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0 Hobbs Road
Wayne, PA 19087
Mike Santoleri with RE/MAX Preferred - Newtown Square, original listing - (610) 325-4100
$2,250,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
4500 Square Feet
Property Description
Welcome to your meticulously new construction home, built by established, local craftsmen, eBuild construction, in the prestigious Tredyffrin Easttown School District, and the heart of the Main Line. Ideally located just minutes from charming downtown Wayne with its array of delightful shops, watering spots, and eateries, the convenient Radnor R-5 Train line into Philadelphia, and the shopping and dining options in King of Prussia. Enjoy easy access to downtown Philadelphia and the airport via nearby highways. This stunning residence offers 5 Bedrooms, 4 1/2 bathrooms, and approximately 4500 +/- square feet of luxurious living space on a private 1.5-acre lot in a quiet neighborhood. Designed with comfort and detail in mind - the interior, designed with an abundance of natural light - features 9' ceilings on the first floor, a spacious gourmet eat-in kitchen, complete with a large center island, ideal for both daily living and grand-scale entertaining, and is equipped with top-of-the-line Thermador appliances, granite counters/island, and a tasteful backsplash. Adjacent to the kitchen is a large morning room, and a Butler’s pantry with a large pantry and a beverage center. The family room, just off the kitchen, offers a cozy gas fireplace and plenty of space for large gatherings, while the formal living and dining rooms, on each side of the bright entry foyer, showcase sophisticated shaker-style wainscoting and crown molding. Tucked away in the back of the home is a private office, ideal for work at home families, or a quiet place to do homework. Finishing off the first level, there is a mudroom ideally located off the garages and driveway, that boasts built in bench & cubbies, and a large closet with a powder room just steps away. And yes you read that right - we said garages (plural) - there are 4 of them - so there’s plenty of room for your vehicles, outdoor lawn equipment, motorized toys, or just extra storage. Moving up to the second level - The luxurious Master Bedroom Suite is a true oasis, featuring a tray ceiling reaching 10 feet, two generous walk-in closets, and a spacious master bath with a double sink vanity, a freestanding Wyndham Collection 65” Rebecca Tub, and a custom tiled shower with a bench seat. The other 4 large bedrooms on this level include two with their own en-suite baths and walk in closets, and two with an adjoining jack and jill bath and spacious closets. Also on the second level is your ideally located washer/dryer room with a laundry sink and shelving. There's more - the entire home boasts 5 1/2 baseboard moldings, and Anderson Tuftex Imperial 7” Hardwood floors throughout the first floor and in the master suite, and Pella Lifestyle windows provide abundant natural light throughout the home. The exterior showcases a stylish combination of natural cut stone, James HardieBoard siding, and front elevation board and batten, while the front gables are adorned with Azek trim at the peak. The home also boasts an EP Henry Paver Patio off the morning room, with a serene view overlooking a tranquil backyard—perfect for relaxation and outdoor entertaining. The covered front porch features an elegant blue stone floor, welcoming you home in style. The mechanical features include two gas HVAC systems, a 75-gallon direct vent hot water heater, and PEX Manabloc plumbing system. The 200 Amp electrical system ensures ample power for your needs. With an estimated September 2025 delivery, there's still time to customize your choices and make this exquisite Hobbs residence truly your own. Don't miss the opportunity to own this masterfully crafted new construction home in a highly sought-after location. There’s also an option (see in pictures) to finish the lower level, if additional living space is needed. The specifications, floor plans, and renderings provided are for informational purposes only and are subject to modifications, deletions, corrections, and changes.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2025
MLS Number
--
Location
Address
0 HOBBS ROAD
City
WAYNE
State
PA
Zip Code
19087
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(610) 325-4100
Office Name
Office Phone
(610) 325-4100
Agent Name
Mike Santoleri
Agency Phone
(610) 325-4100

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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.