Penshyre Place in Souderton
Penshyre Place is Keystone Custom Homes’ community of five homesites of up to an acre on West Cherry Lane in Souderton, with 13 floor plans from $823,200 to $897,529. No finished homes are listed, so every home here is built to order.
There is no model on site. Keystone’s model for Penshyre Place is the model home for sale at Millstone at Parkside in Quakertown, shown by appointment.
Want current pricing and homesite availability at Penshyre Place? Text or call us at 267-458-2438 or email josh@themcknightteam.com. We register you with Keystone Custom Homes so your representation is on record, and we pull the current quick move-in list and delivery dates for you.
What Keystone Has Published About Penshyre Place
Keystone lists the community on West Cherry Lane, Souderton PA 18964, with five homesites of up to one acre. It points to downtown Souderton a few minutes away and to the PA Turnpike and Route 309.
Keystone does not publish a street number for any homesite, so we could not pull a county parcel record. The map location Keystone publishes for Penshyre Place falls in Franconia Township and the Souderton Area School District, according to U.S. Census boundary data, and Keystone’s own page names the Souderton district. Confirm the township on your agreement of sale.
Keystone does not publish an association fee.
Thirteen Plans, $74,329 From Smallest to Largest
The least expensive plan is the Arcadia, three bedrooms and two baths at 1,982 square feet, at $823,200. The largest is the Devonshire, four to seven bedrooms at 4,016 square feet and up, at $897,529. That is $74,329 for 2,034 more square feet.
Per square foot, the Arcadia runs about $415 and the Devonshire about $223. The price per foot falls as the plans get larger, so if you are deciding between two sizes, price both.
A few plans in between: the Woodford at $831,128 for 2,468 square feet, the Savannah at $833,797 for 2,748, the Magnolia at $845,748 for 2,953 and the Covington at $860,365 for 3,405.
One small thing to flag: Keystone’s community listing says from $822,685. The lowest plan price it lists is $823,200, which is $515 higher. Go by the plan price.
The Same Plans Cost Less in Perkasie
Every one of the 13 plans offered here is also offered at Enclave at Everleigh Woods in Perkasie, and every one costs more here, by $9,738 to $29,382 depending on the plan.
What Penshyre Place offers in return is room: five homesites of up to an acre, against 24 averaging about a fifth of an acre at Everleigh Woods.
What $823,200 Means in Souderton
The typical Souderton home is worth $467,987, up 2.3 percent over the past year, through August 31, 2026 (Zillow data). Penshyre Place opens about 76 percent above that. More on the local market is on our Souderton real estate page.
What This Means for You
With only five homesites, ask which remain and what each one adds to the price before you choose a plan.
If the plan is the reason, price the same plan at Everleigh Woods first.
Register with us before your first visit. Keystone pays the buyer agent fee from its own marketing budget, so representation costs you nothing and the home does not get cheaper without it. Let’s talk.
Selling a home to buy here? Find out what your current home would sell for before the builder sets your closing date. Or text 267-458-2438 and we will map both timelines together.
Frequently Asked Questions About Penshyre Place
Where is Penshyre Place?
Keystone lists it on West Cherry Lane, Souderton PA 18964, in Montgomery County. The map location Keystone publishes falls in Franconia Township and the Souderton Area School District, which sets the school portion of the property tax bill. The model home is at 1849 Enclave Drive in Quakertown, by appointment.
What is available at Penshyre Place right now?
As of September 22, 2026, no finished homes are listed. Every home is built to order from one of the 13 plans on one of the five homesites.
How much are homes at Penshyre Place?
Plans start at $823,200 for the Arcadia and run to $897,529 for the Devonshire, before homesite premiums and options. No association fee has been published.
Do I need my own agent to buy at Penshyre Place?
No, and the sales team will write your contract without one. That team works for Keystone Custom Homes. The builder pays the buyer agent fee from its marketing budget, so bringing your own representation costs you nothing and skipping it does not lower the price. Register with your agent on your first visit, since most builders will not pay a fee to an agent introduced later. Let’s talk.
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