CEO's Estate on the Philadelphia Main Line. Main Residence and Cottage. Stunning Views. Adjoins Hundreds of Acres of Conservation Land. Private Road Access. Call 610-347-1000 or email info@HunterReed.com
4. HUNTER,REED AND COMPANY
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L O C A T I O N Philadelphia Main Line
Malvern, Willistown Township
Chester County, PA
Radnor Hunt Club Area
This Property is located on the Philadelphia Main
Line in Malvern, Chester County, PA.
Specifically, the Property is located off a Private Road,
on a hilltop meadow in the area which surrounds the
Radnor Hunt Club, the White Manor Golf Club, and
the charming historic village of ‘White Horse’ at the
intersection of Goshen and Providence Roads,
in Willistown Township.
Within the Philadelphia Region, this is an extremely
affluent, valuable, and highly-sought-after area,
which is well-known for its estates, horse farms, and
incredibly beautiful scenery.
The area is a pioneer and a nationally recognized
leader in the use of land conservation easements, and
there are literally hundreds of acres of permanently
protected open land surrounding this Property.
5. HUNTER,REED AND COMPANY
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L O C A L A R E A The area is home to a number of high-profile executives, professional athletes, and
celebrities … film director M. Knight Shamalyan’s sprawling estate is visible from
the back Terrace of this Residence, and pro athletes Roy Halladay, Ryan Madson,
and Cole Hamels have homes nearby.
This very peaceful area offers the quintissential and much sought-after ‘Town and
Country’ lifestyle … people here are known to be friendly, genteel, accomplished,
low-key, and there is an active community of equestrians and artists.
People here have a deep appreciation for both the incredibly beautiful natural
scenery and the charming history of this place … this appreciation has taken active
form in the commitment on the part of many here to conserve and permanently
protect the area’s natural and historic resources for future generations to cherish
and enjoy.
The Radnor Hunt area also has a very strong appeal to high net worth individuals
for its close proximity to the infrastructure and cultural resources of Philadelphia
… from here, it is only about a 20-minute drive to International Airport, about 25
minutes to the Stadium complex, and about 40 minutes to Center City.
Within a 10-15 minute drive, there is a vast array of shops ; restaurants ; movie
theatres ; grocery stores (including Whole Foods and Wegmans) ; national, state,
and local parks (including the sprawling Valley Forge National Historic Park);
numerous golf courses and country clubs ; hospitals ; a number of colleges ; a
selection of numerous private and public schools (the new EA Campus is about a
5-minute drive) ; and several corporate centres (Radnor, Great Valley, Chesterbrook,
Newtown Square).
16. HUNTER,REED AND COMPANY
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There are several protective Easement Agreements on the adjoining and surrounding lands, which assure
that the incredibly beautiful setting and views from the Property are protected forever.
The View Easement and the Conservation Easement in particular are extremely valuable -- these are
recorded covenants which run with the surrounding land in perpetuity. There are no Conservation
Easements or View Easements on the Property itself.
V I E W E A S E M E N T
This Property (identified as ‘Lot 2’) is protected by a View Easement, which has been placed on Lots 1A
and 1B on a ‘Plan of Minor Subdivision Lot Line Change Plan’. This Plan was prepared by Chester Valley
Engineers, and is recorded in Chester County as Plan 19129, last revised Aug 12, 2011.
Lot 1A totals 4.60± acres, contains a single residence of approximately 7100±, and adjoins the Subject
Property along the “southwestern” boundary. Lot 1B totals 4.10± acres of open land, and adjoin the Subject
Property along the “southeastern” boundary. These two adjoining lots -- 1A and 1B -- together comprise the
area shown on the Plan as the ‘View Easement Area’.
The View Easement grants to the owners of the Subject Property (‘Lot 2’) the “full and free right to an
unobstructed view … over and across … the View Easement Area … no building, structure, objects, fences,
shrubbery, trees, or any other improvement or vegetation may be placed in the View Easement Area …
except fences which are of an open structure, not to exceed 4’ in height, and aesthetically in keeping with the
rural character of the Property … “ (excerpted)
For copies of both the Lot Line Change Plan No 19129 and the View Easement document referenced above,
please contact Agent.
17. HUNTER,REED AND COMPANY
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C O N S E R VA T I O N E A S E M E N T
This Property is also protected by perpetual conservation easements which have been placed on the
meadows along the Private Road. The easement document is identified as the ‘Grant Of Easement And
Declaration Of Restrictive Covenants’, recorded in Chester County on December 30, 2002. The Document
ID number is 10167803, and it is found in Deed Book B-5512 Page P-975.
The conservation easement is placed on Lots 5, 6, and 9 (tax parcel IDs 07-0015.06, 07-0015.07, and 07-0015.08
respectively). These three parcels form the ‘Conservation Easement Area’.
‘Lot 5’ forms the open meadow to the “west” of the Private Road at the stone bridge.
‘Lot 6’ and ‘Lot 9’ adjoin each other, and are located along the “north” side of the Private Road. These two
adjoining parcels together form the open meadow in this area.
Within the ‘Conservation Easement Area’, the Easement seeks to preserve the natural features of the land,
and to prohibit uses, activities and improvements which are not consistent with this intent.
For example, the Easement prohibits the construction of any “building, structure or improvement” in the
‘Conservation Easement Area’ -- subject to permitted exceptions which include, for example, a Stable of
up to four (4) stalls and a maximum footprint of 2000 SF ; a three-sided Run-in Shed of up to a maximum
footprint of 400 SF ; post and rail fencing up to a maximum of 4’ ; and an access driveway and utilities to
serve these permitted structures.
The Easement provides that the ‘Conservation Easement Area’ may be subdivided and conveyed, provided
that the original intent of the Easement is not violated, and subject to a review and approval process
described in the Easement.
For a copy of the ‘Grant Of Easement And Declaration Of Restrictive Covenants’, please contact Agent.
18. HUNTER,REED AND COMPANY
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P R I VA T E R O A D M A I N T E N A N C E A G R E E M E N T
This Property enjoys protected access on a Private Road,
which also serves four (4) neighboring properties. There is a
‘Private Road Maintenance Agreement’ with the neighboring
Landowners which provides for maintenance of the Private
Road.
Annual maintenance costs are shared equally by each of
the four Landowners. The private road was repaved in late
2011: ongoing annual maintenance costs are nominal.
For a copy of the ‘Private Road Maintenance Agreement’,
please contact Agent.
19. HUNTER,REED AND COMPANY
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C O M M O N D R I V E W AY E A S E M E N T A G R E E M E N T
This Property is served by a Common Driveway, which also
serves two (2) neighboring properties. There is a ‘Driveway
Easement Agreement’ with neighboring Landowners which
provides for maintenance of the Common Driveway. Annual
maintenance costs are shared equally by each of the three
Landowners.
For a copy of the ‘Common Driveway Easement Agreement’,
please contact Agent.
20. HUNTER,REED AND COMPANY
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L O C A T I O N Private Road
Radnor Hunt Club Area
Willistown Township
Malvern, Chester County, PA 19355
T A X P A R C E L 07–0015.1100
A C R E A G E 4.80 ± Acres
T A X E S $12,475 (2012 tax year)
C O V E N A N T S View Easement on adjoining land
Conservation Easement on Meadows
Private Road Agreement
Common Driveway Agreement
U T I L I T I E S Underground PECO Electric
Underground Verizon Phone
Underground Broadband Cable
S Y S T E M S On-Site Septic System
On-Site Water Well
Oil-fired Hot Air Heat & 2FL Electric Baseboard
Oil-fired Domestic Hot Water
Propane HVAC and HW for Garage Apartment
21. HUNTER,REED AND COMPANY
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C O N S T R U C T I O N Concrete Block Foundation
Stucco and Brick Exterior
Brick Chimneys
Cedar Shake Roof
Cypress and Inlaid Walnut Interior Floors
Oak Interior Millwork and Wainscot
Exposed Interior Beams, Brick and Stone Walls
I N T E R I O R S F Main House: 5,151 approx.
Garage & Guest Apartment: 963 approx.
F L O O R P L A N 1FL Master Bedroom Suite
1FL AuPair/In-Law Suite with Separate Entrance
2 additional Bedrooms with Jack & Jill bath, 2FL
Sunken Great Room w Vaulted Ceiling & Wainscot
Sunken Living Room w Fireplace & Coffered Ceiling
Dining Room with Adjoining Sunroom.
Center-island Eat-in Kitchen w Adjoining Sunroom.
Mud Room with 2 Outside Entrances and Laundry
Covered Breezeway to Garage and Motor Court
22. HUNTER,REED AND COMPANY
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F I R E P L A C E S 3 Woodburning fireplaces:
Entry Hall, Great Rm, Kitchen, Living Rm
G A R A G E Oversize 3-car Garage
G U E S T A P A R T M E N T Located over Garage
Interior Stairway
Full Kitchen, LR, 1BR, BA, Deck
G R O U N D S Private Road Access
Circular Driveway
Motor Court
Lawns, level to gently sloping
Shade Trees and Evergreens
Specimen Plantings
Post and Rail Fencing (partial)
Spectacular Protected Views
23. HUNTER,REED AND COMPANY
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M A J O R P O I N T S P H I L A D E L P H I A
PHL International Airport 20-25 mins
Stadium Complex 25-30 mins
Center City 35-40 mins
O T H E R P O I N T S
Aronomink Golf Club 5 mins
Episcopal Academy 5 mins
PA 3 West Chester Pike 5 mins
PA 252 Newtown Street Rd 5 mins
Septa R5 commuter rail 10 mins
US 30 Lancaster Ave 10 mins
US 202 10 mins
King of Prussia Mall 15 mins
I-476 ‘Blue Route’ 15 mins
PA Turnpike Valley Forge 15 mins
Radnor Corporate Center 15 mins
Valley Forge National Park 15 mins
24. HUNTER,REED AND COMPANY
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Pennsylvania Consumer Notice and Real Estate Agency Disclosure
Pennsylvania law requires that consumers be provided with a copy of this notice.
Hunter, Reed and Company Inc. is a licensed Real Estate Broker in multiple states including Pennsylvania, and a member
of the National Association of Realtors (NAR). In Pennsylvania, Hunter, Reed and Company Inc is a member of the
Pennsylvania Association of Realtors (PAR), the Suburban West Realtors Association (SWRA), and the TREND® MLS
network. Hunter, Reed and Company Inc. represents the Owner (Seller) of this Property as an Exclusive Agent. Please see
the ‘Seller Agency’ section below for more information.
Pennsylvania law requires real estate Brokers and Salespersons (licensees) to advise consumers who are seeking to sell or
purchase residential real estate of the business relationships permitted by the Real Estate Licensing and Registration Act.
This notice must be provided to the consumer at the first contact where substantive discussion about real estate occurs
unless an oral disclosure has been previously provided. If the oral disclosure was provided, this notice must be provided at
the first meeting or the first time a property is shown to the consumer by the Broker or Salesperson.
Before you disclose any information to a licensee, be advised that unless you select an agency relationship the licensee
is not representing you. A business relationship of any kind will not be presumed, but must be established between
consumer and licensee.
A licensee who provides you with real estate services owes you the following duties :
■ Exercise reasonable professional skill and care which meets the practice standards required by the Act.
■ Deal honestly and in good faith.
■ Present, in a reasonably practicable period of time, all offers, counteroffers, notices and other types of communications
to and from the principal parties in writing. The licensee’s duty to present written offers and counteroffers may be
waived provided that the waiver is in writing.
■ Comply with the Pennsylvania Real Estate Seller Disclosure Act.
■ Account for Escrow and Deposit funds
■ Disclose all conflicts of interest in a reasonably practicable period of time.
■ Provide assistance with document preparation and advise the consumer regarding compliance with laws pertaining
to real estate transactions.
■ Advise the consumer to seek expert advice on matters about the transaction that are beyond the scope of the licensee’s
expertise.
■ Keep the consumer informed about the transaction and tasks to be completed.
■ Disclose financial interest in a service such as financial, title transfer & preparation services, insurance, construction,
repair, or inspection, at the time service is recommended or the first time the licensee learnsthat the service will be used.
25. HUNTER,REED AND COMPANY
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A Licensee may have the following business relationships with the consumer :
Seller Agency
Seller Agency is a relationship in which the Licensee, upon entering into a written agreement, works only for the
Seller. Sellers’ Agents owe the additional duties of :
► Loyalty to the Seller by acting in Seller’s best interests.
► Confidentiality, except that a Licensee has a duty to reveal known material defects about a property.
► Making a continuous and good faith effort to find a buyer for the property, except while the property is subject to an
existing agreement.
► Disclosure to other parties in the transaction that the Licensee has been engaged as a Sellers’ Agent.
A Seller’s Agent may compensate other brokers as subagents if the Seller agrees in writing. Subagents have the same
duties and obligations as the Sellers’ Agent. Sellers’ Agents may also compensate Buyers’ Agents and Transaction
Licensees who do not have the same duties and obligations as Sellers’ Agents. If you enter into a written agreement,
the Licensees in the real estate company owe you the additional duties described above under Seller Agency. The
exception is designated agency. See the designated agency section in this notice for details.
Buyer Agency
Buyer Agency is a relationship in which the Licensee, upon entering into a written agreement, works only for the
Buyer. Buyer’s Agents owe the additional duties of :
► Loyalty to the Buyer or Tenant by acting in Buyer’s best interest.
► Confidentiality, except that a Licensee is required to disclose known material defects about the property.
► Making a continuous and good faith effort to find a property for the Buyer, except while the Buyer is subject to an
existing contract.
► Disclosure to other parties in the transaction that licensee has been engaged as a Buyer’s Agent.
A Buyers’ Agent may be paid fees, which may include a percentage of the purchase price, and even if paid by the
Seller, will represent the interests of the Buyer. If you enter into a written agreement, the Licensees in the real estate
company owe you the duties described above under Buyer Agency. The only exception is designated agency. See the
designated agency section of this notice for more information.
26. HUNTER,REED AND COMPANY
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Dual Agency
Dual Agency is a relationship in which the Licensee acts as the agent for both the Seller and the Buyer in the same
transaction with the written consent of all parties. Dual Agents owe these additional duties :
► Taking no action that is adverse or detrimental to either party’s interest in the transaction.
► Unless otherwise agreed to in writing, making a continuous and good faith effort to find a Buyer for the property
and a property for the Buyer, unless either is subject to an existing contract.
► Confidentiality, except that a Licensee is required to disclose known material defects about the property.
Designated Agency
In Designated Agency, the employing broker may, with your consent, designate one or more licensees from the real
estate company to represent you. Other licensees in the same company may represent another party and shall not
be provided with any confidential information. The Designated Agent shall have the duties as listed above under
‘Seller Agency’ and ‘Buyer Agency’. In Designated Agency, the employing broker will be a Dual Agent and have the
additional duties of :
► Taking reasonable care to protect any confidential information disclosed to the Licensee.
► Taking responsibility to direct and supervise the business activities of the Licensees who represent the Seller
and the Buyer, while taking no action that is adverse or detrimental to either party’s interest in the transaction.
The designation may take place at the time the parties enter into a written agreement, but may occur at a later time.
Regardless of when the designation takes place, the employing broker is responsible for ensuring that any confidential
information is not disclosed.
27. HUNTER,REED AND COMPANY
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Transaction Licensee
A Transaction Licensee is a broker or salesperson who provides communication or document preparation services or
performs other acts for which a license is required, WITHOUT being the agent or advocate for either the Seller or the
Buyer. Upon signing a written agreement or disclosure statement, a Transaction Licensee has the additional duty of
limited confidentiality in that the following information may not be disclosed :
► The Seller will accept a price less than the asking or listed price.
► The Buyer will pay a price greater than the price submitted in a written offer.
► The Seller, or the Buyer, will agree to financing terms other than those offered.
Other information deemed confidential by the consumer shall not be provided to the Transaction Licensee.
Other Information About Real Estate Transactions
The following are negotiable and shall be addressed in an agreement or disclosure statement with the licensee :
► The duration of the employment, listing agreement, or contract.
► The fees or commissions.
► The scope of the activities or practices.
► The broker’s cooperation with other brokers, including the sharing of fees.
Any Agreement of Sale must contain the zoning classification of a property, except in cases where the property is
zoned solely or primarily to permit single family dwellings.
A Real Estate Recovery Fund exists to reimburse any person who has obtained a final civil judgement against a
Pennsylvania real estate licensee owing to misrepresentation, fraud or deceit in a real estate transaction and who has
been unable to collect the judgement after exhausting all legal and equitable remedies. For complete details about the
Real Estate Recovery Fund, call 717-783-3658.
For a printable electronic version of this Consumer Notice from our website, please go to :
http://www.HunterReed.com/ConsumerNotice.html
28. HUNTER,REED AND COMPANY
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Thank you for your interest in this Offering.
If you would like to own and enjoy this extraordinary Property,
please contact:
Steve DiFrancesco
CEO/Principal Broker
Haverford, PA 610-347-1000
Nantucket, MA 508-325-7000
Mobile phone 610-506-6577
Email steve@HunterReed.com