RateMyAgentGo to search
Back 505 Montgomery Lane
Off Market

505 Montgomery Lane

Wayne PA 19087

6
6
6
6496 sq. ft.
41382 sq. ft.
Single-Family
Last sold for $2,625,000
Susan FitzgeraldSusan Fitzgerald, last sold this property on 30 June 2025 after 51 days on market.

Overview

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!

Features

6 bedrooms
6 bathrooms
6 carspaces
2 garage spaces
6496 sq. ft. floor area
41382 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 6 bedroom single-family properties sold in Wayne over the last 12 months, the estimated median property value of 505 Montgomery Lane is $2.2m.

Median value
$2.2m
Estimated value range
$1.4m - $4m
Median days on market
7
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wayne. 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 505 Montgomery Lane

2025
Sold
$2,625,000
30 Jun 2025 by Susan Fitzgerald, of Compass

Happy sellers in Wayne

100%
100% of sellers in Wayne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 4 reviews in Wayne over the last 12 months.

Local market activity for 6 bedroom single-family properties in Wayne

In the last 12 months, 15 six-bedroom single-family properties similar to 505 Montgomery Lane, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wayne

placeholder
Lavinia Smerconish

Lavinia Smerconish is a recommended agent for Wayne.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Wayne
  •  6 Sales in Wayne
View profile
placeholder
Nicholas Vandekar

Sellers who recommend Nicholas Vandekar have praised them for being responsive, local expert, clear communication, reliable, supportive, well-prepared, and patient

  •   5   (26 reviews)
  •  1 Review in Wayne
  •  1 Sale in Wayne
View profile
placeholder
ENKELEJDA PISHKASHI

ENKELEJDA PISHKASHI is an award winning recommended agent for Wayne.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (19 reviews)
  •  1 Review in Wayne
  •  1 Sale in Wayne
View profile
placeholder
Robert Loftis

Robert Loftis is a recommended agent for Wayne.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Wayne
  •  1 Sale in Wayne
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap