Movoto Real Estate
Sold on 06/30/2025

505 Montgomery Ln, Wayne, PA 19087

  • $2,625,000

    Last sold 06/30/2025 after 51 Days

  • 6

    bed

  • 6

    bath

  • 6,496

    Sqft ($404/Sqft)

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About 505 Montgomery Ln

Property type House
Year built 1878
HOA fee $0/month
Lot size 0.95 Acre
Movoto estimate
Parking 2 garage spaces
Property description
Designed by celebrated architect Frank Furness in 1878, Lainshaw was the childhood home of Robert Montgomery, who co-founded the investment firm Janney Montgomery Scott and built the Villanova estate, Ardrossan. Lainshaw was originally built for Robert’s father, William W. Montgomery. The home was named "Lainshaw" after Montgomery's Scottish roots. Architectural Heritage: Lainshaw showcases Furness's signature craftsmanship with preserved features like intricate moldings, original stair railings, and exquisite fireplaces. These historical elements are beautifully complemented by modern updates, including a gourmet kitchen with a spacious island, a redesigned office with custom cabinetry, and an open-concept family room that ensures seamless flow throughout the home. Other recent improvements include a new roof with copper gutters and downspouts, new insulation in the roof/ attic, repointed chimneys, low-maintenance Hardie-plank siding, new Pella windows throughout, a Lutron lighting automation system, extensive professional landscaping and outdoor lighting enhancements, multi-zone heating and cooling, and radiant heat flooring in kitchen, family room and primary baths. Elegant Design and Exceptional Features: Nine and ten-foot ceilings throughout invite an unexpected and welcome abundance of natural light through large windows. This six-bedroom home features five full bathrooms and one powder room, plus a cozy sunroom, butlers pantry (with original cabinetry), a billiards/media room, an upper level laundry room, and a luxurious primary suite offering two primary baths, both with heated floors for a spa-like retreat. Indoor-Outdoor Living: The private lot is enhanced by an the expansive stone patio complete with a wood-burning fireplace and hot tub, and surrounded by lush, established gardens. The side brick patio includes both covered and uncovered seating areas, and is accessible from the family room, dining room and living room. You’ll appreciate the easy indoor-outdoor flow for day-to-day living, and when entertaining a crowd. Lainshaw offers a unique opportunity to own a piece of Main Line history - and add your own chapters to its future!
Listed by
Listing Agent - Susan W Fitzgerald
Listing Office - Compass Pennsylvania, LLC
Source: Bright MLS mls logo
MLS#PADE2089126 • last updated 11 months ago
Movoto checked Bright MLS for data 6 minutes ago
Overview
Cooling/AC Zoned, Central A/C, Electric
Heating Natural Gas
Type Residential
Status Pending
SqFt 6496
Lot Size (SqFt) 41382
Lot Size (Acres) 0.95
County Tax 3353, Annually
City/ Town Tax 2109
School Tax 13169
Tax: Assessed Value 865790
Annual Property Tax 18632
Year Built 1878
Condition Excellent
Municipality RADNOR TWP
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 6
# Full Baths 5
# Half Baths 1
Total # of Bedrooms 6
Basement Outside Entrance, Workshop
Other Room(s) Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Sun/Florida Room, Laundry, Office, Storage Room, Workshop, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Full Bath
Accessibility Features None
Exterior
Foundation Stone
Garage Desc Additional Storage Area, Garage - Front Entry, Oversized
# Garage Spaces 2
# Parking Spaces 6
# Detached Garage Spaces 2
Parking Desc Detached Garage, Driveway
# Driveway Spaces 4
Exterior Features Extensive Hardscape, Exterior Lighting
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Inclusions See Document Uploaded
Location
Subdivision NONE AVAILABLE
Water Source Public
Senior Community (Y/N) N
High School RADNOR
School District RADNOR TOWNSHIP
Middle School RADNOR
Directions Belrose Lane To Montgomery Lane
Zoning RESIDENTIAL
$2.54M
Range: $2.13M-$2.94M
Last 30 days 
  • Jun 2025
    mls logo MLS # PADE2089126
  • Jun 30, 2025 Sold
    $2,625,000 (-7.9%)
  • Jun 26, 2025 Pending
  • May 21, 2025 Active
  • May 10, 2025 Listed
    $2,850,000 (+83.9%)
  • Sep 2018
    mls logo MLS # 1002596736
  • Sep 6, 2018 Sold
    $1,550,000
  • May 8, 2015 Listed
    $1,695,000 (-11.9%)
  • Jul 2015
    mls logo MLS # 6569887
  • Jul 24, 2015 Sold
    $1,550,000 (-8.6%)
  • May 8, 2015 Listed
    $1,695,000
  • Mar 2015
    mls logo MLS # 6533188
  • Mar 12, 2015 Listed
    $1,925,000 (-14.3%)
  • Jan 2015
    mls logo MLS # 6491663
  • Jan 20, 2015 Withdrawn
  • Dec 1, 2014 Listed
    $2,245,000 (-6.3%)
  • Jun 2014
    mls logo MLS # 6407703
  • Jun 13, 2014 Listed
    $2,395,000
  • 505 Montgomery Ln
    $2.62M
  • 19087
    $980K -6% y/y
  • Wayne
    $1.07M -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 505 Montgomery Ln
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 6/11/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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