240 UNIVERSITY RD, Lincoln University, PA 19352

• 5 beds |
• 2 baths |
• 2,870 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 20, 2026

Data Last Updated:

June 23, 2026 at 10:17PM

Listing Office:

RE/MAX Associates-Hockessin : 3022343800

Listing Agent:

Charles P Graef : 3022397924

MLS ID:

PACT2128682

Interior

• Basement: Dirt floor
• A/C: None
• Heating: Forced AirOil
• Disability Feature: None

Exterior

• General: Outbuilding(s)Above GradeBelow Grade
• Style: ColonialTraditional
• Other Structures: Porch

Construction

• Roofing: Metal
• General: Stucco2Stone

Location

• Originating MLS: BRIGHT_MAIN
• School District: OXFORD AREA
• County: CHESTER-PA

Lot

• Zoning: R157-07 -0014.000E
• View: Pond

Utilities

• Utilities: 100 amp service
• Water: Well
• Sewer: On Site Septic

Financial

• Source: BRIGHT_MAIN