Real Estate
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Jersey Shore Estate with Ocean Views from Every Room — ‘Most Talked-About House in Past 23 Years’ — Hits Market
Countless Chester County residents flock to the Jersey Shore every year in the summer. If you’re one of them, and vacationing in the vicinity of Long Beach Island, you’ll want to check out a 9,000-square-foot estate that just hit the market. It boasts an ice cream parlor, butterfly habitat, and koi pond, writes Lisa Dukart…
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Warehouse Boom in Palmer Township and Its Aftermath Should Sound Warning Bells Throughout The Region
The warehouse boom in Palmer Township, ten miles north of Pennsburg in Montgomery County, has its positive sides, but the effects it has had on the surrounding community are much more dire and should serve as a warning to the entire Lehigh Valley, writes Rudy Miller and Anthony Salamone for The Morning Call. The quality…
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Toll Brothers Sell Virginia Property After Data Center Makes an Offer ‘It Couldn’t Refuse’
Toll Brothers, based in Fort Washington, recently made an unexpected sale of a parcel of land in Virginia in what it is calling a “one-off,” saying it was an offer “it couldn’t refuse,” writes Dan Brendel and Michael Potter for the Philadelphia Business Journal. Toll Brothers CEO Douglas Yearley Jr., said during an investors’ call…
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First Bank House of the Week: Striking Contemporary in Huntingdon Valley
A striking contemporary home on 0.71 acres with six bedrooms and five bathrooms is available for sale in Huntingdon Valley. . . This beautifully renovated residence with open floor layout is ideal for luxurious living and entertaining. Highlights include the gourmet kitchen with state-of-the-art appliances and a spacious cooking island, bright breakfast sunroom, family room…
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$3.1 Million Villanova Estate Finds Buyer in Less Than a Week
A nearly century-old Villanova estate with a basketball court, golf green, soccer and lacrosse fields, and a koi pond listing for $3.1 million received an offer less than a week after it was listed, writes Ryan Mulligan for Philadelphia Business Journal. The castle-like home on Tower Road includes eight bedrooms and nine bathrooms. It sits…
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Philadelphia Metro Sees Significant Gains in Luxury Home Sales
The luxury housing market in Greater Philadelphia has seen noteworthy gains in the last year, writes Ryan Mulligan for the Philadelphia Business Journal. According to data from Bright MLS, the number of sales and listings for luxury homes in the Philadelphia metro area is up considerably in the second quarter compared to the same period…
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First Bank House of the Week: Charming French Country Cottage in Penn Valley
A charming French country cottage home on 0.52 acres with four bedrooms and three and a half bathrooms is available for sale in Penn Valley. . . This lovely residence is perfectly positioned on a corner lot within walking distance of Narberth. The property is surrounded by mature trees and plantings, which create a cozy,…
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Mid-century Modern with Many Original Details Hits Market in Elkins Park
A mid-century modern house that still boasts many of its original details, like a vintage leather wet bar, recently hit the market in Elkins Park, writes Paul Jablow for The Philadelphia Inquirer. The three-bedroom, three-and-a-half-bathroom home was built in the late 1940s. It was designed by David Daniel Weitz, a renowned art deco architect, for…
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First Bank House of the Week: Retro Contemporary in Rydal
A retro contemporary home on 1.9 acres with five bedrooms and four-full-and-two-half bathrooms is available for sale in Rydal. The Green House was designed in 1964 by Malcolm Wells, the father of modern earth-sheltered architecture. . . Approaching the home, you get welcomed by the forecourt surrounded by low stucco and stone walls. Stone piers…
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Center City Office Buildings Keep Selling at Steep Discounts
Five Center City office buildings that changed hands in the last two months have sold for a combined total of $151 million less than their assessed value, writes Paul Schwedelson for the Philadelphia Business Journal. Each of the buildings sold at a steep discount, bringing into focus the current value of lower-quality office buildings with…
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New Jersey “Barbie Dreamhouse” Goes Viral on TikTok
A home in New Jersey, dubbed the “Barbie Dreamhouse,” has gone viral on TikTok for its pink-themed interior, writes Katherine Cressman for the Bucks County Courier Times. Listed on Zillow for $500,000, the Hamilton house at 835 Hughes Drive stands out with bubblegum pink shutters and salmon-pink walls, kitchen cabinets, and floors, all complemented…
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Four-bedroom Cape Cod in Huntingdon Valley Hits Market
When Gerrie Pennock and her husband Michael were house-hunting two decades ago, a beautiful Japanese maple in the yard solidified their decision to buy a lovely Cape Cod in Huntingdon Valley, writes Paul Jablow for The Philadelphia Inquirer. “It took my breath away,” said Pennock. The pair also liked that the home had plenty of…
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Philadelphia is Less Affordable Now Than it Has Historically Been, New Report Finds
New research has found that while it is still a city of homeowners, Philadelphia is less affordable than it has historically been, not just in the past several years but also over the last two decades, writes Aaron Moselle for WHYY. “The affordability of the city’s market is changing,” said Octavia Howell, a manager with…
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Fort Washington-based Toll Brothers Launches Sales for High-end Housing Community in Florida
Fort Washington-based Toll Brothers recently launched sales for Meravita at Boca Raton, a high-end housing community in Florida, with prices starting at $1.8 million, writes Brian Bandell for the Philadelphia Business Journal. The luxury home builder will develop 70 homes on a 37.4-acre site that was recently agricultural. The land was acquired by an affiliate…
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First Bank House of the Week: Custom Old-World Tudor in Lafayette Hill
A charming custom-built Tudor-style home on 0.79 acres with four bedrooms and four and a half bathrooms is available for sale in Lafayette Hill. . . This gorgeous residence showcases old-world elegance combined with modern amenities. It features a myriad of unique architectural characteristics, including an attractive turret. Highlights include a grand foyer with curved…
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Ambler Home Built by Edward Smith of Smith Barney Now Selling for $2.895M
An Ambler mansion built by Edward Smith of Smith Barney has been reduced in price once again in the hopes of finally finding its new owner, writes Kennedy Rose for the Philadelphia Business Journal. The 12,299-square-foot home at 1336 Gypsy Hill Road has been listed several times in recent years, offered for as high as…
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Fort Washington-based Toll Brothers Wins Coveted Home of the Year Award at Annual Gold Nugget Awards
Fort Washington-based Toll Brothers has been recognized with the coveted Home of the Year Award at the annual Gold Nugget Awards, one of the most prestigious national competitions in the home-building industry. The nation’s leading builder of luxury homes also received seven Grand Awards and 28 Merit Awards. The Gold Nugget Awards recognize architectural design…
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First Bank House of the Week: Gorgeous Stone-front Contemporary in Merion Station
A gorgeous stone-front contemporary home on lovely 0.34 acres with six bedrooms and six bathrooms is available for sale in Merion Station. This stunning residence spans 5,547 square feet and perfectly blends modern elegance with sophisticated functionality. … … The home impresses from the start with its opulent design and meticulous craftsmanship. The many amazing…
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