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505 Montgomery Lane

WAYNE, PA 19087

6 beds
6 baths
6,496 sqft
~1 acre lot
$404 per sqft
1878 build

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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 courtesy of BRIGHT / Compass Pennsylvania, LLC

Last checked: Checking… • Last updated Jun 30, 2025 •

MLS# PADE2089126 —

The Building

Year Built:

1878
Year Built Source:

Estimated
Year Major Reno/Remodel:

2020
New Construction:

No
Construction Materials:

Brick, Fiber Cement, HardiPlank Type
Structure Type:

Detached
Architect Name:

Frank Furness
Historic:

No
Architectural Style:

Traditional, Victorian
Levels:

3
Accessibility Features:

None
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Outside Entrance, Workshop
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

6496
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

6496

Interior

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
Fireplace:

Yes
Fireplaces:

2
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

6496
Living Area SqFt:

6,496 Sqft

Financial & Terms

Sale Type:

Standard
Buyer Financing:

Conventional
Possession:

Negotiable

Location

Directions:

Belrose Lane to Montgomery Lane
Cross Street:

Belrose
Latitude:

40.04914000
Longitude:

-75.36659000

The Property

Property Type:

Residential
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.95
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot Features:

Level, Landscaping, No Thru Street
Lot SqFt:

41,382 Sqft
Inclusions:

See document uploaded
Exclusions:

see document uploaded
Zoning:

RESIDENTIAL
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R-10
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

36-02-01246-03
Tax Year:

2024
Tax Lot:

082-000
Tax Annual Amount:

$18,632
Tax Assessed Value:

$865,790
Year Assessed:

2025
School Tax:

13169.0
County Tax:

3353.00
City/Town Tax:

2109.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

6
Upper Level Bedrooms:

6
Upper Level 1 Bedrooms:

4
Bedrooms Upper Level:

2

Baths

Total Baths:

6
Full Baths:

5
Half Baths:

1
Main Level Baths:

1.00
Main Level Half Baths:

1
Upper Level Full Baths:

5
Upper Level Total Baths:

5
Upper Level Total Baths:

3.00
Upper Level 2 Total Baths:

1.00
Upper Level 3 Total Baths:

1.00
Upper Level Full Baths:

3
Upper Level 2 Full Baths:

1
Upper Level 3 Full Baths:

1

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Zoned, Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Hot Water, Zoned
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

Middle School:

Radnor
High School:

RADNOR
School District Name:

Radnor Township
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Senior Community:

No
Exterior Features:

Extensive Hardscape, Exterior Lighting
Pool:

No Pool
HOA:

No
Condo/Coop Association:

No
Transportation:

Commuter Rail Station 1 to 5 miles

Parking

Total Garage and Parking Spaces:

6
Garage:

Yes
Garage Features:

Additional Storage Area, Garage - Front Entry, Oversized
Garage Spaces:

2.00
Type of Parking:

Detached Garage, Driveway
# of Detached Garage Spaces:

2
Driveway - # of Spaces:

4

Extra Units

Vacation Rental:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$600/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
6/30/25 Jun 30, 2025	Sold	BRIGHT	$2,625,000	-7.9%
6/26/25 Jun 26, 2025	Pending	BRIGHT	$2,850,000
5/21/25 May 21, 2025	Sold Subject To Contingencies	BRIGHT	$2,850,000

House Sold on 6/30/2025

$2,625,000

Listing provided by broker:

Susan W Fitzgerald

Compass Pennsylvania, LLC

marianne.dillon@compass.com

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Listing Courtesy of: BRIGHT and Compass Pennsylvania, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.

505 Montgomery Lane

WAYNE, PA 19087