners Earns High Praise
GMH Capital Partners, headquartered in Newtown Square, has announced that its new luxury apartment complex, 1400 Main at Southpointe Town Center in Canonsburg, Pa., recently earned distinction at the Apartment Association of Metropolitan Pittsburgh’s 2016 Apartment Excellence Awards. The complex won awards in three categories: Overall Community Appeal Best Curb Appeal Best of the Best…
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House of the Week: Modernist Oasis in Radnor
With its cutting-edge style standing out from the traditionally historic homes on the Main Line, this High Modernist property in Radnor offers something unique, writes Esther Yoon for Philadelphia Magazine. Accentuated by crisp, clean lines, the home has a stunning white stucco exterior with black window bands. Inside, the abundance of windows bathe the house…
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Ridley School District Sells Land to CVS Pharmacy for $425K
At its July meeting, the Ridley School Board approved the sale of more than 18,000 square feet of school-district land to CVS Pharmacy, writes Barbara Ormsby for the Daily Times. The lot, near Leedom Elementary School, is on East Chester Pike, between Rodney Road and Acres Drive. CVS plans to use the land to expand…
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Borough of Rutledge an Affordable Real-Estate Option in a Great School District
As one of the smallest locales in Delaware County with just 798 residents, Rutledge offers opportunities that many other bigger communities can’t, writes Alan Heavens for the Philadelphia Inquirer. Clark Kendus of D. Patrick Welsh Real Estate pointed out that of all the communities that comprise the sought-after Wallingford-Swarthmore School District, Rutledge homes offer the…
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County Considers Bond Issue to Preserve Marple’s Don Guanella Village Site
The group working on preserving the former Don Guanella Village property in Marple has implored Delaware County officials to put a referendum on the November ballot for an open-space bond issue, writes Kathleen E. Carey for the Daily Times. “Time is of the essence on this issue,” said Elaine Paul Schaefer, Radnor Commissioner and Democratic…
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County Acquires Darby’s Little Flower Manor and Its 37 Acres of Lush Greenery
Delaware County officials have announced that Little Flower Manor in Darby has been acquired by the county for $1.7 million, writes Kathleen E. Carey for the Daily Times. The acquisition began seven years ago when commercial development plans started to surface. After local residents expressed concern, Representative Nick Micozzie partnered with Peter Williamson, Vice President of…
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House of the Week: Contemporary Gem in Haverford
This contemporary colonial home in Haverford stands out from its neighboring Main Line Colonial properties with its stunning alternative design and informal layout, writes Sandy Smith for Philadelphia Magazine. Part of the Carriage Homes at Haverford Reserve development, the property located at 119 Green Lane is a variant on the custom-built home model chosen as Philadelphia Magazine’s…
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Archdiocese Pulls Out of Deal to Sell Coveted, Undeveloped Land in Marple
Two years after negotiations began, the Archdiocese of Philadelphia has announced that it is pulling out of a deal to sell 213 acres along Sproul Road in Marple Township, writes Caitlin McCabe for the Philadelphia Inquirer. The largely undeveloped tract of land, which used to be home to the Don Guanella School, was slated for…
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House of the Week: Ed Snider’s Italian-Inspired California Mansion with Ocean View
The California home of the late Philadelphia Flyers owner Ed Snider in Montecito is now on sale for $52 million by his estate, writes Candace Taylor for The Wall Street Journal. The Italian-inspired home is situated on more than nine landscaped acres with gorgeous views of the ocean and the nearby mountains. Constructed by Snider…
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Sale of Prime Piece of Broomall Real Estate Gets Extended Closing Date
The Archdiocese of Philadelphia has given the green light for extending the closing date on the sale of the former Don Guanella Village in Broomall, writes Kevin Tustin for the Daily Times. Ken Gavin, the Archdiocese’s Director of Communications, recently announced that an amendment to the agreement of sale to make June 30 the closing date…
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Collingdale Full of Affordable Real-Estate Options
With real-estate prices that can accommodate first-time buyers, Collingdale also has the potential to lure investors looking for homes to fix and flip or keep and rent, writes Alan Heaven for the Philadelphia Inquirer. The first-quarter median sale price in Collingdale was $67,000, according to market reports. And although 61 homes for sale in the…
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House of the Week: Country Jewel in the Heart of Suburbia
This delightful 1980 farmhouse located in the heart of the suburbs is the perfect choice for a family that enjoys the country lifestyle but not the remoteness that often accompanies it, writes Sandy Smith for Philadelphia Magazine. Once part of a working farm, this beautiful stone home in Villanova at 526 Sproul Road is in…
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Glenolden Shopping Center on MacDade Boulevard Bought for $17.3 Million
The New Jersey-based Wharton Realty Group has bought the fully occupied and grocery-anchored Glenolden Shopping Center for around $17.3 million, writes Natalie Kostelni for the Philadelphia Business Journal. Located on MacDade Boulevard in Glenolden, the center has ShopRite and Forman Mills as anchor tenants. The sale of the 108,587-square-foot center further highlights the current demand…
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