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560 Maplewood Road
Wayne, PA 19087
$3,895,000
Conventional
Property
Bedroom
4
Bathroom
6
Property Type
Conventional
Square ft
10987
Property Description
Welcome to this one-of-a kind, artistically conceived "Architectural Digest" post and beam residence, meticulously designed by Mathew Millan and custom constructed by master builder Frank Zadlow with artisan refinements by renowned ironworker Greg Levitt. Set on a private, beautifully landscaped 3-acre lot in the coveted "walk to Wayne" location of Radnor Township, it features soaring ceiling heights with expansive sun-filled windows, a fabulous open floor plan leading out to the beautiful grounds and gardens, historically incorporated details including the inclusion of massive beams that were once part of The Academy of Music's roof structure, a 2-story stone fireplace at the back of the entrance foyer and front of the great room, fabulous Italian inspired custom gourmet kitchen with soapstone, limestone and oak countertop that was hand crafted from an additional Academy beam, gourmet appliances, caterers' kitchen, cozy first floor library/ music room with built-in sound system, luxurious first floor primary suite featuring a Japanese aesthetic throughout, dramatic loft looking over the entire first floor, 2 additional second floor bedroom suites, 2 open air offices overlooking the awe-inspiring beams and depth of the 2-story central living spaces, bonus room which could also be converted to an incredible bedroom suite, lower level ionized pool with full bathroom, wine cellar with welcoming tasting room and lots of additional storage, recreational space. Seize the rare opportunity to purchase a sophisticated, timeless yet jaw dropping property that lends itself perfectly to comfortable living and effortless entertaining on a small or large scale. Close to renowned public and private schools, countless clubs and recreational facilities, equestrian facilities, hiking trails, restaurants, shopping, all forms of transportation and more.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
2005
MLS Number
PADE2067946
Location
Address
560 MAPLEWOOD ROAD
City
WAYNE
State
PA
Zip Code
19087
County
DELAWARE (COUNTY NORTH)
Listing
Provider
Kurfiss Sotheby's International Realty, original listing
Name
Kurfiss Sotheby's International Realty
Phone
(215) 794-1312
Office Name
Kurfiss Sotheby's International Realty
Office Phone
(610) 229-9011
Agent Name
Lisa Yakulis

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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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.