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4 Welwyn Road
Wayne, PA 19087
$3,399,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
6468
Property Description
Nestled behind stucco walls on a lush 3.34-acre estate in prestigious Radnor Township , 4 Welwyn Road is a historic carriage house transformed into a French-inspired architectural marvel. Originally built in 1920 and encompassing just under 6500 square feet, this property masterfully combines old-world charm with contemporary sophistication, offering a secluded retreat of privacy and luxury. As you arrive, the estate welcomes you with a striking gravel courtyard, setting the stage for its unique U-shaped design. This layout not only enhances the property's privacy but also strategically frames the beautiful courtyards, creating a stunning visual symmetry and providing multiple serene outdoor spaces, for relaxation and entertainment. Upon entering through the grand Foyer, the seamless flow between formal and informal spaces becomes apparent, facilitating both everyday comfort and sophisticated entertaining. The deep windowsills and gleaming random width floors throughout the home add layers of historic charm and rustic elegance. The chef's Kitchen, equipped with top-tier appliances and bespoke cabinetry, is perfectly designed for culinary excellence and flows effortlessly into the formal Dining Room, Family Room and the external courtyards, making it ideal for hosting gatherings of any scale. The First Floor also houses a magnificent Game Room, enveloped in rich wood paneling featuring custom corner cabinets that enhance its elegance. A custom bar and cozy fireplace create a warm, inviting atmosphere, making this room the perfect place for leisure and social activities. On the Second Floor, the Primary Suite serves as a tranquil escape, featuring separate His and Her spa-like Bathrooms and providing a serene and private retreat away from the main living areas. Adjacent to the Primary Suite, a full Gym with the latest fitness technology and a state-of-the-art sauna offers a private wellness retreat, ensuring convenience and luxury are just steps away from the comfort of your bedroom. The Second Floor also extends the living space with three more Bedrooms and two full Baths, accommodating family and guests with comfort and privacy. The property also includes a separate Apartment in one wing with its own entrance, driveway, kitchen, two bedrooms, and an updated bathroom, offering privacy and convenience. Further enhancing the estate are a two-car attached Garage with an adjacent charming Potting Room, and secluded Pool set into a hillside and surrounded by mature landscaping offering a tranquil oasis. Nestled behind its protective stucco walls, 4 Welwyn Road is more than just a residence; it's a sprawling sanctuary where history and modern luxury converge, making it one of Wayne's most desirable hidden gems. Your dreams can come true on THURSDAY MAY 9TH when all showings begin!!
Property Information
Lot Size
3 acre(s) square ft
Property Type
Other
Year Built
1920
MLS Number
PADE2066844
Location
Address
4 WELWYN ROAD
City
WAYNE
State
PA
Zip Code
19087
County
DELAWARE (COUNTY NORTH)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Wayne-Devon Sales Office
Office Phone
(610) 651-2700
Agent Name
Dana Hospodar

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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.