505 MONTGOMERY LANE, WAYNE, PA, 19087

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$2,850,000
36 Days On Site

505 MONTGOMERY LANE
WAYNE, PA 19087

For Sale|Single Family Residence|Active Under Contract
6
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
6,496
SqFt
$439
/SqFt
1878
Built
County:
DELAWARE
Listing courtesy of Compass Pennsylvania, LLC

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505 MONTGOMERY LANE505 MONTGOMERY LANE505 MONTGOMERY LANE505 MONTGOMERY LANE
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Designed by celebrated architect Frank Furness in 1878, Lainshaw was the childhood home of Robert Montgomery, who co-founded the investment firm Janney Montgomery Scott and built the Villanova estate, Ardrossan. Lainshaw was originally built for Robert’s father, William W. Montgomery. The home was named "Lainshaw" after Montgomery's Scottish roots. Architectural Heritage: Lainshaw showcases Furness's signature craftsmanship with preserved features like intricate moldings, original stair railings, and exquisite fireplaces. These historical elements are beautifully complemented by modern updates, including a gourmet kitchen with a spacious island, a redesigned office with custom cabinetry, and an open-concept family room that ensures seamless flow throughout the home. Other recent improvements include a new roof with copper gutters and downspouts, new insulation in the roof/ attic, repointed chimneys, low-maintenance Hardie-plank siding, new Pella windows throughout, a Lutron lighting automation system, extensive professional landscaping and outdoor lighting enhancements, multi-zone heating and cooling, and radiant heat flooring in kitchen, family room and primary baths. Elegant Design and Exceptional Features: Nine and ten-foot ceilings throughout invite an unexpected and welcome abundance of natural light through large windows. This six-bedroom home features five full bathrooms and one powder room, plus a cozy sunroom, butlers pantry (with original cabinetry), a billiards/media room, an upper level laundry room, and a luxurious primary suite offering two primary baths, both with heated floors for a spa-like retreat. Indoor-Outdoor Living: The private lot is enhanced by an the expansive stone patio complete with a wood-burning fireplace and hot tub, and surrounded by lush, established gardens. The side brick patio includes both covered and uncovered seating areas, and is accessible from the family room, dining room and living room. You’ll appreciate the easy indoor-outdoor flow for day-to-day living, and when entertaining a crowd. Lainshaw offers a unique opportunity to own a piece of Main Line history - and add your own chapters to its future!

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Listing Snapshot
Price 
$2,850,000
Days On Site 
36 Days
Bedrooms 
6
Inside Area (SqFt) 
6,496 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
0.95 Acres
Year Built 
1878
MLS® Number 
PADE2089126
Status 
Active Under Contract
Property Tax 
$18,632
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.95
Cross Street 
Belrose
Foundation 
Stone
Garage 
Yes
Garage Spaces 
2
Parking 
OversizedGarageDrivewayDetached
Parking Spaces 
6
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6496
Stories 
Three Or More
Style 
TraditionalVictorian
Water Source 
Public
Zoning 
RESIDENTIAL
Interior Features
Appliances 
Gas Water Heater
Basement 
Cooling 
Central AirZonedElectric
Fireplace 
Yes
Fireplaces 
2
Heating 
Natural GasHot WaterZoned
Laundry Features 
Laundry Room
Bathroom 2 
Bathroom 3 
Bedroom 3 
Bedroom 4 
Bedroom 5 
Bonus Room 
Dining Room 
Level - Main
Family Room 
Level - Main
Foyer 
Level - Main
Full Bath 
Kitchen 
Level - Main
Laundry 
Living Room 
Level - Main
Office 
Level - Main
Primary Bathroom 
Primary Bedroom 
Storage Room 
Sun/Florida Room 
Level - Main
Workshop 
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Exterior Features
Construction Details 
BrickFiber CementHardiPlank Type
Exterior 
Lighting
Lot Features 
Level
Other Structures 
Workshop
Pool Features 
None
Community Features
MLS Area 
Radnor Twp (10436)
School District 
RADNOR TOWNSHIP
Schools
School District
RADNOR TOWNSHIP
Elementary School
Unknown
Middle School
RADNOR
High School
RADNOR
Listing courtesy of Compass Pennsylvania, LLC



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Neighborhood & Commute
Source: Walkscore
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