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Old Posted Jun 25, 2019, 12:25 PM
jsbrook jsbrook is offline
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Join Date: Aug 2014
Location: Bala Cynwyd
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Quote:
Originally Posted by allovertown View Post
That house is one of the strangest in the city. The 5 car (!!!!) garage in the back is bonkers. I think you're right on the money that they're not listing that house with the thought that someone is going to buy it and move in. Definitely being sold as a development opportunity.

Even though a house right on Rittenhouse is far more desirable, the property this house is on is huge, it has a front yard (who has one of those in Philly?) a giant courtyard in the back and that enormous garage. It's probably 5 times the size of the rittenhouse lot conservatively. I think you could absolutely put a tower there.

And as unique as the home is, it's kind of a gaudy waste of space. Wouldn't mind at all if it was torn down. Not at all historic either.
Yeah, the outdoor space is amazing. Even so, I just don't think a house of this size in Philly is likely to sell for near $12MM. It's not impossible, but a true unicorn buyer would have to come along. Bring on the tower here instead!