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MLS: #PACT2128682, Listed By: Charles Graef, RE/MAX Associates-Hockessin, Source:Bright MLS

240 University Road

LINCOLN UNIVERSITY, PA 19352
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Bed 5

Bed

Bath 2

Bath

SqFt2,870

Sqft

Acres4.80

Acres(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $500,000

AD Id : 85144095

MLS Id : PACT2128682

Beds : 5

Lot Size : 4.80 Acres

Living Area Size : 2,870

Year Built : 1800

Garage : 3

County : CHESTER

Subdivision: None Available

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 9 Has Basement: Yes Basement: Dirt Floor
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Forced Air Cooling: None

  • Building Information

    Year Built: 1800 Building Area Total: 2870 Construction Materials: Stucco Patio And Porch Features: Porch Pool Features: None Private Pool: No Water front Features: Pond View: Water, Pond

  • Lot Information

    Lot Size Acres: 4.8 Lot Size Source: Estimated Lot Size Square Feet: 209088 Lot Description: Cleared

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 1607 Property SubType: Single Family Residence Levels: Two Property Age: 226

  • Listing Price Information

    Listing Price: $500000

  • Tax Information

    Parcel Number: 57-07 -0014.000E Tax Year: 2025 Annual Tax: $4814

  • Parking Information

    Parking Total: 3 Garage, Detached

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: Newark Rd (896) north from Rt 1, left on Pennsgrove Road, right on University Road, home on the left. WaterSource: Well
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Nearby Home Value

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Chesterville Road, Lincoln University, PA, 19352 $1,500,000 5 4 --
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47 Pennbrook Drive, Lincoln University, PA, 19352 $589,900 4 3 2,872 2,872 SqFt
206 Fox Run Lane, Lincoln University, PA, 19352 $679,900 4 4 3,391 3,391 SqFt
440 Commonwealth Drive, Lincoln University, PA, 19352 $700,000 4 4 3,284 3,284 SqFt
144 Shepherd Lane, Lincoln University, PA, 19352 $575,000 4 4 2,803 2,803 SqFt
129 Great Oak Drive, Lincoln University, PA, 19352 $835,000 4 3 3,770 3,770 SqFt
1210 Thunder Hill Road, Lincoln University, PA, 19352 $689,900 4 3 3,066 3,066 SqFt
3 Owenwood Drive, Lincoln University, PA, 19352 $524,000 4 3 2,116 2,116 SqFt
401 Bobs Lane, Lincoln University, PA, 19352 $700,000 4 4 3,289 3,289 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 01:17

MLS: PACT2128682 LISTED BY: Charles Graef, RE/MAX Associates-Hockessin 302-234-3800 SOURCE: Bright MLS

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