5 LANTERN LANE, MALVERN, PA 19355

$499,900

Here is a rare opportunity to own a single-family home in the Great Valley School District that may be less than your monthly rent! This home was recently appraised for $525k but priced to sell clean and quickly! It needs some updating but it has been well-maintained by the same… Read More owners for decades including two large additions! Located on a cul-de-sac with off-street parking are two bonus features that give this home a nice first impression. As you enter the covered front porch, you'll see mature landscaping that you can expand or reduce to any degree you want. You enter into the huge Living Room with hardwood floors. On this main level and to your right are two bedrooms that were extended during the most recent addition in 2005 including a very large primary bedroom. a0;A shared, Hall bathroom completes this part of the home. On the other side of the Living Room is the kitchen which is move-in ready or you can update at your own pace. Walk through the kitchen and you'll find the second addition (built in 1981) which is a huge Dining Room with hardwood floors and a sliding door to the large, 18'x12' deck. If you go downstairs, you'll find a storage, utility and laundry area which opens into two additional bedrooms with their own individual, wall-mounted, gas heaters! The first bedroom has its own half bathroom and built-in closets with a door that leads to a large, dry, unfinished room with egress windows to the yard. This extra room is perfect for storage or could be finished for a game room or office or whatever else you can imagine since it already has HVAC feeds. On the other side of the unfinished area is the fourth bedroom that also has a private half bathroom and exterior door to the driveway. a0;You'll have peace of mind with many features including a newer roof that was replaced in 2014. The gas water heater was replaced in 2022 and all windows have been replaced over the years of current ownership. You can move into this home immediately or you may choose to update at your own pace with your own decor. Either way, this Malvern single home is in the award-winning Great Valley School District and priced to sell quickly so don't wait to book your showing! The current owner wants you to enjoy this home as much as they did over the past 74 years, so hurry in and bring your imagination! Read Less

Courtesy of Ryan E Scott, Long & Foster Real Estate, Inc. 610-696-1100

Listing Snapshot

Days Online

Last Updated

Aug 3, 2026

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

1,656

Lot Size

0.41 Acres

Year Built

1952

MLS Number

PACT2131888

Additional Details

Basement

Daylight, Partial, Full, Improved, Interior Access, Outside Entrance, Partially Finished, Side Entrance, Walkout Level, Windows

Building

Built in 1952, Living area: 1656, Building faces Southwest, Levels: 2, Construction Materials: Vinyl Siding

Cooling

Central A/C

Accessibility Features

None

Foundation

Block

Heating

Forced Air

Lot

0.41 acres, Dimensions: 0.00 x 0.00

Property

Other structures: Above Grade, Below Grade

Roof

Pitched, Shingle

Sewer

Public Sewer

Taxes

Annual Amount: $3,957, Lot: 0022, Year: 2026, Zoning: R10

Utilities

Water Source: Public

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