163 MEMORIAL LANE
About This Property
This beautiful home sits on nearly an acre of land, offering both luxury and privacy, a little-known oasis in the heart of Mt. Laurel. The open-concept living spaces flow effortlessly, with a great room off the kitchen that includes a 2-story fireplace with custom molding and mantel and ample windows to allow natural light to pour in. The gourmet kitchen is a true showstopper, boasting top-of-the-line appliances, custom cabinetry, granite countertops, island all perfect for hosting family gatherings or casual meals.
Each bedroom feels like a retreat, with plenty of space and custom touches that make them unique. The first-floor bedroom is currently being used as an office. The large 2nd floor primary suite is particularly impressive, with a private sitting area, a stunning bathroom with a soaking tub and walk-in shower, and two oversized walk-in closets for the gentleman and a separate custom closet/dressing area complete with chandelier sure to make every woman swoon. Two additional bedrooms, full updated bath and laundry room complete the 2nd floor. The full finished basement area provides a perfect space for an in-law suite, au pair or teen retreat with the 3rd full bath and jacuzzi tub, separate living room area and dining area, full wet bar and storage. Recessed lighting, windows for natural light, and hardwood flooring completes the space.
Step outside, and the real magic of the home continues. The backyard is an entertainer's paradise, featuring a beautifully designed in-ground pool surrounded by a lush lawn, custom paving and vinyl privacy fencing. Whether you're lounging by the pool, dining under a custom-built gazebo, or just enjoying the expansive outdoor space, there's something for everyone.
Throughout the home, no detail has been overlooked. From custom millwork to high-end flooring and lighting, the design exudes sophistication and attention to detail. It's a place that combines comfort, functionality, and luxury in a seamless way, perfect for anyone seeking a custom, private paradise to come home to. Close to all major roads, shopping, Blue Ribbons schools!
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by BHHS Fox & Roach-Mt Laurel | $750,000 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by BHHS Fox & Roach-Mt Laurel | $420,000 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
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Welcome home to this meticulously cared for home on a quiet cul-de-sac minutes from 295. This two story colonial features 4 bedrooms, 3.5 bathrooms, finished basement, in ground pool, and so much more. Fall in love with this center hall Colonial with a 2-story foyer and hardwood floors throughout the first floor. The familyroom is a 2-story great room with a stone gas fireplace and picturesque view of the in-ground pool. The open design flows into the kitchen with a built in desk, granite counters and island, stainless steel appliances, and another view of the large back yard and in-ground pool. Large pantry and plenty of cabinets in the kitchen. Office and half bathroom are on this level. Upstairs you will find a very spacious master bathroom with an updated master bathroom. Large over sized jetted bath tub, double sink, and stand alone shower. Master bedroom also has two walk in closets. Let us not forget the finished basement, with a full bathroom and wet bar. Plenty of room for room for entertaining and making memories.
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017