240 University Road
Lincoln University, PA, 19352 $ 500,000
Bedrooms5 Baths2.0 Sq 2,870 Monthly Estimate*
$ 3,079
for $500,000 with 5 bedrooms and 2 full baths. This 2,870 square foot home was built in 1800 on a lot size of 4.8.
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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FeaturesGeneralLiving Area 2870
Sewer On Site Septic
Heating Forced Air
Cooling None
Possession Immediate
Roof Metal
Zoning R1
Garage Spaces 3.00
Patio/Porch Features Porch(es)
Architectural Style Colonial Traditional
Construction Materials Stucco
School District OXFORD AREA
Year Built 1800
Electric 100 Amp Service
View Pond
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality UPPER OXFORD TWP
Building Name NONE AVAILABLE
Accessibility None
County CHESTER
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 9
Full Baths 2
Status ACTIVE
Directions Newark Rd (896) north from Rt 1 left on Pennsgrove Road right on University Road home on the left.
City LINCOLN UNIVERSITY
Senior Community Y/N N
MLS Area Upper Oxford Twp (10357)
Lot Size Units Square Feet
Lot Size Square Feet 209088.00
Tax Annual Amount 4814.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 174.22
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Location Type Rural
Standard Status Active
Year Built Source Estimated
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InteriorHeating Fuel Oil
Basement Dirt Floor
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Above Grade Finished Area 2870
Central Air Y/N N
Total Bedrooms 5
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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ExteriorExterior Amenities Outbuilding(s)
Pool No Pool
Lot Features Open
Water Source Well
Garage Features Garage - Front Entry
Type of Parking Detached Garage
Foundation Details Stone
Spa N
Water View Y/N Y
Lot Size Acres 4.80
Water Body Type Pond
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 27510.00
Navigable Water Y/N N
Water Oriented Y/N Y
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* Excluded FeaturesList ByRe/Max Associates-HockessinBroker
charles@charlesgraef.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,079
- Monthly Property Taxes
- $401
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lincoln University, PA
Average List Price $661,141
Percent of Sale Price 32%
About Lincoln University, PA 1,768 Population
37% Since 2002
$ 71,932 Median Income
21.26 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
2137123 Elementary School
2136592 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $500,000 | | Listed Price |