240 University Road

Closed 7/22/26

Sold

Last Sold Price

$490,000

5 beds2 baths2,870 sqft$171/sqft

240 University Rd, Lincoln University, PA 19352

Single FamilyProperty Type

4.8 acresLot Size

1800Year Built

$171/sq ftPrice per sq ft

3 carsParking Spaces

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,...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.

Listed by: Charles P Graef 302.239.7924 charles@charlesgraef.com • RE/MAX Associates-Hockessin

Listing closed: 07/22/2026 12:00 AM • Source: BRIGHT, MLS#: PACT2128682

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Location

Listing Courtesy of RE/MAX Associates-Hockessin

Sold By BHHS Fox & Roach-Chadds Ford

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$2,892 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,491

Property Taxes

$401

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Property Information for 240 University Road

Property Details

Taxes: $4,814 / year
MLS Type: Residential / Fee Simple
County: Chester County
Tax ID Number: 57-07 -0014.000E
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Detached
Style: Colonial, Traditional
Levels/Stories: 2
Waterfront: No
Views: Pond
Garage: Yes
Expected On Market Date: 06-20-2026
Subdivision: NONE AVAILABLE
Subdivision: NONE AVAILABLE (CHESTER PA)
Building Name: NONE AVAILABLE (LINCOLN UNIVERSITY PA)
Cross Street: Pennsgrove Road
Municipality: UPPER OXFORD TWP
Total Parking Spaces: 3
Central Air: No
Basement: Yes
Room Count: 9
Above Grade Finished SQFT: 2,870.00
Above Grade Fin SQFT Source: Estimated
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Estimated
Total Below Grade SQFT: .00
Total Below Grade SQFT Source: Estimated
New Construction: No

Building Information

Stories: 2
Year Built: 1800
Lot Size: 4.80 AC / 209,088 SF

Location

School District Name: OXFORD AREA
School District County ID: 300200397339

SchoolDistrictSource: Listing Agent
County: CHESTER
MLS Area: Upper Oxford Twp (10357)

Waterfront / Water Access

Water View: Yes
Water Access: No

Water Oriented: Yes
Navigable Water: No
Tidal Water: No
Water Body Type: Pond
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2025
Tax Assessed Value: $133,660

Year Assessed: 2025
Improvement Assessed Value: $106,150
Land Assessed Value: $27,510
Zoning: R1
Tax Page Number: 0617
Automatically Update Tax Values Y/N: No

Rooms

Main

# Bathrooms Count Main Level: 1
# Bathrooms Full Main Level: 1

All Upper Levels

# Bedrooms Count All Upper Levels: 5
# Bathrooms Count All Upper Levels: 1

# Bathrooms Full All Upper Levels: 1

Upper Level 1

# Bedrooms Count Upper Level: 5
# Bathrooms Count Upper Level: 1

# Bathrooms Full Upper Level: 1

Rooms

Stories: Main, Upper 1

Building Info

Total Finished SQFT: 2,870.00
Total Finished SQFT Source: Estimated

Total SQFT: 2,870.00
Total SQFT Source: Estimated
Construction Materials: Stucco
Roof: Metal
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8050/5858/8224/805058588224_512_384_WM_7ul9sIQ98akqWs-t.jpg
Basement Type: Dirt Floor
Foundation Details: Stone
Room and Floor: Bathrooms Full-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bathrooms Full-Upper Level 1-1
# Bathrooms Full: 2
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Estimated
Lot Features: Open

Location Type: Rural
Parcel ID: 361678

Parking

Type Of Parking: Detached Garage
Num of Detached Garage Spaces: 3

Total Garage Spaces: 3
Garage Features: Garage - Front Entry

Interior Features

Accessibility Features: None

Exterior Features

Spa: No
Exterior Features: Outbuilding(s)

Outdoor Living Structures: Porch(es)
Pool: No Pool

Utilities

Heating: Yes
Cooling Type: None

Cooling Fuel: None
Heating Type: Forced Air
Heating Fuel: Oil
Hot Water: Electric
Water Source: Well
Sewer Septic: On Site Septic
Electric Service: 100 Amp Service

Confidential Data

Listing Office

List Agent AOR: New Castle County Board of REALTORS

Property History for 240 University Road

Date	Event & Source	Price	Appreciation
Jul 22, 2026	Closed BRIGHT #PACT2128682	$490,000	—
Jun 22, 2026	Pending BRIGHT #PACT2128682		—
Jun 20, 2026	Listed (Active) BRIGHT #PACT2128682	$500,000	—
Dec 31, 2019	Closed BRIGHT #PACT489374	$220,000	—
Oct 6, 2019	Pending BRIGHT #PACT489374		—
Sep 16, 2019	Listed (Active) BRIGHT #PACT489374	$249,000	—
Sep 30, 1999	Expired BRIGHT #PACT301864	$165,000	—
Jul 1, 1998	Listed (Active) BRIGHT #PACT301864	$174,500	—

Date	Event & Source	Price
07/22/2026	Closed BRIGHT #PACT2128682	$490,000
06/22/2026	Pending BRIGHT #PACT2128682	—
06/20/2026	Listed (Active) BRIGHT #PACT2128682	$500,000
12/31/2019	Closed BRIGHT #PACT489374	$220,000
10/06/2019	Pending BRIGHT #PACT489374	—
09/16/2019	Listed (Active) BRIGHT #PACT489374	$249,000
09/30/1999	Expired BRIGHT #PACT301864	$165,000
07/01/1998	Listed (Active) BRIGHT #PACT301864	$174,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 240 University Road

Taxable ValueLand$27,510Additions$106,150Total$133,660

Tax Record2020$4,855 ($405 / month)

Home Facts

Beds5Baths1Total Finished SqFt2,870 SqFtAbove Grade Finished SqFt2,870 SqFtStories2Lot Size209,088 SqFtStyleSingle Family ResidenceYear Built1800ZoningR1CountyCHESTERAPN5707 00140000Fireplace TypeHas Fireplace

Schools near 240 University Road

This home is within Oxford Area School District.


Rating	School	Type	Grades	Distance
NR	Elk Ridge School	Public - Serves this home	1 to 2	3.5 mi
8/10	Nottingham School	Public - Serves this home	3 to 4	3.8 mi
8/10	Hopewell El School	Public - Serves this home	5 to 6	3.9 mi
5/10	Penn's Grove School	Public - Serves this home	7 to 8	3.9 mi
7/10	Oxford Area High School	Public - Serves this home	9 to 12	4.0 mi


Rating	School	Distance
NR	Elk Ridge School Public1 to 2 Serves this home	3.5 mi
8/10	Nottingham School Public3 to 4 Serves this home	3.8 mi
8/10	Hopewell El School Public5 to 6 Serves this home	3.9 mi
5/10	Penn's Grove School Public7 to 8 Serves this home	3.9 mi
7/10	Oxford Area High School Public9 to 12 Serves this home	4.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 240 University Road, Lincoln University, PA 19352	$490,000	5	2	2,870	209,088
246 University Road, Lincoln University, PA 19352	$288,900	–	–	–	1,019,304
210 University Road, Lincoln University, PA 19352	$150,000	4	3	3,648	87,120
515 Pennsgrove Road, Lincoln University, PA 19352	–	5	3	3,576	209,088
200 University Road, Lincoln University, PA 19352	$392,980	–	–	–	–
605 Pennsgrove Road, Lincoln University, PA 19352	–	4	2	2,422	100,188
625 Pennsgrove Road, Lincoln University, PA 19352	–	3	3	2,016	91,476
190 University Road, Lincoln University, PA 19352	$432,500	4	6	3,834	87,120
546 Pennsgrove Road, Lincoln University, PA 19352	$325,000	4	3	2,722	95,832
526 Pennsgrove Road, Lincoln University, PA 19352	$220,000	3	3	–	91,476
3455 Newark Road, Lincoln University, PA 19352	–	–	–	–	2,090,880
635 Pennsgrove Road, Lincoln University, PA 19352	$174,900	4	3	–	91,476
506 Pennsgrove Road, Lincoln University, PA 19352	$262,000	3	1	1,120	65,340
180 University Road, Lincoln University, PA 19352	–	–	–	–	134,078
645 Pennsgrove Road, Lincoln University, PA 19352	$331,400	4	3	2,133	91,476
120 Windemere Lane, Lincoln University, PA 19352	–	3	3	2,260	87,120

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Listing Courtesy of RE/MAX Associates-Hockessin

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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