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419 Thornbrook Avenue
Bryn Mawr, PA 19010
Rachael Chou with BHHS Fox & Roach Haverford Sales Office, original listing - (610) 649-4500
$3,275,000
Conventional
Property
Bedroom
6
Bathroom
Full: 7, ½: 1
Property Type
Conventional
Square ft
7476 Square Feet
Property Description
Welcome to your dream home & a masterfully designed 7,400 square foot cedar-sided Hamptons-style residence that exudes elegance and modern comfort. Built in 2006 in the tradition of noted architect Robert A. M. Stern and updated in 2016 by the current owners, this magnificent property sits on 1.66 acres in Bryn Mawr. This 3 story, 6 bedroom, 7 and a half bath home is a harmonious blend of luxury, comfort, and state-of-the-art amenities, making it the epitome of upscale living. As you step into the grand foyer, you are greeted by a stunning staircase that sets the tone for the exquisite craftsmanship found throughout the home. Hand crafted archways and coffered ceilings create the perfect setting for entertaining. The first floor unfolds into a seamless flow of spaces including a sophisticated living room with gas fireplace and formal dining room completed with walls of French doors that open onto the stone patio overlooking the beautiful natural grounds. The bright chef's kitchen is equipped with top-of-the-line Sub Zero and Dacor appliances, butler's pantry and climate controlled wine room. The kitchen's beautiful built-in cabinetry and stunning woodwork extend throughout the first floor, enhancing the aesthetic appeal and functionality of the space. Adjacent to the main living area is a discreet staircase ascending to a cozy library and office/au pair suite with full bath, providing a private retreat within the home. A striking glass-walled hall leads to the entertainment wing, a haven for leisure and enjoyment. Here, you'll find a breathtaking Art Deco tiered theater, offering an unparalleled cinematic experience. Adjoining the theater is a full service kitchen, full bath, and an expansive family room designed for ultimate comfort and style. The entertainment wing also boasts a second-floor gym. From the entertainment wing, you can enter the spectacular outdoor relaxation area, featuring a magnificent slate patio, a pool with a waterfall whirlpool, a stone fireplace, and a built-in grill& all set against the backdrop of meticulously landscaped grounds. The grand main staircase in the foyer leads to the second-floor accommodations, including a luxurious master suite overlooking the gracious grounds, with massive custom his and her closets, built-in cabinetry, and a marble radiant heated bath with a custom two-person glass walled shower and whirlpool tub. Three additional en-suite bedrooms and a laundry room complete the second floor, offering comfort and privacy for family and guests alike. The journey continues to the third floor, where two recently added additional bedrooms, a full bath, cedar closet, and extra storage space await, providing ample room for family or visiting guests. This home is equipped with advanced technology for both convenience and security, including a Lutron lighting system, comprehensive house media system, whole house Generac generator, and five HVAC units. The property also features a large 3-car garage with built-in cabinets, ensuring ample space for vehicles and storage. Located on the prestigious Main Line, in the coveted Lower Merion School District, this home is not just a residence, but a lifestyle choice, offering luxury, privacy, and tranquility. Don't miss the opportunity to own this extraordinary home where every detail has been carefully crafted to ensure unparalleled elegance and comfort.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Other-Single Family Residence
Year Built
2006
MLS Number
--
Location
Address
419 THORNBROOK AVENUE
City
BRYN MAWR
State
PA
Zip Code
19010
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(610) 658-5331
Office Name
Office Phone
(610) 649-4500
Agent Name
Rachael Chou
Agency Phone
(610) 649-4500

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

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.