Welcome to 137 Palsgrove Way, a spectacular five bedroom, three & one half bath Colonial home located in the highly sought after Reserve at Eagle community of Chester Springs. This well-appointed home has been meticulously cared for by its original owners and offers many high-end finishes including 9 ft ceilings, lovely Palladian windows, striking millwork and classic plantation shutters. The grand entrance foyer showcases a soaring ceiling and elegant turned staircase and opens to the stately formal living room boasting a two-story ceiling and abundant windows providing tons of natural light. Beautiful hardwood flooring flows through most of the main floor. The gracious formal dining room is adjacent to the huge, gourmet, eat-in kitchen boasting raised panel cabinetry with crown molding, a center island, gleaming granite countertops, tiled backsplash and walk-in pantry. Light-filling sliding glass doors lead to the stunning, expansive paver patio with retaining wall overlooking the fenced in rear grounds. An ideal spot for entertaining or just relaxing. Back inside, the delightful family room is open to the kitchen and highlighted by lots of windows and a stone, wood-burning fireplace with raised hearth. A nice office, tastefully decorated powder room, convenient laundry room and access to the three-car garage complete the main level of this immaculate home. Upstairs you'll find the divine master suite featuring a tray ceiling, two walk-in closets and luxurious master bath with vaulted ceiling & two separate vanities. A separate ensuite with a walk-in closet and private bath is the ideal setup for an in-law/au pair suite. Three additional nicely sized bedrooms are serviced by the full hall bath completing the upper level of this phenomenal home. The lower level is home to a huge walk-out basement offering tremendous storage & endless possibilities. Many architectural elements along with 9 ft ceilings, a gorgeous kitchen, handsome hardwood flooring, two ensuites, abundant windows & natural light, amazing paver patio, substantial sq footage and so much more all combine to make this distinctive, turn-key property a wonderful place to call home. A short stroll to the community clubhouse with pool & playground and just minutes to Marsh Creek State Park and local shopping & dining. Conveniently located near major routes and the Exton & Downingtown train stations. All this plus the top ranked Downingtown Area School District. This is the one. Welcome home!