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1685 Valley Road
Newtown Square, PA 19073
Amanda Whelan with BHHS Fox & Roach Haverford Sales Office, original listing - (610) 649-4500
$1,599,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 2
Property Type
Conventional
Square ft
5800 Square Feet
Property Description
Surround yourself with natural beauty in this serene location on (almost) 6 acres. 1685 Valley Road offers the peace of country living while only being a few minutes to shopping, restaurants and more. This beautiful home has evolved with quality and grace since it was originally built in 1965. In 2018 a complete renovation took place taking the home down to the studs. Careful thought was given to additions that were added and how spaces were to be opened up to create the breathtaking home it is today. Not only was the home transformed architecturally but also included a $60K Geothermal HVAC system to provide top notch heating and cooling comfort. This beautiful home is set back from the street with two stone pillars at the driveway entrance which provide elegance and sophistication. The pillars are wired for gates should the next owner want to add this feature. This magnificent modern farmhouse-style home, complete with inviting covered front porch, will leave you with a feeling of warmth and beauty from the moment you walk through the front door. The two-story foyer with gleaming hardwood floors make an immediate impact with hand-crafted wainscoting throughout. A spacious living room sits a step down to the right complete with wood burning fireplace for extra warmth and coziness. Just off of the foyer is a large study which could also serve as a first floor bedroom should one be needed. At the far end of the foyer is a spacious formal dining room complete with divided light doors that lead to a side patio which is perfect for taking in the picturesque outdoors. The beautiful gourmet kitchen is a chefs delight. Rich grey and white marble counter-tops offer generous workspace for any meal. No expense was spared in the ultra high end Wolf 6 burner stove and double oven. A pot filler is conveniently above the stove. A French style Subzero refrigerator/freezer are a must along with the Bosch dishwasher and microwave to perfectly round out the kitchen. The kitchen offers views into both the family room and breakfast room for today's sought after open floor plan. A huge walk-in pantry complete with shelving and two double closets are perfect for storing everything you need for everyday living. A butler's pantry just off of the family room comes complete with wine fridge and wet bar - a perfect place for today's mixology. When you want to spend more time outside on one of the three outdoor living areas, you'll enjoy stepping out from the family room to relax and enjoy. An expansive mudroom runs from the two-car garage all the way to the back of the house offering plenty of storage. A dog shower is wisely located inside a large closet/storage in the garage. This comes complete with doors opening to the driveway making a perfect place to park your John Deere. On the second level of the home you will find a primary suite oasis. Expansive in size, with tray ceiling & gas fireplace, this is your welcome retreat at the end of a long day. A large walk-in closet and gorgeous light filled primary bath were also crafted with great attention to size and detail. A large sitting room across from primary bath is currently used as a nursery. This can easily be transformed into another walk-in closet or can also be used as a home office for extra privacy. Four additional large family bedrooms are each serviced by two tastefully finished Jack & Jill bathrooms. The large laundry room with plenty of cabinets for storage, closet and laundry tub ensure this area will always have everything needed to run a complete and organized home. For extra fun for family and friends, a custom built tree house and above ground pool will provide loads of entertainment for years to come. And if you're looking for a little exercise and adventure, exploring your (almost) 6 acres will certainly provide hours of enjoyment. Don't miss this special property. Some furniture items are negotiable to be included with purchase.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Other-Single Family Residence
Year Built
1965
MLS Number
--
Location
Address
1685 VALLEY ROAD
City
NEWTOWN SQUARE
State
PA
Zip Code
19073
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(610) 715-3358
Office Name
Office Phone
(610) 649-4500
Agent Name
Amanda Whelan
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.