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485 Lewis Lane
Ambler, PA 19002
$4,250,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
6528
Property Description
Nestled in the embrace of time-honored trees in the heart of Blue Bell, offering unparalleled views of permanently conserved open space with horse & walking trails, and once the site of George Washington's encampment, this completely renovated 5 bedroom, 7 bath Stone Colonial stands as a testament to timeless elegance & meticulous craftsmanship. Every element of this extraordinary home, originally built in 1910, from the gleaming new hardwood floors, to the spectacular kitchen & gorgeous en-suite Baths, has been reimagined and transformed while still blending seamlessly with its history & character. Everything is new, including the walls, windows, doors, electrical system, HVAC, tankless hot water heater, septic system, plumbing & lighting fixtures and more. Perhaps the crowning jewel of this renovated gem is its addition, an attached 3-car garage w/rooms above, designed to complement rather than compete by successfully enhancing the home's functionality while preserving its historic charm. A long tree-lined private lane leads to the newly created, walled courtyard entrance. The 12' thick stone walls, cedar shake roof, copper gutters, deep windowsills, arched doorways & 9' 1st floor ceilings preserve the home's integral character. 2 separate entrances include a custom solid mahogany front door opening to the center hall with a curved 3-story staircase whispering stories of the past. The center hall provides a breathtaking front-to-back view of the rear grounds through the impressive floor-to-ceiling rear French doors that extend across the Living & Dining Rms. The meticulously created Kitchen is a work of art where every detail of this extraordinary culinary space has been carefully crafted, including quartz counters, farm sink, stunning tiled backsplash, commercial range, 1 of 2 dishwashers, furniture-style refrigerator & freezer, expansive center island w/walnut butcher block counter w/seating for 4 & bar w/wine refrigerator. Enjoy the cuisine in the adjacent Dining Rm while basking in the warmth of the gas fireplace. The ease of entertaining is enhanced by the adjacent Butler's Pantry with 2nd dishwasher, 2nd sink & walls lined w/custom cabinetry. The incredibly spacious Living Rm features the 2nd gas fireplace & offers the opportunity for multiple seating areas. A connecting Study provides one of the most spectacular views of the exterior. The 2 Powder Rms are simply gorgeous. Completing this level is a spacious Mud Room. 2 sets of stairs provide access to the 2nd floor. Pure luxury awaits in the Primary Suite with/walk-in, professionally organized closet & a sensational Full Bath w/radiant heated floor, stand-alone tub, double vanities w/quartz counters & & spa-worthy walk-in shower w/glass wall. 3 additional bedrooms & en-suite baths are equally impressive, each offering its own unique blend of comfort & style. A separate Family Rm on this level offers options for Media or Recreation, & the Laundry Rm includes a washer, dryer, utility sink & custom cabinetry. Continuing to the 3rd level will reveal 1 charming Bedrm & a Gym, sharing a stunning Full Bath. Doors from every 1st floor room provide access to the grounds, where nature takes center stage, w/conserved space providing a backdrop of lush greenery as far as the eye can see. Whether reading a book on the stone terrace or brick patio or barbecuing at the outdoor kitchen, the views are breathtaking and private. Horse lovers will have the added bonus of access to the Green Ribbon trail. Other significant features include Sonos system w/speakers in every room, a security system & backup generator. This special retreat is 5 minutes to the charming shops & restaurants of Ambler & close to multiple train stations w/easy access to center city Phila. Located within top-rated Wissahickon School District, & minutes to excellent private schools. This is not just a house, but a masterpiece of design & craftsmanship, where past & present converge in perfect harmony.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Other
Year Built
1910
MLS Number
PAMC2102744
Location
Address
485 LEWIS LANE
City
AMBLER
State
PA
Zip Code
19002
County
MONTGOMERY (SOUTHEAST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Blue Bell
Office Phone
(215) 542-2200
Agent Name
Linda Baron

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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.