Real Estate
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For a Mere $35,000, This Retro Pennsylvania Dining Car Can be Yours
Fans nostalgic for diners have a shot at owning their own retro Pennsylvania dining car, writes Hannah Frishberg for The New York Post. A classic Fodero Dining Car is in need of some repairs after serving as a local eatery in Womelsdorf, Pennsylvania, for decades. It’s being sold on Facebook for $35,000. “Looking to sell…
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Spectacular 11-Acre Pipersville Estate with River Views and Underground Shelter Goes to Auction Without Reserve
An 11-acre Pipersville estate with an Italian-style home that boasts everything from a survival bunker to a river view will be auctioned off on April 29, writes Jeff Ward for WFMZ 69 News. In addition to an underground shelter with a vault, an air-filtration system, and a security system that has over 30 cameras, the…
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First Bank House of the Week: Luxurious Georgian Brick Colonial Masterpiece in Collegeville
A magnificent Georgian colonial home on 1.54 acres with four bedrooms and three full and two half bathrooms is available for sale in Collegeville. . . This stunning residence is the epitome of luxury living with almost 6,000 square feet of exquisite living space. The home immediately impresses with its grand foyer boasting classic hardwood…
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Castle-like Gladwyne Mansion Gets 22 Percent Price Cut, Now Listed for $10.9M
The seven-acre Wooded Hill mansion estate in Gladwyne with a gorgeous castle-like mansion and a golf green has had a price cut of $3 million and is now listed for $10.9 million, writes Ryan Mulligan for the Philadelphia Business Journal. The property is located in a private wooded area. It was originally priced at $13.9…
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Greenwood Racing Buys Two Office Buildings by Parx Casino for $12.5 Million
Greenwood Racing Inc., the owner of Parx Casino, has expanded its real estate holdings with the acquisition of two office buildings near its Bucks County gaming hub for $12.5 million, writes Emma Dooling for the Philadelphia Business Journal. Purchased in February, the buildings at 3329 and 3331 Street Road in Bensalem are part of…
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You’ll Need a $200,000 Salary to Afford These Montgomery County Homes
There are nine ZIP codes in the Philadelphia metro area where it is necessary to earn a minimum of $200,000 to afford a median-priced home, and four of them are in Montgomery County, write Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. The two most expensive ZIP codes in the region are Gladwyne…
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Step Inside the Historic Quakertown Farmhouse Blending 18th-Century Charm with Modern Luxury
Nestled on a 10-acre lot in Quakertown, the enchanting residence at 1375 California Road weaves together the past and present, writes Sandy Smith for Philadelphia Magazine. At the heart of this historic farmhouse is a log cabin erected in 1734, which has been lovingly preserved and integrated into the home’s structure. A two-story stone…
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Pennsylvania Has Two ‘Million-dollar’ Neighborhoods, Both in Montgomery County
For the first time, Pennsylvania has “million-dollar” neighborhoods, which are communities where the typical home is worth $1 million or more, writes Michaelle Bond for The Philadelphia Inquirer. According to a new Zillow analysis, the Keystone State now has two such neighborhoods, and both are in Montgomery County. Gladwyne and Villanova found their spot on…
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First Bank House of the Week: Beautiful Federal Farmhouse in Wyndmoor
A beautiful federal farmhouse home on 0.71 acres with six bedrooms and four and a half bathrooms is available for sale in Wyndmoor. . . Perfectly nestled on a quiet tree-lined street, this unique residence perfectly blends its historic charm with modern amenities. Highlights include an old-world living room with a soaring ceiling, a gas…
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New Industrial Warehouse Coming to Northeast Philadelphia After Dallas Real Estate Firm Purchase
Crow Holdings Development is planning to build a 150,000-square-foot industrial building on a 14.4-acre Northeast Philadelphia site it recently acquired for $8 million, writes Paul Schwedelson for the Philadelphia Business Journal. The Dallas real estate investment firm purchased the site from the Philadelphia Authority for Industrial Development, which is a subsidiary of Philadelphia Industrial Development…
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Toll Brothers Secures 86-Acre Stone Meadows Farm in Langhorne for $40.5 Million for Senior Living Community
Toll Brothers has acquired an 86-acre parcel of land in Langhorne, for $40.5 million, eyeing the development of a 55-plus community at the former Stone Meadows Farm, writes Paul Schwedelson for the Philadelphia Business Journal. Toll Brothers aims to cater to the active adult segment under its Regency Collection, although the exact number of…
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Maryland Hospitality Company Reopens Long-shuttered Fort Washington Hotel
After acquiring it for $11.05 million last year, Baywood Hotels, a Maryland hospitality company, has reopened the long-shuttered Hilton Garden Inn Philadelphia/Fort Washington, writes Emma Dooling for the Philadelphia Business Journal. The 146-room hotel has been closed for at least two years, following a hurricane that severely damaged the property. Baywood Hotels finally reopened it…
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New Construction: Modern Colonial Farmhouse for Sale in Ambler
This new construction farmhouse in Ambler is part of the four-unit Tennis Pointe development just outside of town. The house offers a minimalist, but luxurious, take on a traditional American farmhouse, writes Sandy Smith for Philadelphia. But the home at 964 Tennis Rd., also has a modern twist. The development is one of the projects…
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Historic Ambler Estate with Gardens Archived in Smithsonian Hits Market for $5.39 Million
A historic 14-acre estate in Ambler with a riding arena, three livable structures, and stunning gardens that have been archived in the Smithsonian recently hit the market for $5.39 million, writes Ryan Mulligan for the Philadelphia Business Journal. Tunnel Farm, owned by Andrea and Brad Heffler, dates back to 1742. The main house features four…
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First Bank House of the Week: Mid-Century Marvel in Penn Valley
A gorgeous mid-century contemporary home on 1.2 acres with five bedrooms and four and a half bathrooms is available for sale in Penn Valley. . . Perfectly situated in an idyllic neighborhood, this lovely home still boasts original installations of its timeless era. The residence seamlessly integrates with nature and access to the outside from…
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Bryn Mawr-based Alliance HP Buys Two Montgomery County Properties for $23.1M
Bryn Mawr-based real estate firm Alliance HP has purchased two properties in Montgomery County – one industrial building and one office building – for a total of $23.1 million, writes Paul Schwedelson for the Philadelphia Business Journal. The company bought a 143,000-square-foot fully vacant office building in Plymouth Meeting for $11.3 million. Alliance HP is…
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Philadelphia Ranks Among Top Five Metro Areas with Best Housing Affordability
The Philadelphia area is one of the rare major metros in the United States where households do not need to make six figures to be able to afford a typical home, writes Michaelle Bond for The Philadelphia Inquirer. According to Redfin’s recent analysis of the 50 most populous U.S. metros, the Philadelphia area has the…
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Property in Hamptons Purchased By Gladwyne Real Estate Developer For $118.5M in 2021 Hits Market Again For $99.5M
A Hamptons compound purchased by Gladwyne real estate developer Michael Karp for $118.5 million in late 2021 is once again on the market now for $99.5 million, writes Zachary Kussin for the New York Post. The property consists of two homes located at 70 and 71 Cobb Lane, the priciest residential property for sale in…
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