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216 W Cherry Lane #magnolia photo 1
for sale
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$842,658

4beds
|
3baths
|
2,953sqft
|
2026built
216 W Cherry Lane #magnolia,Souderton, PA 18964

Est.$5,541/moCustomize payment

What's special

$285/sqft

Price per square foot

Newer construction

Built in 2026

2 parking spaces

Garage

Overview

Nestled in Souderton, PA, Penshyre Place offers an ideal expanse of new custom homes in a community with the perfect blend of charm and convenience. There are 5 exclusive homesites available, ranging from 0.59 to 0.96 acres, allowing you the space and freedom to make your dream home a reality. Located in the heart of Montgomery County, Penshyre Place provides seamless access to a wealth of local parks, dining, shopping, and entertainment options. With easy access to major highways like the Pennsylvania Turnpike (I-476) and Highway 309, residents commuting to Philadelphia or embarking on weeken...

Listing updated: June 17, 2026 at 4:58 PM

Listed by:

Benjamin Rutt 7174553499, Patriot Realty, LLC

Source: Bright MLS · MLS #PAMC2135534Bright MLS

Property details

Cost estimate

Est. monthly payment

$5,591/mo
Principal & interest
$4,417
Property tax (est.)
$843
Home insurance (est.)
$281
HOA fee
$50

Down payment

$168,53220% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($168,532), 6.85% interest rate, 30-year fixed. Tax is an estimate. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jun 17, 2026Price increased$842,658(+$515)
Jun 2, 2026Price increased$842,143(+$500)
May 19, 2026Price increased$841,643(+$515)
May 5, 2026Price reduced$841,128($26,568)
Apr 7, 2025Listed for sale$867,696

Location

216 W Cherry Lane #magnolia, Souderton, PA 18964

Nearby schools

School district: Souderton Area

West Broad Street

Elementary School

Indian Crest

Middle School

Souderton

High School

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$842,658

4 beds · 3 baths · 2,953 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. 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: 7/2/2026.