1243 Country Club Rd., Gladwyne, Pa. 19035 | TREND images via Coldwell Banker Preferred
This classic stone home in Gladwyne has all of the architectural features and design elements of a classic farmhouse. It even has a name — “Valley View.” And it’s on sale for only the second time in 60 years. But truth to tell, what you’re looking at here is a farmhouse on steroids: this is really a sumptuous mansion with plenty of farmhouse charm.
So if an 8,000-square-foot home with custom fireplaces and a 1,200-plus-bottle wine cellar is your cup of tea, snag it while you can. Last sold in 1992 for $817,500, and built after the area had been largely converted into estate suburbia, this home retains that classic feel of the farmhouse with a modern twist.
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The balconies at 500 Walnut are extra-large to appeal to suburbanites used to large yards. The penthouse’s terrace, a possibility for which is shown here, is especially spacious and striking – and the unit just sold for an all-time record price. | Renderings: Cecil Baker + Partners, courtesy Scannapieco Development Corporation
The two-story penthouse condo at 500 Walnut is stylish and very spacious. And it just set a new record for ultra-luxury sale prices locally.
Scannapieco Development Corporation announced today (June 2nd) that it has sold the 8,900-square-foot penthouse for a record $17.85 million, the highest price yet for a luxury residence in Philadelphia. In addition to breaking the record the company set six years ago with the $12.5 million sale of the penthouse unit at 1706 Rittenhouse Square, the sale also set a new record price per square foot: $2,003, also well above the previous record of $1,613 for the 1706 unit. Read more »
1248 Pawlings Rd., Phoenixville, Pa. 19460 | Images from Kurfiss Sotheby’s International Realty
We still aren’t sure after seeing this home that we didn’t take a wrong turn somewhere and end up in the South.
This huge (8,951 square feet) home looks for all the world like it could have come out of “Gone with the Wind” with its Greek Revival design and tree-lined entrance driveway that ends at an elaborate marble fountain.
But this historic mansion is all Pennsylvania. Read more »
Last night I went to a Vertical Block Party in the new building on Chestnut and 15th – the Avenir. The building features sleek apartments — ranging from “flats” (just 300 square feet) and studios to one- and two-bedroom (835 square feet) units — as well as amenities like a screening room, a community room and a state-of-the-art exercise facility, as well as several “Think Rooms” for studying or for zen moments I imagine.
The party was open to influencers, and business leaders who enjoyed local bites and spirits. Avenir promotes itself as “micro living” at it’s best, but it didn’t feel claustrophobic, and 300 square feet didn’t seem as small as that number. (Be forewarned, micro living doesn’t mean micro rents.)
The location of Avenir is sweet, across from City Hall and Dilworth Park, near public transportation and a few blocks from the mega chic shopping on Walnut Street as well as a stones throw from the Shops of Liberty, where it was just announced the new Bloomingdale’s Outlet will be opening.
Photos after the jump »
There are plenty of luxury condos in this city (see: Claude Giroux’s new digs). There are few with as rich a back story as this triple-sized unit at The Barclay. If it looks like a residence fit for aristocracy, that’s because it was last the home of the late Lady Bessborough, countess of the same and wife to the late Earl of Bessborough, Viscount Duncannon. Before marrying into the aristocracy proper, the Randor native was already part of Philadelphia society, being related to both the Drexel and Biddle families.
The countess was known for many charitable interests – locally, for her support of Drexel as well as the American Philosophical Society – and was noted for her work to preserve Ben Franklin’s last existing home. Franklin’s residence on Craven Street in London proved to be fairly indomitable, having been twice bombed during World War II, set on fire in 1983 and flooded in 1987. Bessborough’s group helped complete repairs in 1996 and a decade later, the home opened to the public.
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A condominium for sale on the 29th floor of the Residences at the Ritz Carlton tower across from City Hall was featured in the New York Times real estate section last week as part of a feature called “What You Get for… $2.5 Million.” So, what do you get?
Well, you get a living room, dining room, and master bedroom all with a curtain wall of glass offering the view of City Hall’s clock tower at eye level. You get a foyer with a straight view through the living room out the windows. You get a special wing for guests with two bedrooms and a separate entrance. You get a master bath with “both a shower and a bathtub surrounded with white marble tiles shot with gray,” and a kitchen “styled with black cabinets, black-and-white granite countertops and gray tile floors.” You get a parking space, and access to a private park and a chauffeur-driven car and an on-site health club. (You do have to pay a little over $3,000 a month for those amenities.)
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The nearly four-acre lot this Chestnut Hill manse sits on could convince us to live there without ever even venturing inside. The rolling grass, the pond, the canal and the waterfall make for a downright arboreal setting.
Inside, the home is sprawled over more than 11,000 square feet of living space. Rooms almost universally feature outdoor access, whether via patio, terrace or balcony. In addition to formal entertaining spaces, there are well-appointed private spaces. Considering the six full and five partial bathrooms, the home appears to feature several metric tons of marble. There is a separate guest wing among the seven bedrooms.
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If you are like us, you have walked by this enormous property on Bainbridge Street en route to The Irish Times or Catahoula and wondered loudly what the compound was doing in the otherwise jam-packed Queen Village. Maybe you were taken aback by the palatial brick facade or the park-like yard with its stately trees and pillars (not to mention the wrought iron). Now that the $2.6 million home has hit the market, we know that the inside is just as grand as the outside.
The nearly 7,000 square foot property spans several parcels of land between 113 and 121 Bainbridge Street but manages to remain relatively private. Mature trees and shrubbery obscure the home’s multiple terraces and garden area from gawkers. There is also – obviously – a gated entrance as well as a security system and garage parking for up for four vehicles.
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When it comes to the housing market, it’s always a case of good-news/bad-news. Let’s start with the bad news: overall, sales are down this year. Now the good news: sales of luxury homes — that means sales of homes priced in the top 1 percent — are on the are way up. Big time. According to Redfin, at least 10 markets have seen more than 40 percent growth in the luxury category this year, with Philadelphia coming in at No. 10. The minimum price of a luxury home in Philly is $1.15 million.
Below, the national chart (click to enlarge) and the three local areas that have the highest sale prices.
We were surprised last summer when the Borie Estate made only its fourth appearance on the market in 200 years. We’re even more surprised that the sprawling estate didn’t sell and is back on the market again after a hiatus that began last January.
Perhaps it’s that the original owner — Charles Louis Borie, a chief architect for the Philadelphia Museum of Art — is back in the news (well, sort of). We can’t help but wonder how Borie would judge the latest plans for the museum. Our pat opinion on design issues tends to be if it’s good enough for Inga, it’s good enough for us. But then, it was Borie’s vision of an “acropolis-like” museum on a hill that gave us our current design, so we can’t be sure what he’d think of street-level entrances. Read more »