Back 501 Penn Street
Off Market

501 Penn Street

Newtown PA 18940

3
2
4
1927 sq. ft.
8300 sq. ft.
Single-Family
Last sold for $730,000
Beth ScarpelloBeth Scarpello, last sold this property on 24 July 2026 after 28 days on market.

Overview

Newtown Borough Classic! Welcome to this charming and timeless Cape Cod nestled in one of the most desirable locations in Newtown Borough. Offering 3 bedrooms, 2 full baths, a main-floor primary bedroom, finished basement, sunroom addition, fenced yard, Central Vac and a 2-car garage, this home perfectly blends classic character with comfortable everyday living. If living in the Borough has always been your dream, this delightful home offers the quintessential Newtown lifestyle you've been waiting for. Enjoy the charm of a welcoming community where shops, restaurants, parks, and local events are just moments away. The home's appeal begins with a lovely covered front porch—an inviting place to relax with your morning coffee, greet neighbors, or simply enjoy the peaceful ambiance that makes Newtown Borough so special. Step inside to a spacious living room featuring a large picture window overlooking the front porch and a cozy gas fireplace, creating the perfect setting for gathering with family and friends throughout the seasons. The generously sized kitchen offers abundant counter space, ample cabinetry, and a spacious breakfast area with access to the rear porch, making everyday living and entertaining a pleasure. For more formal occasions, the elegant dining room is sure to impress. Featuring beautiful hardwood floors and original built-in cabinetry, this inviting space provides the perfect backdrop for holiday dinners and memorable celebrations. A standout feature of the home is the expansive sunroom addition. Bathed in natural light from walls of windows, this versatile space offers picturesque views of the backyard and direct access to the patio, creating a seamless connection between indoor and outdoor living. The main-level primary bedroom and full bath provide the convenience and comfort of first-floor living, while the second floor offers two additional bedrooms and another full bath, providing plenty of space for family, guests, or a home office. The finished basement adds even more living space and is ideal for entertaining, recreation, hobbies, or game nights. This level also includes a laundry area and direct access to the garage. Additional highlights include: Newer Roof (2020) • Whole-House Generator • Lawn Irrigation System • Gas Fireplace •Central Air • Updated Water Heater • Finished Basement • Fenced Yard • Patio • Covered Front Porch • 2-Car Garage Rarely does a home become available that offers such a wonderful combination of charm, functionality, and location. Whether you're enjoying an evening stroll through the Borough, dining at one of Newtown's favorite restaurants, or relaxing on the welcoming front porch, you'll quickly understand why so many people dream of calling Newtown Borough home.

Features

3 bedrooms
2 bathrooms
4 carspaces
2 garage spaces
1927 sq. ft. floor area
8300 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Newtown over the last 12 months, the estimated median property value of 501 Penn Street is $659k.

Median value
$659k
Estimated value range
$420k - $1.26m
Median days on market
7
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 501 Penn Street

2026
Sold
$730,000
24 Jul 2026 by Beth Scarpello, of BHHS Fox & Roach-Doylestown

Happy sellers in Newtown

94%
94% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

Newtown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Newtown over the last 12 months.

Local market activity for 3 bedroom single-family properties in Newtown

In the last 12 months, 24 three-bedroom single-family properties similar to 501 Penn Street, have been sold.

This represents a 28% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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