248 Cornerstone Drive Unit 248
NEWTOWN SQUARE, PA 19073
- 2 beds
- 2 baths
- 1,687 sqft
- $362 per sqft
- 2008 build
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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!
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Last updated Mar 31, 2025
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MLS# PADE2083570 —
The Building
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Year Built:2008
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Year Built Source:Assessor
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Roof:Metal, Architectural Shingle
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New Construction:No
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Construction Materials:Frame, Masonry
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Builder Name:Cornerstone Communities
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Building Name:Terrazza At Newtown Sqr
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Builder Model:Carlton
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Building Units Total:103
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Unit Building Type:Garden 1 - 4 Floors
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Unit/Flat
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Historic:No
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Levels:1
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Elevators:1
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Entry Floor Number:4
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Security Features:Carbon Monoxide Detector(s), Intercom, Smoke Detector, Sprinkler System - Indoor
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Accessibility Features:None
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Basement:No
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Unit Number:248
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Unfinished Area Units:Square Feet
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Above Grade Finished SqFt:1687
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Above Grade Finished SqFt Source:Assessor
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Above Grade Unfinished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1687
Interior
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Interior Features:Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Carpet, Crown Moldings, Pantry, Walk-in Closet(s), Window Treatments, Wood Floors
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Room List:Living Room, Dining Room, Bedroom 2, Kitchen, Den, Bedroom 1, Bathroom 1, Bathroom 2
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Floors In Unit:1
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Flooring Type:Engineered Wood, Carpet
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Fireplace - Glass Doors, Gas/Propane, Mantel(s)
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1687
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Living Area SqFt:1,687 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, FHA, Conventional
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Buyer Financing:Cash
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Possession:31-60 Days CD
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Lease Considered:No
Location
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Directions:route 3 (West Chester Pike) west to left on route 252. Left onto Cornerstone Drive, Left into Terrazza Newtown Square.
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Cross Street:Newtown Street Rd.
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Latitude:39.97875000
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Longitude:-75.39605000
The Property
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Property Type:Residential
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Inclusions:washer dryer and refrigerator
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Exclusions:none
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Additional Parcels:No
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Zoning:R-50
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Zoning Description:RESIDENTIAL
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Road Responsibility:Road Maintenance Agreement
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View:Trees/Woods
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Outdoor Living Structures:Balcony
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R-50
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 517-8411
- Office phone:
- (610) 649-4500
Taxes
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Tax ID Number:30-00-01721-34
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Tax Year:2024
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Tax Lot:015-000
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Tax Annual Amount:$6,942
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Tax Assessed Value:$386,840
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Year Assessed:2025
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School Tax:4664.0
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County Tax:1498.00
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City/Town Tax:779.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Washer In Unit, Dryer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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Elementary School:Culbertson
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Middle School:Paxon Hollow
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High School:MARPLE NEWTOWN
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School District Name:Marple Newtown
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School District Source:Listing Agent
The Community
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Subdivision Name:Terrazza Newtown Sqr
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Senior Community:No
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Exterior Features:BBQ Grill, Lawn Sprinkler, Outside Shower, Sidewalks, Tennis Court(s), Street Lights, Water Fountains, Underground Lawn Sprinkler
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Pool:Yes - Community
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Spa:No
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Association Recreation Fee:No
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HOA:Yes
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Condo/Coop Association:No
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HOA/Condo/Coop Amenities:Billiard Room, Club House, Dog Park, Exercise Room, Fitness Center, Library, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Other
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HOA Fee:$715
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HOA Fee Frequency:Monthly
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HOA/Condo/Coop Fee:All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
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Other Fees:500.00
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Municipal Trash:No
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile
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HOA Name:Terrazza Community Association
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Basement Garage, Garage Door Opener
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Garage Spaces:1.00
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Type of Parking:Parking Garage, Parking Lot, Off Street
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Parking Features:Unassigned
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Parking Garage - # of Spaces:1
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/31/25
Mar 31, 2025
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Sold | BRIGHT | $611,014 | 2.7% |
3/12/25
Mar 12, 2025
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Pending | BRIGHT | $595,000 | |
2/15/25
Feb 15, 2025
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Sold Subject To Contingencies | BRIGHT | $595,000 |