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Listing description

Set on over an acre of beautifully landscaped, level grounds in Penn Valley, this exceptional 4,400+ sq ft residence was built in 1948 and beautifully expanded over the years. It offers 4 bedrooms, 4.5 baths, and a floor plan that unfolds with remarkable ease, with gracious formal rooms, a spectacular great room, elegant entertaining spaces, a private office, inviting outdoor living areas, and an in-ground pool. In the award-winning Lower Merion School District, this home has been expanded by two distinguished Philadelphia architects. Vincent Kling, AIA, designed the spectacular great room and conservatory addition, while Alvin Holm, AIA, created the elegant formal parlor and expansive primary suite, raising the roofline and enhancing both the exterior and interior architecture. A stone walkway leads to a charming courtyard entrance framed by a wrought-iron lantern arch. The center hall foyer introduces the circular floor plan, where each room flows into the next while maintaining its own distinct character. To the left of the foyer, the formal dining room is anchored by a handsome wood-burning fireplace flanked by custom built-ins and oversized windows overlooking the front grounds. The breakfast room is centered around a wall of windows that frames the pergola, lush backyard, and pool. The adjoining kitchen with butler’s pantry offers generous cabinetry, abundant workspace, built-in appliances, bar seating, and views of the rear grounds. Positioned toward the rear, the office offers a work-from-home retreat with custom built-ins and views of the surrounding landscape. Across the foyer, the elegant formal parlor is one of the residence's most distinguished spaces. Warm and inviting, it features an antique marble fireplace, custom built-ins, and French doors that open to the conservatory. Bathed in natural light, the conservatory offers flagstone floors, walls of glass, custom built-ins, and garden views. A graceful circular staircase ascends to the primary suite above, while the conservatory opens directly into the spectacular great room, a space with rich walnut parquet floors, a striking wood-burning fireplace, custom built-ins, and walls of windows overlooking the pool and grounds. A full bath featuring a German glass shower enclosure completes the main level. One of the home’s most significant expansions was the creation of the private primary suite wing on the second floor. Vaulted tray ceilings enhance the sense of space, while French doors open to a wrought iron balcony overlooking the front grounds. The suite includes a full bath with dual vanities and a walk-in shower beneath a dramatic skylight. A separate dressing area leads to two oversized walk-in closets and a dedicated laundry room with a brand-new full-size Samsung washer and dryer tower. Three additional bedrooms all offer abundant closet space and built-ins. A cedar closet completes the second level. Outside, the grounds are every bit as impressive. Unlike many Main Line properties, the land is exceptionally level, offering endless opportunities for recreation: a pergola, multiple seating areas, and of course, the in-ground pool, all beckon. A detached two-car garage completes the property. Recent improvements: new roof (2024), refinished white oak floors, fresh interior paint, new carpeting, new pool equipment (2026), gutter system, brand-new Samsung full-size washer and dryer tower (2026), updated conservatory windows, and numerous mechanical improvements. Homes of this caliber are increasingly rare—where exceptional architecture, beautifully usable grounds, and decades of careful stewardship come together. 723 Righters Mill Road is a timeless Penn Valley residence designed to be enjoyed for generations to come.

Rooms by level

How the bedrooms and baths are distributed across the floors, as reported by the listing agent.

  1. Lower level1 half bath
  2. Main level1 full bath
  3. Upper level4 bedrooms · 3 full baths

Facts & features

Interior

Bedrooms
4
Bathrooms
4 full · 1 half
Living area
4,412 sq ft
Heating
Forced Air
Cooling
Central A/C

Property & construction

Property type
Residential · Detached
Architectural style
Colonial
Year built
1948

Lot & parking

Lot size
0.96 acres (41,663 sq ft)

Financial

Price / sq ft
$362
HOA dues
None

Listing details

MLS #
PAMC2186958
County
Montgomery County
School district
Lower Merion

Interior features

Interior features
Additional Stairway, Bathroom - Soaking Tub, Bathroom - Stall Shower, Breakfast Area, Built-Ins, Butlers Pantry, Dining Area, Primary Bath(s), Recessed Lighting, Skylight(s), Walk-in Closet(s), Wood Floors, and 1 more
Fireplace
2
Fireplace type
Gas/Propane, Wood
Basement
Full
Levels
2
Accessibility
None

Exterior & construction

Construction
Stucco
Roof
Pitched
Foundation
Other
Patio & porch
Patio(s), Balcony, Porch(es)

Systems & utilities

Heating fuel
Oil
Cooling fuel
Other
Hot water
Electric
Water source
Public
Sewer
Public Sewer

Parking

Parking
None
Total spaces
0

Community

Subdivision
PENN VALLEY

Lot & zoning

Lot dimensions
131.00 x 0.00
Lot features
Level
Zoning
RESID
Cross street
UNKNOWN

Included in the sale

Possession
Settlement

Price history

DateEventPrice
Sep 8, 2026Listed for sale$1,595,000

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

$1,602,000

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

About this estimate

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

Last sold
September 1994 for $361,000
County deed record in 1994 dollars; not comparable to today's value.
Current list price
$1,595,000
County assessment implies
$1,249,564
Est. property taxes at today's rates
$15,349/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
801 N WOODBINE AVE, PENN VALLEY, PA 19072August 2026$1,500,0004/44,104$1,575,853
407 FAIRVIEW RD, PENN VALLEY, PA 19072December 2025$1,775,0004/34,433$2,064,177
1429 FLAT ROCK RD, PENN VALLEY, PA 19072June 2025$1,600,0004/44,289$1,588,073
226 WINDING WAY, MERION STATION, PA 19066August 2026$1,800,0004/44,647$1,842,947
1600 FLAT ROCK RD, PENN VALLEY, PA 19072October 2025$1,450,0004/34,102$1,742,191
315 KEITHWOOD RD, WYNNEWOOD, PA 19096April 2026$1,300,0004/44,639$1,369,476

Estimated taxes

Estimated at current rates

$17,143 / year

$1,429 per month

MLS shows (2025)

$17,143

School tax

LOWER MERION · 35.27 mills (2025-26)

$13,133

County tax

Montgomery County · 5.95 mills (2026)

$2,216

Municipal tax

As recorded for 2025, varies by municipality

$1,794

Recomputed from the county assessment ($372,370, 1996 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$319,000 (20%)
6.43%

Loan term

Estimated monthly payment

$9,900/mo

Principal & interest
$8,007
Property taxes (current rates)
$1,429
Home insurance (est.)
$465

Taxes use NookLocal's estimate at current millage rates, not the stale figure 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

Lower Merion

Academic index
86.9/100
Graduation rate
97.8%
PSSA ELA proficient
82.1%
PSSA Math proficient
81.1%

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

Montgomery County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Montgomery 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: September 9, 2026 at 8:10 AM EDT

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