Welcome to 248 Cornerstone Drive offering 2 Bedrooms, 2 baths and a large Den totaling 1687 square feet of luxury living. This elegant 4th Penthouse floor home at Terrazza Newtown Square shows like a model home and is in move-in condition. Walk into the open floor plan living room with a corner gas fireplace, beautiful hardwood floors, crown moldings and entrance to a spacious terrace. This penthouse level condo boasts an elevated 12-foot-high ceiling in the great room area with numerous transome windows flooding the living room with light. The spacious terrace off of the living room offers a peaceful wooded view and a view of the stream running through the property. The formal dining room is spacious and can accommodate your family dinners and holiday gatherings. You can also entertain at the kitchen counter bar adjoining the amazing cook's kitchen with stainless steel appliances, granite counters, and storage pantry, There is a spacious den which can be used as an office or additional accommodations for overnight guests. There are two master bedroom suites both with en-suite baths and very generous walk-in closets. The main master Bedroom suite features a double sink vanity, linen closet, over-sized shower and custom inserts in the walk-in closet. The laundry is neatly tucked away in a closet off the second bathroom. Included with the sale is an indoor parking space and storage area off the garage level. Additional parking is plentiful adjacent to the building. Terrazza is the perfect solution for the buyer looking to downsize, and who desires freedom from home maintenance without compromising on space. No need to drive to the gym as the Terrazza clubhouse features a fully equipped fitness center, locker room facilities and a steam room. The clubhouse also has a commercial catering kitchen, billiards, card room and a library. The clubhouse is available for private rentals at a very nominal fee. The owners also enjoy their own tennis /pickleball courts and an outdoor pool area. All Terrazza amenities are included in the monthly HOA fee. The community comes alive in the spring and summer months with the stunning courtyards and the tranquil fountains that create a peaceful and serene atmosphere throughout the community. Terrazza is very convenient to country clubs, shopping, dining, Ridley Creek State Park, Whole Foods, market and minutes from Media, Paoli, Bryn Mawr and the entire Main Line area. If you are looking for elegance and easy living Terrazza is a "must-see" option. There is a $500 move-in fee and $2000 capital contribution at settlement. The Terrazza HOA covers maintenance of the common areas, water, trash, snow removal, landscaping, and master insurance. Enjoy peace of mind with a professional management team overseeing all operations. Don’t miss the opportunity to make 248 Cornerstone Drive your new home—where comfort, style, and convenience come together in perfect harmony!
Sold for $611,014
$611,014
248 Cornerstone Dr #248, Newtown Square, PA 19073
2beds
1,687sqft
Condominium
Built in 2008
-- sqft lot
$624,000 Zestimate®
$362/sqft
$3,415 Estimated rent
Home value
$624,000
$562,000 - $693,000
$3,415/mo
Zestimate® history
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$4,174/mo
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Est. payment
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List your homeWhat's special
Two master bedroom suitesSpacious terraceStunning courtyardsTranquil fountainsSpacious denStorage pantryCorner gas fireplace
Zillow last checked:
Listing updated:
Listed by:
Michael Gutkind 610-517-8411,
BHHS Fox & Roach-Haverford,
Co-Listing Agent: Jonathon Gutkind 484-474-0499,
BHHS Fox & Roach-Haverford
Bought with:
Kathe O'Donovan, AB060170L
BHHS Fox & Roach-Rosemont
Source: Bright MLS,MLS#: PADE2083570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Kitchen, Den, Bedroom 1, Bathroom 1, Bathroom 2
Bedroom 1
- Features: Flooring - Carpet, Lighting - Ceiling, Walk-In Closet(s), Window Treatments
- Level: Main
Bedroom 2
- Features: Attached Bathroom, Flooring - Carpet, Walk-In Closet(s)
- Level: Main
Bathroom 1
- Features: Bathroom - Stall Shower, Soaking Tub, Granite Counters, Double Sink
- Level: Main
Bathroom 2
- Features: Bathroom - Stall Shower, Bathroom - Walk-In Shower, Granite Counters
- Level: Main
Den
- Features: Flooring - Carpet
- Level: Main
Dining room
- Features: Flooring - Engineered Wood, Formal Dining Room, Chair Rail
- Level: Main
Kitchen
- Features: Breakfast Bar, Granite Counters, Flooring - Engineered Wood, Kitchen - Gas Cooking, Lighting - Ceiling, Lighting - Pendants
- Level: Main
Living room
- Features: Balcony Access, Cathedral/Vaulted Ceiling, Fireplace - Gas, Flooring - Engineered Wood, Window Treatments, Crown Molding
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Crown Molding, Pantry, Walk-In Closet(s)
- Flooring: Engineered Wood, Carpet, Wood
- Windows: Window Treatments
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Glass Doors, Gas/Propane, Mantel(s)
Interior area
- Total structure area: 1,687
- Total interior livable area: 1,687 sqft
- Finished area above ground: 1,687
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Basement, Garage Door Opener, Unassigned, Garage, Parking Lot, Off Street
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Barbecue, Lawn Sprinkler, Outdoor Shower, Sidewalks, Tennis Court(s), Street Lights, Water Fountains, Underground Lawn Sprinkler, Balcony
- Pool features: Community
- Has view: Yes
- View description: Trees/Woods
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 30000172134
- Zoning: R-50
- Zoning description: RESIDENTIAL
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame, Masonry
- Roof: Metal,Architectural Shingle
Condition
- New construction: No
- Year built: 2008
Details
- Builder model: Carlton
- Builder name: Cornerstone Communities
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Fire Sprinkler System
- Subdivision: Terrazza Newtown Sqr
HOA
- Has HOA: Yes
- Amenities included: Billiard Room, Clubhouse, Dog Park, Fitness Center, Library, Party Room, Pool, Reserved/Assigned Parking, Tennis Court(s), Other
- Services included: All Ground Fee, Common Area Maintenance, Maintenance Structure, Maintenance Grounds, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
- HOA fee: $715 monthly
- HOA name: TERRAZZA COMMUNITY ASSOCIATION
Location
- Region: Newtown Square
- Municipality: NEWTOWN TWP
Financial & listing details
- Price per square foot: $362/sqft
- Tax assessed value: $386,840
- Annual tax amount: $6,942
- Date on market: 2/10/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA,Conventional
- Inclusions: Washer Dryer And Refrigerator
- Exclusions: None
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $611,014+2.7%$362/sqft |
Source:  Bright MLS #PADE2083570 Report a problem | ||
| 3/12/2025 | Pending sale | $595,000$353/sqft |
Source: Bright MLS #PADE2083570 Report a problem | ||
| 2/15/2025 | Contingent | $595,000$353/sqft |
Source: Bright MLS #PADE2083570 Report a problem | ||
| 2/10/2025 | Listed for sale | $595,000+16.8%$353/sqft |
Source: Bright MLS #PADE2083570 Report a problem | ||
| 11/22/2019 | Listing removed | $509,500$302/sqft |
Source: Compass RE #PADE502734 Report a problem | ||
| 10/29/2019 | Price change | $509,500-3.4%$302/sqft |
Source: Compass RE #PADE502734 Report a problem | ||
| 9/28/2019 | Price change | $527,500-1.9%$313/sqft |
Source: Long & Foster Real Estate, Inc. #PADE488338 Report a problem | ||
| 9/10/2019 | Price change | $537,900-3.9%$319/sqft |
Source: Long & Foster Real Estate, Inc. #PADE488338 Report a problem | ||
| 6/12/2019 | Price change | $559,500-2.7%$332/sqft |
Source: Long & Foster - Wayne/Devon/Herling #PADE488338 Report a problem | ||
| 4/13/2019 | Listed for sale | $575,000+9.6%$341/sqft |
Source: Long & Foster - Wayne/Devon/Herling #PADE488338 Report a problem | ||
| 10/22/2008 | Sold | $524,770$311/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $7,446 +7.5% | $386,840 |
| 2025 | $6,928 +7.6% | $386,840 |
| 2024 | $6,438 +3.3% | $386,840 |
| 2023 | $6,235 +2.2% | $386,840 |
| 2022 | $6,098 +0.1% | $386,840 |
| 2021 | $6,089 +264.5% | $386,840 +26.4% |
| 2020 | $1,671 -79.8% | $305,941 |
| 2019 | $8,259 +1.1% | $305,941 |
| 2018 | $8,170 +386.6% | $305,941 |
| 2017 | $1,679 -2% | $305,941 |
| 2016 | $1,713 | $305,941 |
| 2015 | $1,713 | $305,941 |
| 2014 | $1,713 +4.8% | $305,941 |
| 2013 | $1,634 +2.8% | $305,941 |
| 2012 | $1,589 +0.3% | $305,941 |
| 2011 | $1,585 +2% | $305,941 |
| 2010 | $1,553 | $305,941 |
| 2009 | -- | $305,941 |
Find assessor info on the county website
Neighborhood: 19073
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Nearby schools
GreatSchools rating
- 6/10Culbertson Elementary SchoolGrades: K-5Distance: 1.3 mi
- 7/10Paxon Hollow Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Marple Newtown Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Culbertson
- Middle: Paxon Hollow
- High: Marple Newtown
- District: Marple Newtown
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$624,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$624,000
- Pennsylvania
- Delaware County
- Newtown Square
- 19073
- 248 Cornerstone Dr Unit 248
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