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Prince Albert of Monaco has made a trip to Philadelphia to inspect the house he recently purchased: the home where his mother, Oscar-winning actress Grace Kelly, grew up and accepted a marriage proposal from his father, Prince Rainier III.

Albert spent nearly an hour inside the home Tuesday before also walking around the property, purchased for $754,000. He made no public statements.

His cousin, John B. Kelly III, says the prince came to kick around ideas about what to do with the 2.5-story Colonial home.

Kelly says it’s possible the home could house the prince’s charitable foundation. He says it’s also possible it could be used to showcase to the public things that were of interest to Princess Grace. But opening it as a full-time museum is unlikely.