Listing provided courtesy of: Compass Pennsylvania, LLC.

505 Montgomery Lane

Wayne, PA 19087
$2,850,000
  • 6,496 SQFT
  • 6 BEDS
  • 6 BATHS
Status: New Listing
  • Est. Payment
    / mo

Step into a world where history and modern luxury are gracefully blended. This stunning Victorian-era home was designed by celebrated architect Frank Furness in 1878. "Lainshaw" was the childhood home of Robert L. Montgomery, who co-founded the investment firm Janney Montgomery Scott and built the Villanova estate, Ardrossan. Lainshaw was originally built on a 35-acre property 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 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, a redesigned office with custom cabinetry, 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, extensive professional landscaping and outdoor lighting enhancements.

Elegant Design and Exceptional Features: Nine and ten-foot ceilings throughout invite an unexpected but welcome abundance of natural light through large windows, enhancing the home's spacious living areas. This six-bedroom residence features five full bathrooms and one powder room, 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, and 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. Lainshaw stands as a testament to his celebrated career.

Located in one of the most sought-after neighborhoods in north-side St Davids, within 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, and own a piece of Main Line history!

Listing provided courtesy of: Compass Pennsylvania, LLC.

PROPERTY DETAILS

  • Price $2,850,000
  • Price / Sq Ft $439
  • Beds 6
  • Baths 6
  • Bldg/Unit Size (Sq Ft) 6,496
  • Land/Lot Size (Sq Ft) 41,382
  • Property Type Residential
  • Floors / Stories 3
  • Year Built 1878
  • MLS Number PADE2089126
  • Days on Market 1

TAXES & HOA

  • Annual Taxes (USD) $18,632
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: 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 assumes 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. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/11/2025 00:10:28

bright_mls
{"_id":{"$oid":"649da89134af820e8b03e17b"},"id":"B3315020","cell_phone":"","date_created":{"$date":{"$numberLong":"1695767637506"}},"first_name":"Morgan","full_name":"Morgan Sampson","is_custom_agent":true,"last_name":"Sampson","last_updated":{"$date":{"$numberLong":"1695767637506"}},"middle_name":"","mls":"bright_mls","office_id":"BKELWLMML","phone":"610.520.0100","post_id":22208,"site_id":"649c010c34af820e8be13279","slug":"morgan-sampson","slug2":"morgan-sampson","sites":["649c010c34af820e8be13279"],"association_id":null,"date_modified":{"$date":{"$numberLong":"1746948737000"}},"designation":null,"email":"[email protected]","internal_id":"3315020","languages":null,"last_seen_in_mls":{"$date":{"$numberLong":"1746953808000"}},"license_number":"","phone_ext":null,"preferred_phone":null,"description":"","image":"https:\/\/mainlinemccann.com\/app\/uploads\/sites\/mainlinemccann\/2023\/06\/Morgan-Sampson-final.jpg","background_image":false,"title_over_background_image":"","description_over_background_image":"","agent_multiple_mls_association":false,"license_prefix":"","fax":"","about_text":"Morgan believes that instead of focusing on the product, we should invest in the experience. A new home is more than just a big purchase, but is a new beginning and the start of a new chapter in one\u2019s life. Whether you want to buy, sell, or rent\u2014he will help make your homeownership dreams come true. Morgan believes that the process of buying or selling should be just as enjoyable and painless as the bright future to accompanies it. Providing the absolute finest service, dedication, and expertise possible to his clients, he does the heavy lifting so you can sit back and enjoy the ride.\nWorking in the hospitality industry for the past decade, Morgan has learned and deployed the skills necessary to create an exciting experience for all of his clients. He understands the importance of listening and catering to the needs of every individual, as no one is the same. The personal connections he makes throughout every experience are what make people feel heard, and putting his clients\u2019 personal preferences at the top of his priority list has led him to be so dependable and the trusting environment he creates makes him stand out from the rest.\n","custom_html":"","title":"","area_of_expertise":"REALTOR\u00ae","team":false,"office_cpt":false,"office_address":"","awards":false,"languages_spoken":[],"facebook":"https:\/\/www.facebook.com\/ms19027","twitter":"","instagram":"https:\/\/www.instagram.com\/morgan.sampson_realtor\/","pinterest":"","google_plus":"","linkedin":"","youtube":"","zillow":"https:\/\/www.zillow.com\/profile\/morgansampsonrealtor\/","yelp":"","realtor":"","region_heading":"My Regions Of Expertise","region_description":"","agent_regions":false,"neighborhoods_heading":"My Neighborhoods Of Expertise","neighborhoods_description":"","agent_neighborhoods":false,"hide_properties_section":false,"agent_properties_section_heading":"Featured Listings","agent_properties_section_description":"","use_default_settings_for_agent_listings":true,"disable_search_with_me":false,"disable_listings_slider":false,"featured_listings_short_code":"","testimonial_section_title":"What My Clients Say","testimonial_section_description":"","testimonials_data_source":"testimonials-cpt","enable_agent_press_section":false,"agent_primary_menu_id":"","agent_footer_menu_id":"","agent_custom_logo":false,"scripts":{"header_scripts":""}}