452 S ROBERTS RD $17,500,000

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    452 S ROBERTS RD BRYN MAWR, PA 19010

    • 43.50 Acres
    • Land
    • MLS# PADE2008094
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    Views: 176 Days On Site: 44

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    Property Details

    Description Tours

    This beautiful, 43.5-acre property at 452 South Roberts Road is now for sale just nine miles west of Philadelphia in Bryn Mawr, Pennsylvania. If your clients are looking for a site to expand or establish facilities this is a unique opportunity to do so. Villanova University, Bryn Mawr College, Rosemont College, and Bryn Mawr Hospital are all located within two miles of the property, while the zip code had the fifth-highest home prices in Pennsylvania in 2020. The average household income in the area is $105,000. The Radnor school district ranked among the top ten in the state. The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right. By special exception, a home for children/elderly/handicapped/indigent, a medical or health center, convalescent home, or nursing home is permitted. As an accessory use, playing fields or recreational facilities, dormitories, and other student or faculty dwellings are permitted. Single or multifamily residential use would require a rezoning. Surrounding neighborhoods are zoned R1, R1A, and R2 which include one acre, 30,000 sf, and 20,000 sf lots respectively. Preliminary drawings show that 33 or 32 lots could be placed on the property are included in the MLS documents. The asking price of $17.5M is for a transaction involving a reasonable (+/-60 day) due diligence and a +/- 30 day period until closing with no approval contingencies. The owner is also willing to consider transactions that involve approval contingencies. If you are interested in such a transaction then the price and deposits should recognize the fact that the owner will be required to bear carrying costs, loss of interest, and the risk of approvals, amongst other things. Access to the Septa Norristown High-Speed line (Roberts Road Station) is one mile away, Septa Regional Rail line (Bryn Mawr Station) and I-476 (the Blue Route) are within two miles and Amtrak (Ardmore Station) is three miles away. Ten buildings on the property (previously the Presbyterian Children's Village) include the Glencoe Estate Mansion built 1907 (Robinson Hall with administrative offices), the Youth Cultural Center (classrooms, gym, cafeteria, religious center, offices, and maintenance area), the carriage house (residence apartments, offices, and maintenance area), six cottages (dormitories) and caretaker's home. Playing fields are located on the northwest side of the property. Please do not enter the property unescorted for any reason. There are cameras on site. Contact the listing agent via email to arrange for a tour with the listing agent and owner's representative. We are now requesting final and best offers from all interested parties in the form of a written LOI by January 12, 2022. Please review the letter of intent guidance information in the MLS documents section. The current owner is a tax-exempt organization so no real estate taxes are shown. All information provided is from sources deemed reliable but no warranty or representations are made as to the accuracy of this information. This information is subject to errors, omissions, later changes, prior sale, leasing, financing or withdrawal without notice, etc. No liability of any kind is to be imposed against the Broker herein.

    • General Features
      • Condo Coop Association Y/N N
      • County DELAWARE
      • HOA Y/N N
      • Municipality RADNOR TWP
      • Sale Type Standard
      • Tax Annual Amount 0.00
      • Tax Year 2021
      • Utilities Electric Available,Natural Gas Available,Phone,Sewer Available,Under Ground
      • Water Access Y/N N
      • Waterfront Y/N N
      • Zoning PLANNED INSTITUTIONAL
      • Zoning Dscrp The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right.
    • Building Features
      • Garage Y/N N
      • Sewer Septic Public Sewer
    • Property Features
      • Lot Features Cleared, Open
      • Lot Size Acres 43.5
      • Lot Size Dimensions 0.00 x 0.00
    • Schools
      • High School RADNOR
      • Middle Or Junior School RADNOR M
      • School District RADNOR TOWNSHIP

    Contact

    Letitia Stevenson

    Letitia Stevenson

    Listing Agent-DE PA & MD Success Coach

    BHHS Fox & Roach Greenville Home Marketing Center

    Direct: 302-426-4426
    • Home Buyers Warranty
    • HSA Home Warranty

    Neighborhood

    Market Last 30 Days In This Postal Code

    $658,500 Median Sales Price
    36 Homes Sold
    19 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $17,500,000
        10/21/2021 9:14:00 PM New in Database Source: Multiple Listing Service New Value: $17,500,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2021 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.