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48 N 3rd Street 3Philadelphia, PA 19106

For Sale

$1,600,000

Smart Buyer Rebate $16,000

Secure, Gated, Luxury Townhome in Historic Old City – Lippincott Alley

Discover sophisticated city living in this stunning 4 bedroom, 4 full and 2 half bath townhome at Lippincott Alley, one of Old City’s most exclusive residential enclaves. Nestled on a quiet, brick-paved lane beside the historic Arch Street Meeting House, this home offers modern luxury with prime walkability to top dining, shopping, and cultural attractions. 5 years left on tax abatement.
Refined Interiors & Thoughtful Design throughout.

Enter from the private two-car garage or secured courtyard into an open-concept main level designed for seamless entertaining. The sunlit living room features oversized windows that overlook a quiet courtyard, soaring ceilings while the chef’s kitchen boasts Wolf & Sub-Zero appliances, granite countertops, custom cabinetry, and a private balcony for outdoor dining/grilling.

The second level offers two spacious bedrooms, each with walk-in closets and en-suite baths—one with a glass-enclosed shower, the other with a soaking tub. The full sized laundry room is also on this level. A sumptuous & private primary suite is a spacious retreat with custom storage, a spa-like bath with a soaking tub, double vanity, and a multi-head glass-enclosed shower. There is also an incredible walk-in closet.
Rooftop Retreat & Versatile Living Spaces

Take the private 5 stop elevator to the expansive roof deck, perfect for enjoying fireworks at Penn’s Landing. The pilot house includes a wet bar, beverage center, lounge area, and powder room for effortless entertaining.

A finished basement provides an office and flex space as a fourth bedroom, gym, or media room, complete with a full bath. Additional features include high ceilings, elegant hardwood floors throughout, and a security system.

Unmatched Location in Old City
Walk to renowned restaurants, boutique shops, art galleries, and historic landmarks. Public transit and major highways are just minutes away for easy commuting.

Don’t miss this rare opportunity for luxury, convenience, and historic charm in one of Philadelphia’s most sought-after neighborhoods.

Schedule your private tour today.

(All square footage numbers are approximate and include above and below grade measurements. Tax abatement began in 2019.)

Listed by Andrea Desy Edrei

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License #RS279858

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SERHANT PENNSYLVANIA LLC

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9179687848

Last updated September 03, 2025

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Source: BrightMLS #PAPH2457774

Listing Facts

  • TypeSingle-family
  • NeighborhoodOld City
  • Bedrooms4
  • Bathrooms6
  • Days on Prevu178
  • HOA/Maint. Fees$265/month
  • Taxes$7,368/year
  • Size5,057 sqft
  • Price per sqft$316

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/04/2025
Price Decreased
$1,600,000
09/02/2025
Status changed to Active
$1,695,000
09/01/2025
Status changed to Removed from Feed
$1,695,000
07/14/2025
Status changed to Active
$1,695,000
07/14/2025
Price Decreased
$1,695,000
07/08/2025
Status changed to Removed from Feed
$1,750,000
05/19/2025
Price Decreased
$1,750,000
03/15/2025
Listed by SERHANT PENNSYLVANIA LLC
$1,825,000

Property Details for 48 N 3rd Street 3

Association

Fees

  • Association Fee: $265.00 Monthly
  • Association Fee Includes: Common Area Maintenance, Ext Bldg Maint

Exterior

Construction

  • New Construction: No
  • Property Condition: Excellent
  • Year Built: 2019
  • Architectural Style: Straight Thru
  • Construction Materials: Mixed
  • Exterior Features: Roof Deck

Features

  • Other Structures: Above Grade, Below Grade
  • View: Courtyard, Garden/Lawn, Scenic Vista
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.02
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 711
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $7,368.00
  • Tax Year: 2022

Interior

Features

  • Appliances: Commercial Range, Dual Flush Toilets, Oven/Range - Gas, Six Burner Stove, Stainless Steel Appliances
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Features: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Wine Storage

Measurements

  • Living Area: 5,057
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 4

Other

General

  • Senior Community: No

Location

  • Subdivision Name: OLD CITY

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Fenced, Secure Parking

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.