505 Montgomery Ln

Wayne, PA 19087

$2,625,000
Last Sold Price
6
Beds
6,496 Sq. Ft.
$404 / Sq. Ft.
6,496
Sq. Ft.
$404
per Sq. Ft.

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,
...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!

Listing Agent

  1. Sue Fitzgerald

    Sue Fitzgerald

    Listing Agent

    Compass

Property Details for 505 Montgomery Lane

Tax ID Number
36-02-01246-03
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Traditional, Victorian
Levels/Stories
3
Waterfront
No
LISTING UPDATED: 06/30/2025 06:29 PM

Property Details for 505 Montgomery Lane

StatusClosed
MLS #PADE2089126
Days on Market12
Taxes$18,632 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1878
Lot Size0.95 AC / 41,382 SF
CountyDelaware County
Buyer's Agent Compensation2.5%

Location

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Building Information for 505 Montgomery Lane

Stories3Year Built1878Building Size-Lot Size0.95 AC / 41,382 SF

Payment Calculator

$15,306 per month

30 year fixed, 6.845% Interest

Principal and Interest

$13,753

Property Taxes

$1,553

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Montgomery Lane

Location
Location
  • Transportation: Commuter Rail Station 1 to 5 miles
  • School District Name: RADNOR TOWNSHIP
  • School District County ID: 300200397358
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: RADNOR (DELAWARE PA)
  • MiddleSchoolSource: Listing Agent
  • High School: RADNOR (DELAWARE PA)
  • HighSchoolSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Radnor Twp (10436)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $865,790
  • Year Assessed: 2025
  • County Tax: $3,353
  • Improvement Assessed Value: $582,330
  • City Town Tax: $2,109
  • Land Assessed Value: $283,460
  • Clean Green Assessed: No
  • Land Use Code: R-10
  • Historic: No
  • Zoning: RESIDENTIAL
  • Tax Lot: 082-000
  • School Tax: $13,169
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 6
  • # Bathrooms Count All Upper Levels: 5
  • # Bathrooms Full All Upper Levels: 5
Upper Level 1
  • # Bedrooms Count Upper Level: 4
  • # Bathrooms Count Upper Level: 3
  • # Bathrooms Full Upper Level: 3
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Upper Level 3
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Room List: 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
  • Stories: Main, Upper 1, Upper 2, Upper 3
Rooms Information
Room 1
  • Room Type: Foyer
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Sun/Florida Room
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Office
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Family Room
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Living Room
  • Room Level: Main
  • Room Exists: Yes
Room 8
  • Room Type: Workshop
  • Room Level: Lower 1
  • Room Exists: Yes
Room 9
  • Room Type: Primary Bedroom
  • Room Level: Upper 1
  • Room Exists: Yes
Room 10
  • Room Type: Primary Bathroom
  • Room Level: Upper 1
  • Room Exists: Yes
Room 11
  • Room Type: Bathroom 2
  • Room Level: Upper 1
  • Room Exists: Yes
Room 12
  • Room Type: Bathroom 2
  • Room Level: Upper 1
  • Room Exists: Yes
Room 13
  • Room Type: Bedroom 3
  • Room Level: Upper 1
  • Room Exists: Yes
Room 14
  • Room Type: Bathroom 3
  • Room Level: Upper 1
  • Room Exists: Yes
Room 15
  • Room Type: Laundry
  • Room Level: Upper 2
  • Room Exists: Yes
Room 16
  • Room Type: Bedroom 4
  • Room Level: Upper 2
  • Room Exists: Yes
Room 17
  • Room Type: Full Bath
  • Room Level: Upper 2
  • Room Exists: Yes
Room 18
  • Room Type: Bedroom 5
  • Room Level: Upper 2
  • Room Exists: Yes
Room 19
  • Room Type: Full Bath
  • Room Level: Upper 3
  • Room Exists: Yes
Room 20
  • Room Type: Bonus Room
  • Room Level: Upper 3
  • Room Exists: Yes
Room 21
  • Room Type: Storage Room
  • Room Level: Upper 3
  • Room Exists: Yes
Room 22
  • Room Type: Bedroom 4
  • Room Level: Upper 1
  • Room Exists: Yes
Room 23
  • Room Type: Basement
  • Room Level: Lower 1
  • Room Exists: Yes
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Total Finished SQFT: 6,496.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 6,496.00
  • Total SQFT: 6,496.00
  • Total SQFT Source: Assessor
  • Construction Materials: Brick, Fiber Cement, HardiPlank Type
  • Basement Type: Outside Entrance, Workshop
  • Foundation Details: Stone
  • Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Upper Level 1-3, Bedrooms-Upper Level 2-1, Bedrooms-Upper Level 2-2, Bathrooms Full-Upper Level 2-1, Bathrooms Full-Upper Level 3-1
  • # Bathrooms Full: 5
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Level, Landscaping, No Thru Street
  • Parcel ID: 532320
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway
  • Num of Detached Garage Spaces: 2
  • Driveway - # of Spaces: 4
  • Total Garage Spaces: 2
  • Garage Features: Additional Storage Area, Garage - Front Entry, Oversized
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Zoned, Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water, Zoned
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: www.FitzgeraldLoose.com

Property History for 505 Montgomery Lane

DateEvent & SourcePriceAppreciation
Jun 30, 2025

Closed

BRIGHT #PADE2089126

$2,625,000
May 20, 2025

Pending

BRIGHT #PADE2089126

May 20, 2025

Active Under Contract

BRIGHT #PADE2089126

Apr 26, 2025

Listed (Active)

BRIGHT #PADE2089126

$2,850,000
Jul 24, 2015

Closed

BRIGHT #1002596736

$1,550,000
Jul 10, 2015

Closed (Public Record)

Public Record #563673332

$1,550,000

+255.6% / yr

Jun 2, 2015

Pending

BRIGHT #1002596736

May 8, 2015

Withdrawn

BRIGHT #1007783708

$1,925,000
May 8, 2015

Listed (Active)

BRIGHT #1002596736

$1,695,000
Mar 12, 2015

Listed (Active)

BRIGHT #1007783708

$1,925,000
Jan 5, 2015

Withdrawn

BRIGHT #1007737334

$2,245,000
Dec 1, 2014

Withdrawn

BRIGHT #1007630228

$2,395,000
Dec 1, 2014

Listed (Active)

BRIGHT #1007737334

$2,245,000
Jun 13, 2014

Listed (Active)

BRIGHT #1007630228

$2,395,000
Apr 15, 2004

Closed (Public Record)

Public Record #288180018

$1

-85.5% / yr

Jun 13, 1997

Closed (Public Record)

Public Record #22446881

$540,000
Jun 9, 1997

Closed

BRIGHT #PADE311442

$540,000
Mar 15, 1997

Pending

BRIGHT #PADE311442

Mar 10, 1997

Listed (Active)

BRIGHT #PADE311442

$550,000
DateEvent & SourcePrice
06/30/2025

Closed

BRIGHT #PADE2089126

$2,625,000
05/20/2025

Pending

BRIGHT #PADE2089126

05/20/2025

Active Under Contract

BRIGHT #PADE2089126

04/26/2025

Listed (Active)

BRIGHT #PADE2089126

$2,850,000
07/24/2015

Closed

BRIGHT #1002596736

$1,550,000
07/10/2015

Closed (Public Record)

Public Record #563673332

$1,550,000

+255.6% / yr

06/02/2015

Pending

BRIGHT #1002596736

05/08/2015

Withdrawn

BRIGHT #1007783708

$1,925,000
05/08/2015

Listed (Active)

BRIGHT #1002596736

$1,695,000
03/12/2015

Listed (Active)

BRIGHT #1007783708

$1,925,000
01/05/2015

Withdrawn

BRIGHT #1007737334

$2,245,000
12/01/2014

Withdrawn

BRIGHT #1007630228

$2,395,000
12/01/2014

Listed (Active)

BRIGHT #1007737334

$2,245,000
06/13/2014

Listed (Active)

BRIGHT #1007630228

$2,395,000
04/15/2004

Closed (Public Record)

Public Record #288180018

$1

-85.5% / yr

06/13/1997

Closed (Public Record)

Public Record #22446881

$540,000
06/09/1997

Closed

BRIGHT #PADE311442

$540,000
03/15/1997

Pending

BRIGHT #PADE311442

03/10/1997

Listed (Active)

BRIGHT #PADE311442

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Montgomery Lane

Taxable ValueLand$283,460Additions$582,330Total$865,790
Tax Record2025$18,674 ($1,556 / month)
Home Facts
Beds6Baths4.5Total Finished SqFt6,496 SqFtAbove Grade Finished SqFt6,496 SqFtStories3Lot Size41,478 SqFtStyleSingle Family ResidenceYear Built1899CountyDELAWAREAPN36-02-01246-03Fireplace TypeHas Fireplace

Schools near 505 Montgomery Lane

This home is within Radnor Township School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Radnor El School
PublicK to 5

Radnor Middle School
Public6 to 8

Radnor Senior High School
Public9 to 12

Archbishop John Carroll High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.