Great new PRICE REDUCTION makes this fabulous contemporary on approximately 1.5 acres in sought after Penn Valley even better! This property boasts everything you are looking for in your next home, including an open main level with hardwood floors, a chef's delight kitchen, a pool, multiple levels of great interior space, and MORE, all in a wonderful Lower Merion location that offers both privacy and accessibility. From the two-story foyer, light permeates throughout the entire open main level. Accented by a massive, over-door window, the impressive foyer sports an industrial-vibe chandelier and 3 closets. From the foyer, advance to the living room area w/fireplace, the dining area w/high, angled ceiling and pendant lighting, and the family room area that accesses a covered deck overlooking pool. Continue into the dream kitchen, where seating abounds at the 10-foot island. Among the other superb offerings of this magnificent kitchen are extensive wood cabinetry; 6- burner Garland stove with double ovens, grill, heat lamps and commercial blower/vent; stainless steel refrigerator; double sink plus additional full-sized sink, both with garbage disposals; wall of built-in shelves and desk; wine refrigerator; built-in microwave; breakfast area which accesses powder room and back steps down to pool, and French doors to pergola-covered front patio. Up 3 steps from foyer is hardwood-floored hallway to marble tub/shower bath and 3 substantial bedrooms, one with hardwood floors and en suite bath. Another iron-railing stairwell leads you to a walkway with industrial-patterned iron railing which overlooks foyer and living area, offers another large storage closet, and connects to the master bedroom in one direction and additional finished attic storage in the other. Light and bright, the master suite boasts windows on two walls, a room-sized closet with organizers and a stacked washer/dryer, and a slate bath with shower, jetted tub, double vanity, commode room and outside exit to balcony. The finished lower level provides an expansive family/game room, wet bar, full bath, additional bedroom/office w/outside entrance, sun room that exits directly to pool, laundry room, storage room and access to 2-car garage. This fun Lower Merion contemporary offers both a vacation-like escape and the practicality of easy access to city, great schools, shopping and all major highways. Safety door alarms engage when doors accessing pool area are opened.