Marple Newtown School District, Delaware County, PA

Terrazza Newtown Square

Performance Tier

Underperformer

Median Sold

$603,007

Avg. Appreciation

31%

Avg. $ Gain

$140,000

2025 Sales

8

Mid-Range price tier
Low Activity
★ Value Play

Compared to the Marple Newtown district average, Terrazza Newtown Square is
underperforming by 57%.

Based on 33 years of public sales records across 2418 neighborhoods in 4 counties.

About

Terrazza at Newtown Square is a 105-unit condominium community built in 2008 on Cornerstone Drive in Newtown Township, Delaware County, within the Marple Newtown School District. The community received a Community of the Year award from the Main Line Builders Association in its inaugural year and was designed by landscape architecture firm RGS Associates with a Tuscan-themed site plan — four-story elevator buildings arranged around a central courtyard containing a community center, fountain, and landscaped gardens. The HOA, formally recorded as the Terrazza Community Association, covers water, trash, snow removal, landscaping, and master insurance, with residents accessing a clubhouse that includes a fitness center, steam room, locker rooms, billiards room, library, and full kitchen, plus an outdoor pool and tennis/pickleball courts.

Specifications

Era
Early 21st Century (2000-2015) · avg year built 2008
Approximate Homes
~105 Condo
Interior Square Footage
Units range from approximately 1,284 sq ft (1-bedroom flats) to over 3,000 sq ft (penthouse units); a commonly cited 2-bedroom/den configuration runs approximately 2,004 sq ft.
Lot Character
No individual lots — Terrazza is a multi-building condominium community sited on a shared parcel along Cornerstone Drive off South Newtown Street Road (Route 252). Buildings are arranged around a central courtyard with fountains, pedestrian walkways, and landscaped gardens maintained by the HOA.
HOA
Active HOA · Terrazza Community Association
School District
ZIP
19073

Home Stock

Four-story elevator buildings with Tuscan-inspired exterior architecture. Unit types include flat/apartment units on floors 1–3 and penthouse units on the 4th floor. Interior features across resale listings consistently include open floor plans, 9-foot ceilings, gas fireplaces, hardwood floors, granite countertops, stainless steel appliances, and private balconies or terraces. Underground gated parking garages with assigned spaces and individual storage closets are included with units.

Location & Access

Cornerstone Drive at South Newtown Street Road (Route 252); approximately 0.5 miles from Ellis Preserve Town Center. Accessible to Route 476 (Blue Route), I-95, and Philadelphia International Airport via Route 252 and West Chester Pike.

Location Anchors

Mailing City
Newtown Square, PA 19073
County
Delaware, PA
Centroid (lat, lng)
39.978, -75.396

What Makes This Distinct

Terrazza trails the Marple Newtown School District’s long-run appreciation average by a meaningful margin — a structural pattern that positions the community as a relative value play within a district where detached single-family homes have historically outpaced attached product. Buyers absorbing that trade-off gain HOA-included amenities (pool, fitness center, underground parking, water/trash) and a median days-on-market pace that consistently rewards pre-approved, decision-ready buyers.

For Buyers & Sellers

If You’re Buying

$603k median price point. move fast – homes go quickly.

If You’re Selling

Sellers gained $140k on average. trailing the district by 57%. homes selling quickly (quickly). median sale price $603k.

Worth Asking

Have you considered what the HOA fee structure — which covers water, trash, snow removal, landscaping, master insurance, and all recreational amenities — actually means for your total monthly cost of ownership compared to a similarly priced detached home in the same school district, where those line items fall entirely on you?

Common Questions

What school does Terrazza at Newtown Square feed into?

Terrazza is located within the Marple Newtown School District and most commonly feeds to Culbertson Elementary School (located at 3530 Goshen Road, Newtown Square), then Paxon Hollow Middle School, and Marple Newtown Senior High School. School boundary assignments should always be confirmed directly with the district before purchasing, as boundaries can change.

What does the Terrazza HOA cover and who manages the community?

The Terrazza Community Association HOA fee covers maintenance of common areas, water, trash, snow removal, landscaping, and master insurance. All recreational amenities — including the outdoor pool, fitness center, steam room, tennis/pickleball courts, and clubhouse — are included in the monthly fee. The community has been professionally managed; Camco Management Company has been cited in public records disclosures as the management firm. Buyers should also note a move-in fee and capital contribution due at settlement, the amounts of which should be confirmed in the current association documents prior to any offer.

What unit types and sizes are available at Terrazza?

Terrazza offers 1-bedroom, 2-bedroom, and 3-bedroom configurations across its four-story buildings. Flat units on floors 1–3 range from approximately 1,284 sq ft (1-bedroom) to roughly 2,004 sq ft (2-bedroom with den). Penthouse units on the 4th floor exceed 3,000 sq ft. Each unit includes an assigned underground parking space and a dedicated storage closet. The community is not age-restricted.

Items to Verify with Your Agent

A few specifics on this page are sourced from secondary aggregators or older filings. Confirm before relying:

  • Builder — Developer Della Porta is referenced in a 2012 Patch opinion piece in connection with the Somerset/Terrazza project, but no verified builder-of-record corporate entity name could be confirmed from a primary source. Field left null per policy.
  • Approx Homes — RGS Associates (landscape architect firm) cites 105 units as the total community count. HelloCondo cites only 16 units — this appears to be a data artifact (possibly only units transacted through their platform), not the community total. The RGS Associates figure is treated as authoritative. Flagged for awareness.
  • Hoa Fee Current Amount — HelloCondo cites an average of $3/sq ft, but no current monthly dollar figure was confirmed from a primary HOA document or management company source. Omitted from page content per evergreen policy.
  • Interior Sqft Range Text — Multiple sources cite ranges: HelloCondo says 1,284–3,250 sq ft; neighborhoods.com says 1,632–3,700 sq ft. The lower bound from HelloCondo aligns with a sold 1-BR public records listing (1,334 sq ft per Redfin). The upper range could not be independently verified from a primary floor plan source. Range presented conservatively.

School District

Terrazza Newtown Square is served by the Marple Newtown School District. Buyers should verify current school assignments directly with the district.


View Marple Newtown School District Information

Sources Consulted

Public deed records · Delaware County Recorder · rgsassociates.com · search.twocrownhome.com · dandb.com · bhhs.com · mainlinephillyhomes.com · hellocondo.com · en.wikipedia.org · pennsylvania.hometownlocator.com · patch.com

Data refreshed: April 25, 2026 (median sold, appreciation, performance tiers, narratives) · Content reviewed: April 25, 2026 (overview, structural insight, FAQs)

The Cyr Team · 2418 neighborhoods · 4 counties · 33 years of public sales records