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3052 River Road
New Hope, PA 18938
$5,950,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
5844
Property Description
Nestled along the picturesque banks of the Delaware River, in the quaint town of New Hope, Pennsylvania, this remarkable 7-acre estate stands as a testament to unparalleled luxury and timeless elegance. Crafted by the visionary architect William Lawrence Bottomley, every facet of this property exudes a European charm that captivates the soul. As you meander up the Belgium stone driveway, anticipation builds, leading to a grand courtyard adorned with a magnificent 3-tier fountain. The facade of the European-style villa commands attention, setting the stage for the opulence that lies within. Step inside to discover a world of refined living spaces, where 5 bedrooms and 6 full bathrooms, along with 2 half baths, offer an oasis of comfort and sophistication. The meticulous attention to detail is evident at every turn, from the oak floors of the formal Dining Room, aglow with the warmth of a custom Venetian chandelier, to the expansive chef's kitchen, where culinary delights come to life amidst upgraded marble countertops and top-of-the-line appliances. Beyond the kitchen, a glass conservatory beckons, offering panoramic views of the tranquil Delaware River. Here, mornings are greeted with sunlight dancing across the waters, and evenings invite quiet reflection as the sun dips below the horizon. Entertainment knows no bounds in this estate, with a spacious living room adorned with 1920's parquet floors and a built-in wet bar, perfect for hosting gatherings large or small. Adjacent to the living room, a sunroom awaits, bathed in natural light streaming through nine sets of French doors that open onto the stone patio, where the heated pool, jacuzzi, and pergola create an outdoor haven for relaxation and enjoyment. Ascending the grand staircase to the second floor, three generously appointed bedrooms await, each boasting its own ensuite bathroom. A handsome study with built-in Mahogany bookcases provides a quiet retreat for work or leisure, while the primary bedroom exudes luxury with its gas fireplace, Juliet balconies, and built-in speakers. For guests seeking privacy, a bonus guest suite offers two spacious bedrooms with ensuite bathrooms and a private entrance, ensuring comfort and convenience for all who visit. No expense was spared in the 2016 renovation, ensuring that this estate remains a paragon of luxury living. With easy access to New Hope, Lambertville, Philadelphia, and Princeton, this property offers the perfect blend of tranquility and accessibility—a rare gem awaiting its discerning owner.
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential
Year Built
1923
MLS Number
PABU2068882
Location
Address
3052 RIVER ROAD
City
NEW HOPE
State
PA
Zip Code
18938
County
BUCKS (SOUTHEAST)
Listing
Provider
Kurfiss Sotheby's International Realty, original listing
Name
Kurfiss Sotheby's International Realty
Phone
(215) 794-1312
Office Name
Kurfiss Sotheby's International Realty
Office Phone
(215) 794-3227
Agent Name
Laurie Madaus

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.