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.
Coming soon 06/20
$500,000
240 University Rd, Lincoln University, PA 19352
5beds
2,870sqft
Single Family Residence
Built in 1800
4.8 Acres Lot
$480,900 Zestimate®
$174/sqft
$-- HOA
What's special
- 2 days |
- 580 |
- 75 |
Zillow last checked:
Listing updated:
Listed by:
Charlie Graef 302-239-7924,
RE/MAX Associates-Hockessin 3022343800
Source: Bright MLS,MLS#: PACT2128682
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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
Estimated market value
$480,900
$423,000 - $543,000
$3,290/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2019 | Sold | $220,000-11.6%$77/sqft |
Source: Agent Provided Report a problem | ||
| 9/18/2019 | Listed for sale | $249,000-25.4%$87/sqft |
Source: Patterson-Schwartz Real Estate #PACT489374 Report a problem | ||
| 4/20/2017 | Sold | $334,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $133,660 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19352
Nearby schools
GreatSchools rating
- NAElk Ridge SchoolGrades: 1-2Distance: 3.5 mi
- 5/10Penn's Grove SchoolGrades: 7-8Distance: 3.9 mi
- 7/10Oxford Area High SchoolGrades: 9-12Distance: 4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Chester County
- Lincoln University
- 19352
- 240 University Rd
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