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9402 Meadowbrook Avenue
Philadelphia, PA 19118
Maureen Reynolds with SERHANT PENNSYLVANIA LLC, original listing - (610) 635-9977
$4,900,000
Conventional
Property
Bedroom
4
Bathroom
Full: 5, ½: 2
Property Type
Conventional
Square ft
7639 Square Feet
Property Description
Enter a world of unparalleled luxury with this distinguished new construction home, where every detail reflects your unique style and preferences. Discover the pinnacle of personalized luxury, where interior finishes are not just chosen, but crafted to your taste. From selecting premium materials to designing custom layouts, this property offers endless possibilities for creating your dream living space, tailored precisely to your desires. Crafted with the utmost care and precision, this residence stands as a testament to enduring strength and durability. Constructed with high wind-resistant premium fiber cement Hardy exterior, it ensures unmatched resilience against the elements, promising years of worry-free living. The standing seam metal roof offers not only protection but peace of mind. Engineered to withstand all weather conditions, it provides a secure shelter in any environment. But it's not just about durability—it's about efficiency too. This home boasts an energy-efficient design, with its metal roof specially designed to reflect the sun’s UV rays, allowing you to enjoy both comfort and cost-effectiveness year-round. As you approach the residence, you are greeted by impressive automatic smart gates, effortlessly welcoming you onto the property with an air of modern sophistication. The paver driveway and walkways are laid out in a pattern that exudes both style and practicality. Your gaze is drawn upwards to the grand arched portico, an elegant architectural feature that commands attention with its stately presence. Framing the entrance with timeless grace, the portico hints at the grandeur awaiting within, setting the tone for the luxurious experience that awaits beyond its threshold. An elegant layout featuring four lavish bedrooms, each boasting its very own ensuite bathroom, ensuring the utmost comfort and privacy for you and your guests. A flex space that can be utilized as an office or library reflecting a commitment to luxurious living at its finest. From the moment you step through the grandiose two-story foyer, adorned with a custom-made, arched, solid hardwood white ash grand entryway, featuring triple panel slabs and seven individual sidelights, you're greeted by an ambiance of sophistication and elegance. Oversized Pella fiberglass windows and skylights allowing for natural sunlight to flood the space, enhancing its allure. The entire first level boasts 10-foot coffered ceilings, adding a sense of grandeur and spaciousness to the living areas. Indulge in the culinary masterpiece that is the chef's kitchen, meticulously designed to inspire your culinary creativity for hosting memorable gatherings. Off of the family room and kitchen, you'll find 8-foot sliding glass doors leading out to the expansive 2,000 square foot deck with Zuri decking, ideal for year-round entertaining.The lavish primary suite offers a luxurious retreat, boasting a striking 16-foot cathedral ceiling and an opulent en-suite complete with not one, but two glass-encased showers, a deluxe tub, sauna, four skylights and his and hers custom closets. Entertainment excellence in the partially finished 1,700 square foot lower level, thoughtfully crafted to cater to both comfort and entertainment, ensuring an elevated lifestyle experience for you and your guests. Completing the allure of this remarkable property is the garage, housing two cars comfortably, the garage is equipped with custom solid hardwood doors, seamlessly blending style with functionality, and effortlessly controlled by smart openers for convenience. Step inside to discover the extraordinary 12-foot ceilings, providing ample vertical space and a sense of expansiveness. But that's not all – ensuring optimal comfort year-round, the garage is equipped with an air conditioning system, courtesy of a mini-split unit, promising a pleasant environment regardless of the outside temperature. This Chestnut Hill residence is more than just a home—it's a testament to luxury living.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
9402 MEADOWBROOK AVENUE
City
PHILADELPHIA
State
PA
Zip Code
19118
County
PHILADELPHIA (NORTHWEST)
Listing
Provider
SERHANT PENNSYLVANIA LLC, original listing
Name
Phone
(732) 670-6496
Office Name
Office Phone
(610) 635-9977
Agent Name
Maureen Reynolds
Agency Phone
(610) 635-9977

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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.