PRICE IMPROVEMENT! $30K reduction on this ELEGANT Stone Colonial located in the heart of Gwynedd Valley on an enviable cul de sac. Sited on nearly 1 acre, this pristine home with numerous updates and improvements offers nearly 5200 sq. ft. of living space. Spacious 12'x16'center hall foyer is flanked on either side of both the impressive Formal Living and Dining Rooms, each featuring HRDWD flooring. Gas FP with Marble surround and glass-paneled, French doors for added privacy are among the many highlights featured in the Living Room. A study adjacent to Living Room can easily be closed off for added privacy, and is currently used as a home office, but suitable for a Music Room or convenient playroom. Gourmet Kitchen is spacious with glass sliders to rear deck, Center Island w/ Granite, Four Burner Range with both Grill and Griddle, as well as the built-in, Sub-Zero Refrigerator/Freezer. Family Room is open and bright w/ ample recessed lighting, and features a wood-burning, STONE fireplace with custom, built-in shelves on either side. The MUD ROOM is dreamy,and offers a separate egress as well as ample storage, radiant heated flooring, a deep sink for a small dog cleansing, and 1 of 2 sets of Washers and Dryers to convey with the home. Upstairs features charming Master Bedroom with ample closet space, including walk-in closet w/daylight window. MBA highlights Travertine Tile, Vanity, shower w/ Frameless Shower door,and Jetted Tub. Three additional, well-appointed bedrooms, two full baths, a home office w/ pocket doors, and Bonus Room/5th Bedroom complete this floor. 2nd floor plan can be configured, and enjoyed based on preference, as the Bonus Room may be better suited to complete an in-law or au-pair suite offering private/direct access from the garage, and would feature a full-bath, sitting room and still have loads of storage. Add'l Laundry Room with Utility Sink can also be found on this level. The finished basement adds 1,000 sq. ft. of living space to this fantastic home. Lower level retreat is designed to entertain, with its' wet bar, exercise room, half-bath, and media/living area, your guests may never want to leave.Top-Ranked Wissahickon SD, Proximity to major roadways WONDERFUL Private Schools such as GMA,GA and the soon-to-be fabulous Spring House shopping center w/ MEGA Whole Foods should put this house on the top of any list