Set on a generous and level 0.89-acre lot in one of Radnor Townships most desirable neighborhoods, this rare opportunity offers unlimited potential for renovation, expansion, or brand-new construction. Surrounded by established estate homes and located within the award-winning Radnor School District, the setting alone makes this a compelling offering for both homeowners and builders. This homes position – on the highest elevation along Parkes Run Lane – enhances its privacy, natural light, and separation from surrounding properties. The existing stone and brick multi-level Cape features 4 bedrooms, 3 full and 2 half baths, and a flexible floor plan with distinctive architectural elements. The living room is highlighted by a vaulted ceiling, custom built-ins, and a fireplace. The formal dining room opens to the rear patio through sliding glass doors, as does the adjacent kitchen, which includes a breakfast area and a large walk-in pantry. A powder room is located just off the foyer. A few steps from the kitchen is a spacious family room with another fireplace, built-ins, and wet bar – plus interior access to the two-car garage and an adjoining solarium with greenhouse-style windows. Below that, a partially finished lower level offers an office, half bath, laundry area, and ample storage. Optimally located near top-ranked schools, the train, and downtown Wayne, this property offers the flexibility to reimagine the existing home or create a custom new residence from the ground up – all in a quiet, elevated position within one of the Main Lines most prestigious neighborhoods.