Located along Goshen Rd, just east of Willistown on the edge of Newtown Township lie the homes of two secluded but convenient communities of Springhouse and Echo Valley.
The exclusive Springhouse community is one of the newest developments in Newtown Square consisting of only 17 homesites. Built by Chip Vaughan and Mike Mirarchi, these homes define luxury in the area. Designed by architect Ann Capron with floor plans ranging from 5000 to over 8000 square feet and lots from just under an acre and up, they allow for an array of beautiful amenities to satisfy many tastes within this award winning community.
Most of the homes were constructed between 2003 and 2005 with prices when new in the $1,750,000+ range with many variations depending on design, size, and amenities. Today, two of the properties are on the market with an average list price of just over $2.45 million. Both properties are larger designs with 5 bedrooms and 5 plus baths in about 8000 sq-ft.
Across Goshen Rd lies the older community of Echo Valley. During the late fifties and sixties, new development progressed throughout the area as growth extended through communities such as Lawrence Park in Marple township and traveled west through Newtown Square to St Albans and Echo Valley. Situated on the site of Echo Valley Farm founded in 1719, this development was started in 1957 and the homes are mostly situated on large private 1+ acre lots hidden just north of Goshen Rd. The community contains a large array of styles and designs as homes were built through much of the late fifties, sixties, and into the seventies.
This is one of the more established areas and the prices reflect this. The tax records show 166 homes in the development, but only a handful become available each year. With the wide range of sizes and styles, since 2006 prices have ranged from $499,00 to over $1,000,000. The bulk of the sales have been in the high $500,000 to low $600,000 range. In 2008, there were 7 sales with prices averaging $608,000. Today, there is only one property available listed for $1,100,000 and there have been no settled sales in 2009.
If you are looking for privacy and convenience in a great area with a wide range of styles and pricing, it is well worth the time to take a look at these two communities. There are rarely a wide variety of homes on the market at any given time but with patience you can often find the amenities you may be looking for.
As always, if you have any questions or need any additional information, please feel free to contact me anytime.
(All statistics are from the TrendMLS system and believed accurate but not guaranteed)