Real Estate
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82-Year-Old du Pont Estate in Dewey Beach Sets Delaware Record for Most Money Ever Fetched in a Residential Sale
The 82-year-old du Pont estate in Dewey Beach, Del., has sold for a record $9.1 million. The trio of purchasers plan to raze the property and build anew, writes Kennedy Rose for the Philadelphia Business Journal. The transaction represents the most expensive residential sale in neighboring Delaware. The property, known as Sandaway, was originally listed…
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West Grove Woman’s 400 Square Feet of Living Space a Testament to the Surge of Interest in Tiny Homes
The appeal of the sprawling Chester County estate, in all its multi-roomed glory, certainly speaks to a segment of the home-buying public. But a growing number of purchasers of Chester County real estate are opting for something smaller. Much smaller. Roger Morris peeked into this trend for Main Line Today. So-called tiny houses, those with…
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Malvern Bank House of the Week: Waterfront Sanctuary Overlooking French Creek in Phoenixville
Designed to enjoy the seasonal kaleidoscopes from each interior space, a custom residence with four bedrooms and three and a half bathrooms is available for sale in Phoenixville. . . The property is a fisherman’s fantasy with more than 300 feet of French Creek frontage. Its 4.2 acres offers bountiful trees, gorgeously landscaped yards, and…
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Want to Move to a Lively Suburb? Chester County Home to One of the Four Finest in the Region
Kennett Square, renowned beyond Chester County as the Mushroom Capital of the World, is one of the four finest and liveliest suburbs in the Philadelphia area. The standing is particularly notable to potential residents, writes Amanda Silberling for Apartment Therapy. The town, with its median home price of $449,663 and an average monthly rent of…
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Malvern Bank House of the Week: Exquisite Curb Appeal Amidst Radley Run Country Club in West Chester
A unique home with exquisite curb appeal, five bedrooms, and four and a half bathrooms is available for sale in West Chester. . . Located amidst Radley Run Country Club, this home is nestled on a beautiful, one-acre lot with lovely landscaping and hardscaping, raised flower beds, a built-in fire pit, and gorgeous vistas. .…
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Former Developer’s Network, Decades of Experience Now a Valuable Asset for Clients of Pillar Real Estate Advisors
After transitioning from commercial real estate development work to a full-time focus on brokerage and transactional services, Tony Stancato has become a valuable asset for Pillar Real Estate Advisors, bolstering the West Chester-based team of commercial real estate agents in its quest to provide unparalleled service to clients. A lifelong resident of West Chester, Stancato…
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The Pandemic Didn’t Stop Around Nine Million Americans from Moving Last Year
Despite the pandemic that has been wreaking havoc around the globe, around nine million Americans decided to move to new homes since the outbreak of the virus, writes Molly Henderson for Moving Company Reviews. However, a significant part of these moves last year were not specifically COVID-19 related. According to Marie Patino of Bloomberg, the…
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Chester County’s Real Estate Market: Bidding Wars Are the Norm and Deep Pockets the Ammunition
The real estate market in Chester County is going through the roof. Lack of inventory is causing bidding wars that are forcing buyers to dig much deeper into their pockets than expected, writes Fran Maye for the Daily Local News. Prices have been increasing each month, with no end in sight, according to local realtor…
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Malvern Bank House of the Week: All-Brick Country Home in Lincoln University
A magnificent country home with four bedrooms and three full and two half bathrooms is available for sale in Lincoln University. . . This all-brick, two-story residence is perfectly situated at the end of a private country lane on a beautiful 6.8 acres. The custom-built home impresses from the get-go with its entrance vestibule boasting…
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Cole Hamels Puts His All-Star of a Home in Newtown Square Up for Sale
Ever wanted to live in the home of a World Series MVP? Now’s your chance. Former Phillies ace Cole Hamels and his family are selling their Newtown Square home. Asking price: $2.95 million, writes Kennedy Rose for the Philadelphia Business Journal. Hamels and his wife, Heidi, custom-built the six-bedroom, 10-bath home at 1004 Brick House…
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Public Wary Over Plans to Develop 95-Acre Tract of Land in Oxford Borough
Representatives from Frost Development recently presented the public with new plans for the Moran Farm in Oxford Borough. Steven Hoffman covered the future of the property for the Chester County Press. The council and planning commission organized the meeting. Its goal was to provide residents with a chance to hear first-hand about the intentions for…
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Malvern Bank House of the Week: Hillside Retreat Comprised of Polynesian-Style Pavilions in Chester Springs
A marvelous ranch home with four bedrooms and two and a half bathrooms is available for sale in Chester Springs. . . Set on a beautiful 7.4 acres, this hillside retreat is a private sanctuary for the entire family. Comprised of four Polynesian-style pavilions, the residence impresses both outside and in. The aesthetics make the…
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Hankin Group’s LEED-Certified Project with Penn ‘Demonstrates Tremendous Green Building Leadership’
Hankin Group has been awarded LEED Silver for its most recent project with the University of Pennsylvania. LEED (Leadership in Energy and Environmental Design), developed by the U.S. Green Building Council (USGBC), is the most widely used green building rating system in the world and an international symbol of excellence. Through design, construction, and operations…
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Malvern Bank House of the Week: 116-Acre Oasis in Oxford
A 116-acre oasis with a contemporary home that features six bedrooms and five and a half bathrooms is available for sale in Oxford. . . The house boasts several decks that provide stunning views of the three ponds and stream – and you may even catch a glimpse of the resident crane! . . Inside,…
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Malvern-Based IMC Construction Sees Strong Demand, ‘Anticipates Significant Increase in Economic Activity’
For Malvern-based IMC Construction, demand has remained strong throughout the pandemic. Strong sectors included multifamily, industrial, and life sciences, writes Sharon Oliver for the Philadelphia Business Journal. The trend is likely to remain upbeat, according to Michael Lloyd, executive vice president of IMC Construction. “We anticipate a significant increase in economic activity as a result…
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Study: Delco Home to Sixth-Best Place to Retire in America
There’s a Philadelphia suburb that has been recognized as one of the nation’s greatest places to retire. SmartAsset has ranked Media Borough as the sixth-best place to retire in the United States, reports CBS Philly. Media fell just after No. 5 Farmington, Mich., and before No. 7 Westlake Village, Calif. First on SmartAsset’s list is Cumming,…
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RE/MAX’s Michael Diggin on Chester County’s Housing Market: Homes Selling at Over 102 Percent of List Price
If ever there were a time to sell your home … Characterizing the current state of Chester County’s real estate market as simply a seller’s market is a gross understatement. Calling it a seller’s market of historic proportions would be more accurate. In the above video, Michael Diggin of RE/MAX Town & Country in West…
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Developer Plans to Turn 30-Acre Brownfield in West Chester into E-Commerce Distribution Center
Once the site of a Wyeth factory that produced penicillin, a 30-acre brownfield in West Chester — vacant for around a decade — could soon become an e-commerce retail distribution center, writes Bill Rettew for the Daily Local News. According to the developer’s plans, 611 East Nields Street would consist of a 143,000-square-foot, 42-foot-tall structure…
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