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Coming soon 06/20
  • $500,000

    240 University Rd, Lincoln University, PA 19352

    5beds
    2,870sqft
    : 
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    Single Family Residence
    Built in 1800
    4.8 Acres Lot
    $480,900 Zestimate®
    $174/sqft
    $-- HOA

    What's special

    Historic Chester County Farmstead on 4.8 Acres. Believed to date back to the late 1700s or early 1800s, this unique property offers scenic pond views, a substantial detached garage/shop building, possible subdivision potential, and a rare chance to restore a piece of the region's agricultural heritage. Nestled in the heart of horse and farm country, the property combines historic character, open space, and a setting that is increasingly difficult to find. The home appears to have evolved over generations, beginning as a smaller farmhouse and later expanding into the substantial stone residence seen today. Evidence of its early origins remains throughout the property, including hand-hewn timber floor joists fashioned from whole logs, rough-cut lumber, and massive stone walls measuring over two feet in thickness. A covered well foundation remains visible in the basement, providing a fascinating glimpse into the property's long history. Offering approximately nine rooms, including five bedrooms and two full baths, the home is rich in character and architectural details that simply cannot be replicated in modern construction. Historic home enthusiasts will appreciate the opportunity to restore and preserve the property's original character while creating a truly special country residence. Outside, the property truly shines. Mature shade trees, open lawn areas, scenic pond views, and surrounding farmland create a peaceful backdrop that can be enjoyed throughout the seasons. While the parcel consists of approximately 4.8 acres, the neighboring farms and open countryside create the feeling of owning a much larger estate without the maintenance responsibilities that often accompany larger tracts of land. A substantial approximately 1,400-square-foot detached garage/shop building provides excellent space for vehicles, equipment, storage, hobbies, workshop use, or future projects. Significant improvements have already been completed, including a standing seam metal roof installed within the past four years and electrical service upgrades, providing an excellent foundation for future restoration efforts. The property may offer subdivision potential. Based upon current zoning requirements, the parcel appears large enough to support division into two lots, subject to buyer verification, soil evaluations, surveying, and all governmental approvals. While the home would benefit from updating and restoration, its historic character, acreage, pond views, detached garage, recent capital improvements, and remarkable setting create an exceptional foundation for the next steward of this unique property. Whether you are searching for a historic homestead, country retreat, restoration project, or simply a property with a story to tell, this remarkable farmstead presents a truly unique opportunity to own a piece of Southern Chester County history. Property is served by private well water, oil-fired heat, and electric hot water. Property is being sold in as-is condition. Buyers are encouraged to perform their own due diligence regarding the property's age, condition, systems, subdivision potential, and intended uses.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Charlie Graef 302-239-7924,

    RE/MAX Associates-Hockessin 3022343800

    Source: Bright MLS,MLS#: PACT2128682MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Forced Air, Oil
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Basement: Dirt Floor
      • Has fireplace: No
      Interior area
      • Total structure area: 2,870
      • Total interior livable area: 2,870 sqft
      • Finished area above ground: 2,870
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Faces Front, Detached
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Pool features: None
      • Has view: Yes
      • View description: Pond
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Pond
      Lot
      • Size: 4.8 Acres
      • Features: Open Lot, Rural
      Details
      • Additional structures: Above Grade, Below Grade, Outbuilding
      • Parcel number: 5707 0014.000E
      • Zoning: R1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Stone
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1800

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: On Site Septic
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Lincoln University
      • Municipality: UPPER OXFORD TWP

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $133,660
      • Annual tax amount: $4,814
      • Date on market: 6/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,Cash
      • Ownership: Fee Simple
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        Estimated market value

        $480,900

        $423,000 - $543,000

        $3,290/mo

        Price history

        DateEventPrice
        12/31/2019Sold$220,000-11.6%$77/sqft
        Source: Agent Provided Report a problem
        9/18/2019Listed for sale$249,000-25.4%$87/sqft
        Source: Patterson-Schwartz Real Estate #PACT489374 Report a problem
        4/20/2017Sold$334,000$116/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,697 +1.5%$133,660
        2024$5,615 +2.2%$133,660
        2023$5,495 +3.6%$133,660
        2022$5,305 +3.3%$133,660
        2021$5,133 +289.2%$133,660
        2020$1,319 -72.6%$133,660
        2019$4,814 $133,660
        2018$4,814 +9900.2%$133,660
        2017$48 -98.9%$133,660
        2016$4,207 $133,660
        2015$4,207 $133,660
        2014$4,207 $133,660
        2013-- $133,660
        2012-- $133,660
        2011-- $133,660
        2010-- $133,660
        2009-- $133,660
        2008-- $133,660
        2007-- $133,660
        2006-- $133,660
        2005-- $133,660
        2004-- $133,660
        2003-- $133,660
        2000-- $133,660

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 19352

          Getting around

          1 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Oxford Area

          Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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