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Listing description

Welcome to 4561 Riverside Way—an extraordinary opportunity to own one of Manayunk's premier luxury waterfront residences, where sophisticated design, modern convenience, and an unbeatable location come together. Nestled within the highly sought-after The Locks community between the Schuylkill River and the historic Manayunk Canal, this stunning four-bedroom, three full and one-half bath townhome offers spectacular water views, a private five-stop elevator servicing all levels, and approximately three years remaining on the Philadelphia tax abatement (through 2029), making luxury living even more attractive. Freshly painted with a one-year warranty included , an extended roof warranty, and completely move-in ready, this exceptional home was thoughtfully designed for today's lifestyle, blending everyday comfort with effortless entertaining. Soaring ceilings, expansive windows, and breathtaking river views create an unforgettable first impression, while quality craftsmanship is evident throughout. The entry level features an oversized two-car garage, generous storage, and a spacious bonus room with floor-to-ceiling windows overlooking the water. Perfect as a home office, fitness room, media room, playroom, or guest suite, this flexible space adapts to your needs. The main living level is the heart of the home. The chef's kitchen showcases an oversized quartz island with seating, premium stainless steel appliances, glass subway tile backsplash, French door refrigerator, built-in microwave, deep stainless sink, and an expansive butler's pantry. The kitchen flows seamlessly into the dining area and dramatic living room, where oversized windows frame stunning river views and unforgettable sunsets. The second level offers three spacious bedrooms, including a private guest suite with its own ensuite bath and water views. Two additional bedrooms share a beautifully appointed hall bath, while a conveniently located laundry room adds everyday convenience. Occupying its own private floor, the luxurious owner's suite is a true retreat featuring a private balcony overlooking the Schuylkill River, a boutique-style custom dressing area with extensive built-ins, a separate sitting room ideal as a nursery or office, and a spa-inspired bath with dual quartz vanities, an oversized frameless glass shower with dual shower heads and bench seating, a deep soaking tub, and a private water closet. The rooftop level offers two separate outdoor entertaining spaces with panoramic views of the Schuylkill River, Manayunk Canal, city skyline, historic bridges, and charming rooftops of Manayunk—perfect for morning coffee, sunset gatherings, or fireworks over the city. Additional highlights include professionally customized closets, multiple walk-in storage areas rarely found in townhome living, abundant natural light, and a thoughtfully designed floor plan that grows with your lifestyle. The location is equally impressive. Enjoy direct access to the Manayunk Canal Towpath and Schuylkill River Trail for walking, running, and biking. A pedestrian bridge connects you to vibrant Main Street Manayunk, home to popular restaurants, cafés, breweries, and boutiques. Pretzel Park is nearby, while commuters benefit from easy access to the Manayunk SEPTA Regional Rail Station, Center City, University City, I-76, I-676, I-95, and Philadelphia International Airport. Guest parking is exceptionally convenient thanks to the home's location adjacent to a community parking area. Only 60 of these luxury residences were built, making opportunities like this exceptionally rare. The owner believes approximately three years remain on the Philadelphia tax abatement. Combining luxury waterfront living, breathtaking views, a private elevator, remaining tax abatement, fresh paint, and an unbeatable location, 4561 Riverside Way is truly a one-of-a-kind offering. Schedule your private tour today.

Facts & features

Interior

Bedrooms
4
Bathrooms
3 full · 1 half
Living area
3,190 sq ft
Heating
Forced Air
Cooling
Central A/C

Property & construction

Property type
Residential · Interior Row/Townhouse
Architectural style
Straight Thru
Year built
2020

Lot & parking

Lot size
0.02 acres (900 sq ft)
Garage
2 spaces

Financial

Price / sq ft
$326
HOA dues
$237/mo

Listing details

MLS #
PAPH2644042
County
Philadelphia County
School district
The School District Of Philadelphia
Days on market
3 days

Price history

DateEventPrice
Jul 5, 2026Listed for sale$1,040,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$958,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, weighted toward the current asking price.

Current list price
$1,040,000
County assessment implies
$157,197

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
159 GREEN LN, PHILADELPHIA, PA 19127June 2026$835,0004/23,200$1,140,375
4584 RIVERSIDE WAY, PHILADELPHIA, PA 19127July 2026$1,050,0004/33,190$1,093,845
4732 CROSS ST, PHILADELPHIA, PA 19128May 2026$1,150,0004/43,096$909,305
207A VINE ST, PHILADELPHIA, PA 19106April 2026$1,528,8004/33,188$1,569,869
109 COTTON ST, PHILADELPHIA, PA 19127March 2026$395,0004/32,581$603,419
2219 LOCUST ST, PHILADELPHIA, PA 19103May 2026$1,705,0004/33,060$2,175,485

Estimated taxes

Recorded property taxes: $2,075 (2025 bill as recorded in the MLS).

Estimated monthly payment calculator

$208,000 (20%)
6.43%

Loan term

Estimated monthly payment

$5,934/mo

Principal & interest
$5,221
Property taxes
$173
Home insurance (est.)
$303
HOA
$237

Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

The School District Of Philadelphia

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Philadelphia County crime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Philadelphia County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: July 8, 2026 at 2:51 PM EDT

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