240 UNIVERSITY ROAD, LINCOLN UNIVERSITY, PA 19352

$500,000

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… Read More 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. Read Less

Courtesy of Charles P Graef, RE/MAX Associates-Hockessin 302-234-3800

Listing Snapshot

Days Online

Last Updated

Jun 20, 2026

Property Type

Single Family Residential

Beds

Full Baths

Square Ft.

2,870

Lot Size

4.8 Acres

Year Built

1800

MLS Number

PACT2128682

Additional Details

Basement

Dirt Floor

Building

Built in 1800, Living area: 2870, Levels: 2, Construction Materials: Stucco

Cooling

None

Accessibility Features

None

Exterior Features

Patio/Porch Features: Porch(es), Outbuilding(s)

Foundation

Stone

Garage

3 spaces

Heating

Forced Air

Lot

4.8 acres, Open

Property

Other structures: Above Grade, Below Grade, Pond

Roof

Metal

Sewer

On Site Septic

Taxes

Annual Amount: $4,814, Year: 2025, Zoning: R1

Utilities

Water Source: Well, 100 Amp Service

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