505 Montgomery Ln, Wayne, PA 19087
Property image
Property image
OFF MARKET

$2,682,200

Trulia Estimate
  • 6 Beds
  • 5.5 Baths
  • 6,496 sqft (on 0.95 acres)

505 Montgomery Ln, Wayne, PA 19087

Saint Davids
Est. Refi. Payment $17,326/mo*
Refinance Your Home
Currently Off Market - Sold Jun 30, 2025 for $2,625,000

Home Value

Trulia Estimate
$2.68M
Since last month
Increased$7K (+0.3%)
Since last year
Increased$49K (+1.9%)
Since last sale
Increased$57K (+2.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +73% in the last 10 years
MonthEstimated value
2026
September 2026$2.68M
August 2026$2.67M
July 2026$2.67M
June 2026$2.71M
May 2026$2.73M
March 2026$2.69M
February 2026$2.69M
January 2026$2.71M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$3,675,000
06/05/26
7
5
7,300
0.31
Single-Family Home
$2,100,000
08/14/26
5
4.5
4,433
0.10
Single-Family Home
$1,700,000
03/09/26
7
7
7,916
0.14
Single-Family Home
$2,225,000
10/30/25
4
4.5
5,843
0.63
Single-Family Home
$1,905,000
12/05/25
6
4.5
5,285
0.71
Single-Family Home
$2,100,000
05/26/26
7
4.5
4,500
0.63
Single-Family Home
$1,625,000
03/04/26
6
5.5
4,165
0.47
Single-Family Home
$2,425,000
09/30/25
4
2.5
3,713
0.43
Single-Family Home
$1,375,000
10/30/25
5
3
3,615
0.62
Single-Family Home
$1,475,000
08/27/26
5
3.5
4,237

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$2,763,700
6
5
5,737
Off Market
0.09
$1,821,400
5
3.5
4,034
Off Market
0.10
$2,799,000
7
7
7,916
For Sale
0.15
$3,675,000
7
5
7,300
Recently Sold
0.13
$1,206,600
3
3
3,456
Off Market
0.14
$2,276,600
4
4.5
5,843
Off Market
0.22
$2,292,900
4
2.5
3,779
Off Market
0.23
$2,976,800
5
3.5
4,550
Off Market
0.24
$1,693,500
5
3.5
3,386
Off Market
0.26
$2,420,700
5
4
3,126
Off Market
0.25
$1,457,100
5
3
2,600
Off Market

Local Information

  • Map ViewExplore the area around 505 Montgomery Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1878
0.95 acre lot
6,496 sqft
$413/sqft
Garage

About this House

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!
505 Montgomery Ln, Wayne, PA 19087 is a 6 bedroom, 6 bathroom, 6,496 sqft single-family home in Saint Davids, built in 1878. It last sold for $2,625,000 on Jun 30, 2025 (8% below the $2,850,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,682,200, with a rent estimate of $8,899/month.
Last check for updates: 20 minutes ago
Listed by Sue Fitzgerald, (610) 209-9238
Compass RE
Listing Team: The Susan Fitzgerald Team
Bought with: Lavinia Smerconish, (610) 615-5400, Compass RE
Source: Bright MLS, MLS#PADE2089126

Home Details for 505 Montgomery Ln

Interior Features

Interior Details
Basement: Exterior Entry,WorkshopNumber of Rooms: 23Types of Rooms: Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Primary Bathroom, Bathroom 2, Bathroom 3, Basement, Bonus Room, Dining Room, Family Room, Foyer, Full Bath, Kitchen, Laundry, Living Room, Office, Storage Room, Sun Florida Room, Workshop
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 6496 Square Feet
Appliances & Utilities
Appliances: Gas Water HeaterLaundry: Laundry Room
Heating & Cooling
Heating: Hot Water,Zoned,Natural GasHas CoolingAir Conditioning: Zoned,Central Air,ElectricHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace
Levels, Entrance, & Accessibility
Stories: 3Levels: ThreeAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeExterior: Extensive Hardscape, LightingFoundation: StoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 4No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Storage,Garage Faces Front,Oversized,Detached,Driveway
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 6496 Square Feet

Property Information

Year Built
Year Built: 1878Year Renovated: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Traditional,Victorian
Building
Construction Materials: Brick, Fiber Cement, HardiPlank TypeNot a New Construction
Property Information
Condition: ExcellentNot Included in Sale: See Document UploadedIncluded in Sale: See Document UploadedParcel Number: 36020124603

Price & Status

Price
List Price: $2,850,000
Status Change & Dates
Off Market Date: Mon Jun 30 2025Possession Timing: Negotiable

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: WAYNECommunity: None Available
School Information
Elementary School District: Radnor TownshipJr High / Middle School: RadnorJr High / Middle School District: Radnor TownshipHigh School: RadnorHigh School District: Radnor Township

Building

Building Area
Building Area: 6496 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.95 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To Sell

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: PADE2089126Municipality: RADNOR TWPAbove Grade Unfinished Area: 6496

Price and Tax history

DateEventPrice
Jun 30, 2025
Source: Bright MLS #PADE2089126
Sold
$2,625,000
Jun 26, 2025
Source: Bright MLS #PADE2089126
Pending
$2,850,000
May 21, 2025
Source: Bright MLS #PADE2089126
Contingent
$2,850,000
May 10, 2025
Source: Bright MLS #PADE2089126
Listed For Sale
$2,850,000
Aug 4, 2015
Source: N/A
Sold
$1,550,000

Market trends in Wayne

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.01M
$173K
MoM
Sale-to-List Price
Price per sq ft
$395
$21
MoM
Available listings
49
1
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Saint Davids

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say neighbors are friendly

  • 100 % Say it's walkable to restaurants

  • 67 % Say kids play outside

  • 50 % Say it's walkable to grocery stores

  • 50 % Say streets are well-lit

  • 33 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc. Click here for more information

Frequently asked questions about 505 Montgomery Ln

  • What is 505 Montgomery Ln estimated to be worth?
    Trulia's estimated value for 505 Montgomery Ln in Wayne, PA is $2,682,200.
  • What is the price history for 505 Montgomery Ln?
    505 Montgomery Ln in Wayne, PA last sold for $2,625,000 in June 2025.
  • Is Wayne a buyer's or seller's market?
    Wayne is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Wayne?
    The median sale price in Wayne is $1.01M. That is up $173K from the prior month.
  • Does 505 Montgomery Ln have air conditioning?
    Yes, 505 Montgomery Ln in Wayne, PA has air conditioning.
  • Does 505 Montgomery Ln have laundry facilities?
    Yes, 505 Montgomery Ln in Wayne, PA has laundry facilities.

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