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761 Mount Moro Road
Villanova, PA 19085
$2,795,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
6694
Property Description
This New Construction home seamlessly blends timeless design with modern living on nearly an acre of land in the heart of Villanova. Upon arrival, you are greeted by a winding bluestone walkway flanked by artfully designed landscaping with James Hardie Board & Batten concrete siding and a Stone exterior, black Andersen windows and doors, and beautiful views of Mount Moro. The Grand Foyer showcases the home's open design with a stunning two-story window showcasing the Restoration Hardware Aquitaine Chandelier and illuminating a white oak staircase with board & batten accent wall and custom fabricated iron railing. The living room is the heart of the home, featuring a dual-sided gas fireplace surrounded by floor-to-ceiling slate, flowing naturally into both the the gourmet kitchen and the breathtaking outdoor deck and pergola which is accessed through the 12' California Style Bifold Door. The motorized outdoor pergola set atop the Trex's highest quality "Lineage" decking features motorized screens that fully close, and roof slats that open and close (and are fully waterproof when closed) plus built-in heaters and a fan making this area your dream indoor/outdoor living space year-round. The Gourmet Chef's Kitchen is adorned with stunning Quartz slab countertop and backsplash, 10' x 5' waterfall island with seating for five, 48" Wolf Gas Range, GE Monogram Paneled appliance suite, floor-to-ceiling custom inset cabinetry, and two Kohler Porcelain sinks with Kohler Purist Faucets. A Walk-in Pantry and breakfast nook overlooking the additional spacious 2nd side deck is perfect for outdoor dining completing the space. The Formal Dining room is outfitted with a custom wine wall with a floating cable suspension system and additional ceiling-height built-ins. The entire first floor features 10' ceilings. Down the hall you will find a formal living room (or bonus bonus room) with custom fabricated 9' tall wrought iron doors facing the other side of the gas fireplace accented with a Restoration Hardware iron chandelier. The first floor is finished with a powder room, home office with custom built-ins by California Closets with additional outdoor access through a slider to the expansive side yard, a 2nd primary bedroom with walk-in closet and en-suite bathroom, and a 2nd mini-mud room convenient for a potential future pool. Upstairs, the primary wing rivals any 5-star hotel suite, featuring an oversized bedroom with tray ceiling detail, spa-inspired primary en-suite bath, and "His" and "Hers" walk-in closets outfitted by California Closets. The primary bath features floor-to-ceiling porcelain slab wall, spa shower with Kohler Water Tiles (six), Kohler Rainfall Shower Head and Kohler Stargaze soaking tub. An 11' long dual-sink quartz countertop washed oak vanity along with a linen closet provide ample storage and functionality for starting and ending your day. The remainder of the second floor features four generously sized bedrooms, each with hardwood flooring, en-suite baths featuring decorative marble tile and walk-in closets all outfitted with California Closets built-in closets. The second floor also features a full laundry room with custom cabinetry and LG washer/dryer and an attic so large you can stand in it for access to ample storage. The basement is fully finished with hardwood floors and features a massive mud room area with built-ins off the two-car garage, as well as built-ins for a TV and storages spaces; perfect for a kids play area or family movie and game night. A powder room and utility room with sink and all-in-one washer/dryer complete this space, as well as ample storage with three closets. There is also a generous crawl space for even additional storage. This home was a ground up renovation that kept only the original foundation; taxes are expected to be below $25,000 due keeping foundation. 999 sqft of impervious coverage available for a pool. Home is within walking distance to Appleford Estate's Arboretum.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
PAMC2107624
Location
Address
761 MOUNT MORO ROAD
City
VILLANOVA
State
PA
Zip Code
19085
County
DELAWARE (COUNTY NORTH)
Listing
Provider
Name
Compass
Phone
Office Name
Compass Pennsylvania, LLC
Office Phone
(610) 822-3356
Agent Name
Joseph Smogard

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HUD Foreclosures

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.