Wayne, PA 19087 505 Montgomery Lane

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Presented By: Compass Pennsylvania, LLC
  • MLS# PADE2089126
  • 05/10/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Full/Half Baths • 5 / 1
  • SQFT • 6,496
  • Garage • 2

Home Details

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 Roberts 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. Youll 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!
Presented By: Compass Pennsylvania, LLC

Interior Features for 505 Montgomery Lane

Bedrooms

Bedrooms Count All Upper Levels6
Bedrooms Count Upper Level 14
Bedrooms Count Upper Level 22
Total Bedrooms6

Bathrooms

Bathrooms Half Main Level1
Bathrooms Full Upper Level 31
Bathrooms Full Upper Level 21
Bathrooms Full Upper Level 13
Bathrooms Full All Upper Levels5
Bathrooms Count Upper Level 31.00
Bathrooms Count Upper Level 21.00
Bathrooms Count Upper Level 13.00
Bathrooms Count All Upper Levels5
Half Baths1
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area6496
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementOutside Entrance, Workshop
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Fireplaces2

Other Rooms

Room TypeLiving 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

Room Details for 505 Montgomery Lane

Basement

level Lower 1

Bathroom 2

level Upper 1

Bathroom 2 # 2

level Upper 1

Bathroom 3

level Upper 1

Bedroom 3

level Upper 1

Bedroom 4

level Upper 2

Bedroom 4 # 2

level Upper 1

Bedroom 5

level Upper 2

Bonus Room

level Upper 3

Dining Room

level Main

Family Room

level Main

Foyer

level Main

Full Bath

level Upper 2

Full Bath # 2

level Upper 3

Kitchen

level Main

Laundry

level Upper 2

Living Room

level Main

Office

level Main

Primary Bathroom

level Upper 1

Primary Bedroom

level Upper 1

Storage Room

level Upper 3

Sun/Florida Room

level Main

Workshop

level Lower 1

General for 505 Montgomery Lane

AccessibilityNone
Architectural StyleTraditional, Victorian
Bathrooms Count Main Level1.00
CityWAYNE
Condo/Coop Association Y/NNo
Construction MaterialsBrick, Fiber Cement, HardiPlank Type
Cool FuelElectric
CoolingZoned, Central A/C
CountyDELAWARE
DirectionsBelrose Lane to Montgomery Lane
Exclusionssee document uploaded
Full Baths5
Garage Spaces2.00
Garage Y/NYes
HOANo
HeatingHot Water, Zoned
Historic Y/NNo
Levels3
Lot Size Square Feet41382.00
Lot Size UnitsSquare Feet
MLS AreaRadnor Twp (10436)
ModificationTimestamp2025-05-21T19:35:43
MunicipalityRADNOR TWP
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG438.73
Property ConditionExcellent
Property TypeResidential
School DistrictRADNOR TOWNSHIP
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount18632.0
Tax Assessed Value865790.0
Tax Lot082-000
Tax Year2024
Total SQFT6496
TransportationCommuter Rail Station 1 to 5 miles
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1878
Year Built SourceEstimated
ZoningRESIDENTIAL

Exterior for 505 Montgomery Lane

# of Detached Garage Spaces2
Exterior AmenitiesExtensive Hardscape, Exterior Lighting
Foundation DetailsStone
Garage FeaturesAdditional Storage Area, Garage - Front Entry, Oversized
InclusionsSee document uploaded
Land Assessed Value283460.00
Land Use CodeR-10
Lot Dimensions0.00 x 0.00
Lot FeaturesLevel, Landscaping, No Thru Street
Lot Size Acres0.95
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces6
Type of ParkingDetached Garage, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Radnor High School
Middle School Radnor Middle School
Elementary School N/A

Rachel Shepherd

Price $2,850,000
MLS#PADE2089126
List Date 05/10/2025
Property Type Contingent
Phone 703.929.4729
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