$1,788,000
SOLD JUN 30, 2025

5 Somerset Ln Malvern, PA 19355

5 Beds
7 Baths
7,101 Sq Ft
2.64 Acres

Recently Sold

$252 Per Sq Ft

6% Below List Price

5 Days on Market

Highlights

  • 2.64 Acre Lot
  • Traditional Architecture
  • 3 Car Attached Garage
  • Charlestown Elementary School Rated A
  • 2 Fireplaces
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Poised on a beautifully landscaped 2.6-acre lot, this custom-built estate offers over 7,000 square feet of living space, featuring 5 bedrooms, 5 full baths, and 2 elegant powder rooms.

From the moment you enter the grand front-to-back foyer, the home's meticulous craftsmanship is evident. To one side, a refined formal living room is anchored by an elegant fireplace, while the opposite side reveals a formal dining room enhanced with a brand-new, designer butler’s pantry—setting the tone for effortless entertaining. The heart of the home is a stunning, gourmet kitchen, showcasing an expansive quartz island and backsplash, custom range hood, high-end stainless steel appliances, and a built-in warming drawer. Bathed in natural light, the morning room and soaring two-story family room—complete with a floor-to-ceiling stone fireplace—offer an open, airy ambiance perfect for both intimate gatherings and large-scale entertaining.

Step outside to a Belgian block patio and take in sweeping, tree-lined views of Chester County—an idyllic backdrop for morning coffee or evening soirees. Completing the first floor also is private home office, two thoughtfully updated powder rooms, a chic mudroom/laundry area, and access to the oversized three-car garage.

Upstairs, the luxurious primary suite awaits featuring a tray ceiling, a spacious sitting room, and dual walk-in closets. The ensuite bath boasts two vanities, a soaking tub, and glass shower. Two additional bedrooms share a Jack-and-Jill bath, while a separate princess suite enjoys its own private ensuite. A rare find is the guest suite with a large bedroom, private living area, and full bath—perfect for multigenerational living or extended guests. Last, a full walk-up third floor offers flexible space ready to adapt to your evolving lifestyle.

The finished walkout lower level is complete with a home theater setup, a full bath, kitchenette, and expansive living area—ideal for game nights, celebrations, or relaxing weekends at home.

Tucked away in an exclusive, ten-home neighborhood within the award-winning Great Valley School District, this extraordinary home offers the perfect balance of serenity and convenience. Enjoy easy access to the PA Turnpike, fine dining in the Malvern Borough, and the scenic trails of Brightside Farm Park just minutes away. Schedule your private showing today and experience the lifestyle you deserve.

Last Agent to Sell the Property

Gary Mercer

LPT Realty, LLC License #RS164185L Listed on: 05/08/2025

LPT Realty, LLC

Co-Listed By

mike flatley

LPT Realty, LLC License #rs358844

Last Buyer's Agent

Michael Faber

KW Empower

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,054

Year Built

  • Built in 2001

Lot Details

  • 2.64 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Cement Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Charlestown Elementary School
  • Great Valley Middle School
  • Great Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater
  • On Site Septic

Community Details

  • Claremont HOA
  • Claremont Subdivision

Listing and Financial Details

  • Tax Lot 0054.1200
  • Assessor Parcel Number 35-03 -0054.1200

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,054

Year Built

Built in 2001

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Pool Table in as is condition. Other items in the home can be negotiated.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 5/8/2025 12:00:00 AM
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Poised on a beautifully landscaped 2.6-acre lot, this custom-built estate offers over 7,000 square feet of living space, featuring 5 bedrooms, 5 full baths, and 2 elegant powder rooms. From the moment you enter the grand front-to-back foyer, the home's meticulous craftsmanship is evident. To one side, a refined formal living room is anchored by an elegant fireplace, while the opposite side reveals a formal dining room enhanced with a brand-new, designer butler’s pantry—setting the tone for effortless entertaining. The heart of the home is a stunning, gourmet kitchen, showcasing an expansive quartz island and backsplash, custom range hood, high-end stainless steel appliances, and a built-in warming drawer. Bathed in natural light, the morning room and soaring two-story family room—complete with a floor-to-ceiling stone fireplace—offer an open, airy ambiance perfect for both intimate gatherings and large-scale entertaining. Step outside to a Belgian block patio and take in sweeping, tree-lined views of Chester County—an idyllic backdrop for morning coffee or evening soirées. Completing the first floor also is private home office, two thoughtfully updated powder rooms, a chic mudroom/laundry area, and access to the oversized three-car garage. Upstairs, the luxurious primary suite awaits featuring a tray ceiling, a spacious sitting room, and dual walk-in closets. The ensuite bath boasts two vanities, a soaking tub, and glass shower. Two additional bedrooms share a Jack-and-Jill bath, while a separate princess suite enjoys its own private ensuite. A rare find is the guest suite with a large bedroom, private living area, and full bath—perfect for multigenerational living or extended guests. Last, a full walk-up third floor offers flexible space ready to adapt to your evolving lifestyle. The finished walkout lower level is complete with a home theater setup, a full bath, kitchenette, and expansive living area—ideal for game nights, celebrations, or relaxing weekends at home. Tucked away in an exclusive, ten-home neighborhood within the award-winning Great Valley School District, this extraordinary home offers the perfect balance of serenity and convenience. Enjoy easy access to the PA Turnpike, fine dining in the Malvern Borough, and the scenic trails of Brightside Farm Park just minutes away. Schedule your private showing today and experience the lifestyle you deserve.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Level
  • Total Sq Ft: 7101
  • Living Area Sq Ft: 7101
  • Price Per Sq Ft: 300.75
  • Above Grade Finished Sq Ft: 6301
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Cement Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: CLAREMONT HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: GREAT VALLEY
  • Elementary School: CHARLESTOWN
  • Middle School: GREAT VALLEY
  • High School: GREAT VALLEY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397337
  • School District Source: 3rd Party
  • Elementary School: CHARLESTOWN
  • High School: GREAT VALLEY
  • Middle Or Junior School: GREAT VALLEY

Lot Info

  • Land Use Code: R10
  • Lot Size Acres: 2.64
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 115086.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 16137.00
  • Tax Annual Amount: 20054.00
  • Assessor Parcel Number: 35-03 -0054.1200
  • Tax Lot: 0054.1200
  • Tax Total Finished Sq Ft: 7101
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/30/2025

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 26, 2025
Sold by
Curran Edward F and Curran Marjorie A
Bought by
Li Shiwei and Li Zhan Xiong
Seller's Agent
Gary Mercer
LPT Realty, LLC
Buyer's Agent
Michael Faber
KW Empower
List Price
$1,895,000
Sold Price
$1,788,000
Premium/Discount to List
-$107,000
-5.65%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.42%
Original Mortgage
$1,430,000
Outstanding Balance
$1,428,795
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$518,136

Purchase Details

Closed on
Mar 20, 2006
Sold by
Weichert Relocation Resources Inc
Bought by
Curran Edward F and Curran Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2006
Sold by
Gibson Dale C and Gibson Betsy P
Bought by
Weichert Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Pennfield Knoll Associates Inc
Bought by
Gibson Dale C and Gibson Betsy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,000
Interest Rate
5.87%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,788,000 One Team Abstract
Deed $1,360,000 None Available
Deed $1,360,000 None Available
Deed $1,123,803 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,430,000 New Conventional
Previous Owner $757,000 New Conventional
Previous Owner $880,000 New Conventional
Previous Owner $915,000 New Conventional
Previous Owner $936,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Previous Owner $900,000 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $916,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,788,000 -5.6% $252 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $1,895,000 -- $267 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,178 $662,200 $98,850 $563,350
2023 $18,688 $662,200 $98,850 $563,350
2022 $18,317 $662,200 $98,850 $563,350
2021 $17,953 $662,200 $98,850 $563,350
2020 $17,660 $662,200 $98,850 $563,350
2019 $17,491 $662,200 $98,850 $563,350
2018 $17,164 $662,200 $98,850 $563,350
2017 $17,164 $662,200 $98,850 $563,350
2016 $16,255 $662,200 $98,850 $563,350
2015 $16,255 $662,200 $98,850 $563,350
2014 $16,255 $662,200 $98,850 $563,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2097176

Bright MLS

APN: 35-003-0054.1200