A Gladwyne mansion with an indoor pool that has been on the market for five years has received another price cut, this time of $4 million, writes Kennedy Rose for the Philadelphia Business Journal.
The property was originally listed for $28 million in July 2016. Since then, the price has been cut several times, this latest reduction brings it down to $14.9 million.
The 12,700-square-foot residence, described as “modern Gothic Revival,” was completed in 2011. The three-level home has six bedrooms and six full and three half bathrooms.
In addition to the indoor pool, there is a wine cellar, arcade, theater room with stadium seating, lighted tennis, and basketball courts, along with many other amenities.
The 32-acre Main Line estate is owned by Andrew Barroway, co-owner of the NHL’s Arizona Coyotes and managing partner of Merion Investment. He acquired the land in Gladwyne for $12 million in 2006 and has spent an additional $23 million to build his dream home.
The property has had several offers so far, but none that the owner was willing to accept.
Read more about the Gladwyne mansion at Philadelphia Business Journal by clicking here.