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.
Single-familyProperty Type
1800Year Built
4.8 acresLot Size
$171Price/Sq.Ft.
3 car garageParking
Listed by Charlie Graef• RE/MAX Associates-Hockessin
•302-234-3800 (broker)
•john@johnwford.com (broker)
Bought with Diane Runge• BHHS Fox & Roach-Chadds Ford
Est. $2,489 per month, based on comparable rentals
Sale and tax history for 240 University Rd
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #PACT2128682
Jul 22, 2026
Sold
$490,000
$171/sq ft
Jun 25, 2026
Pending
—
Jun 20, 2026
Listed
$500,000
$174/sq ft
Jun 17, 2026
Coming Soon
$500,000
$174/sq ft
BRIGHT MLS #PACT489374
Dec 31, 2019
Sold
$220,000
$77/sq ft
Oct 30, 2019
Pending
—
Oct 8, 2019
Contingent
—
Sep 27, 2019
Relisted
—
Sep 23, 2019
Contingent
—
Sep 18, 2019
Listed
$249,000
$87/sq ft
+24
Investor Alert! Many opportunities with the purchase of this unique home with plenty of open space. Built in 1800, this 5 bedroom, 2 bath home needs work so bring your imagination and creativity. This used to be a working farm many years ago. The possibilities are many - you could renovate it and bring back the old farmhouse charm, or you could possibly split it back into a duplex - as it was for a number of years, and live in one side and rent the other. The home, with gorgeous pond views, has over 2,800 square feet with a detached 1,400 square foot 3 car garage, with electric meter. New hot water heater (2018). New oil tank (2018), New chimney liner (2017), Newer heater (2012). All of this on 4.8 acres. Possibility of subdivision into 2 lots. Great investment opportunity! Conveniently located with easy access to Rt 1. Property being sold "as-is". Property does qualify for USDA financing. Realtor is related to the sellers.
Public Records
Jun 24, 2003
Sold
$72,000
$25/sq ft
BRIGHT MLS #PACT301864
Sep 30, 1999
Listing Removed
—
Jul 1, 1998
Listed
$165,000
$57/sq ft
Public Records
Feb 4, 1991
Sold
$140,000
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2020
$4,856 (+0.9%)
$27,510 + $106,150
$133,660
2019
$4,814
$27,510 + $106,150
$133,660
2018
$4,814 (+0.9%)
$27,510 + $106,150
$133,660
2017
$4,772 (+2.3%)
$27,510 + $106,150
$133,660
2015
$4,664
$27,510 + $106,150
$133,660
2014
$4,667 (+0.6%)
$27,510 + $106,150
$133,660
2013
$4,640 (+2.1%)
$27,510 + $106,150
$133,660
2012
$4,546
$27,510 + $106,150
$133,660
2011
$4,546
$27,510 + $106,150
$133,660
2010
$4,546
$27,510 + $106,150
$133,660
Public record
Beds
5
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
4.8 Acres
Year renovated
—
Sq. Ft.
2,870
Year built
1800
Style
Single Family Residential
County
Chester County
APN
5707 00140000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2025.
Property details
Parking
Parking Information
# of Detached Garage Spaces: 3
Garage Features: Garage - Front Entry
# of Total Garage and Parking Spaces: 3
Has Garage
# of Garage Spaces: 3
Detached Garage
Interior
Bedroom Information
# of Bedrooms On 1st Upper Level: 5
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2
Interior Information
Living Area Sq.Ft. Source: Estimated
Room Information
# of Rooms: 9
Basement Information
Basement: Yes
Dirt Floor
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $106,150
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Building Name: NONE AVAILABLE
Construction Materials: Stucco
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Porch(es)
Roof: Metal
Structure Type: Detached
Exterior Information
Outbuilding(s)
Lot Information
Lot Features: Open
Has Water View
Tidal Water: No
Land Information
Land Assessed Value: $27,510
Above Grade Information
Finished Sq.Ft.: 2,870
Finished Sq.Ft. Source: Estimated
Below Grade Information
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $133,660
Tax Year: 2025
Tax Annual Amount: $4,814
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
100 Amp Service
Forced Air
Heating Fuel: Oil
Hot Water: Electric
Sewer Septic: On Site Septic
Water Source: Well
Location
School Information
School District Name: OXFORD AREA
School District Source: Listing Agent
Location Information
Cross Street: Pennsgrove Road
Directions: Newark Rd (896) north from Rt 1, left on Pennsgrove Road, right on University Road, home on the left.
Location Type: Rural
Municipality: UPPER OXFORD TWP
Waterfrontage Information
Water Oriented
Water Body Type: Pond
Public facts
Beds: 5
Baths: 1.0
Sq. Ft.: 2,870
Stories: 2.0
Lot Size: 4.8 acres
Style: Single Family Residential
Year Built: 1800
Year Renovated: —
County: Chester County
APN: 5707 00140000
Home facts updated by county records on Aug 2, 2025
Around this home
Schools
Elk Ridge School
Public 1-2 • Assigned • 3.5mi
Penn's Grove School
Public 7-8 • Assigned • 3.9mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lincoln University, PA • 19352
Average low and high temperatures (°F)
34
20
39
24
57
36
65
44
70
53
82
63
86
69
79
60
76
58
67
45
55
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$494,000 – $598,000
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