505 Montgomery Lane
WAYNE, PA 19087
- 6 beds
- 6 baths
- 6,496 sqft
- ~1 acre lot
- $438 per sqft
- 1899 build
Come visit us at the open house on Saturday 1-3 pm! Own a Piece of Main Line History – "Lainshaw". Step into a world where history and modern luxury are harmoniously blended. This stunning "Grand Dame Victorian" home, designed by the celebrated architect Frank Furness in 1878, offers a rare opportunity to own a piece of architectural heritage. Lainshaw was the childhood home of Col. Robert L. Montgomery, who co-founded the investment firm Janney Montgomery Scott and built Ardrossan. Originally built for his father, William W. Montgomery, this home, named "Lainshaw" after Montgomery's Scottish roots, presents a perfect balance of historical charm and contemporary elegance. Architectural Heritage: The home showcases Furness's signature craftsmanship with preserved features like intricate moldings, original stair railings, and nine exquisite fireplaces (five functional and four decorative). These historical elements are beautifully complemented by modern updates, including a gourmet kitchen with a spacious island and heated floors, redesigned office, and an open-concept family room that ensures seamless flow throughout the home. Other improvements include a new roof with copper gutters and downspouts, new insulation in the roof/ attic, repointed chimneys, low-maintenance Hardi-plank siding, new Pella windows throughout, a Lutron lighting automation system, and extensive professional landscaping and outdoor lighting enhancements. Elegant Design and Exceptional Features: Nine and ten-foot ceilings throughout invite an abundance of natural light through large windows, enhancing the home's spacious living areas. This six-bedroom residence features 5½ bathrooms, 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. Exquisite Indoor-Outdoor Living: Celebrate the outdoors on the expansive stone patio complete with a fireplace and hot tub, surrounded by lush, established gardens. A side brick patio provides an ideal space for year-round enjoyment with access from both the family room and dining room. Even the living room has easy outdoor access, with french doors opening to the uncovered portion of the side patio where you can enjoy gentle breezes. A Storied Legacy: Frank Furness, a luminary in architectural design, left his mark on Philadelphia with iconic structures like the Pennsylvania Academy of the Fine Arts, Merion Cricket Club and the University of Pennsylvania Library. This home stands as a testament to his celebrated career. Located in one of the most sought-after neighborhoods in north-side Saint Davids, walking distance to the commuter train and "Best of the Main Line" town of Wayne. Experience the perfect blend of history and modernity in this remarkable home. Schedule your private tour today to explore the grandeur and charm of "Lainshaw."
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Last updated May 10, 2025
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MLS# PADE2089126 —
The Building
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Year Built:1899
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick, Fiber Cement, HardiPlank Type
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Structure Type:Detached
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Architect Name:Frank Furness
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Architectural Style:Traditional, Victorian
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Historic:No
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Levels:3
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Outside Entrance, Workshop
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:6496
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:6496
Interior
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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
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Fireplace:Yes
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Fireplaces:2
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:6496
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Living Area SqFt:6,496 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable
Location
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Directions:Belrose Lane to Montgomery Lane
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Cross Street:Belrose
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Latitude:40.04914000
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Longitude:-75.36659000
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.95
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot Features:Level, Landscaping, No Thru Street
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Lot SqFt:41,382 Sqft
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Inclusions:See document uploaded
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Exclusions:see document uploaded
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R-10
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 209-9238
- Office phone:
- (610) 947-0408
Taxes
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Tax ID Number:36-02-01246-03
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Tax Year:2024
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Tax Lot:082-000
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Tax Annual Amount:$18,632
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Tax Assessed Value:$865,790
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Year Assessed:2025
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School Tax:13169.0
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County Tax:3353.00
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City/Town Tax:2109.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:6
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Upper Level Bedrooms:6
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Upper Level 1 Bedrooms:4
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Bedrooms Upper Level:2
Baths
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Total Baths:6
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Full Baths:5
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:5
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Upper Level Total Baths:5
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Upper Level Total Baths:3.00
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Upper Level 2 Total Baths:1.00
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Upper Level 3 Total Baths:1.00
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Upper Level Full Baths:3
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Upper Level 2 Full Baths:1
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Upper Level 3 Full Baths:1
Heating & Cooling
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Cooling Type:Zoned, Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water, Zoned
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Middle School:Radnor
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High School:RADNOR
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School District Name:Radnor Township
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Extensive Hardscape, Exterior Lighting
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
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Transportation:Commuter Rail Station 1 to 5 miles
Parking
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Total Garage and Parking Spaces:6
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Garage:Yes
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Garage Features:Additional Storage Area, Garage - Front Entry, Oversized
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Garage Spaces:2.00
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Type of Parking:Detached Garage, Driveway
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# of Detached Garage Spaces:2
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Driveway - # of Spaces:4
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$2,850,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$15,260
|
Taxes | $1,552 |
Insurance | $783 |
Utilities | $600 See report |
Total | $18,195/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/10/25
May 10, 2025
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Listed / Active | BRIGHT | $2,850,000 |