Welcome to 415 School Lane, a rare opportunity to own a charming ranch home on a beautiful . 49-acre lot in the heart of Wayne. Offering 1,819 square feet of above-grade living space, this four-bedroom, two-and-one-half-bath home provides comfortable one-floor living today while presenting an exceptional array of possibilities for the future. Whether you are looking for a home with a first-floor primary bedroom, envisioning an expansion to create additional living space, considering a renovation or transformation, or dreaming of building a completely new custom residence, this property offers the flexibility to make it your own. The existing home features a welcoming layout with four bedrooms, including a first-floor primary suite, two full and one-half bathrooms, and generously sized living areas. A screened rear porch and rear deck extend the living space outdoors and provide wonderful opportunities for relaxing, entertaining, and enjoying the private setting. The detached three-car garage is an especially valuable amenity, offering abundant parking, storage, workshop space, or flexibility for a future owner’s needs. For those looking to improve and personalize an existing home, the possibilities are substantial. The property offers an excellent foundation for updating the current ranch, expanding the footprint, or reimagining the home entirely. For those with a larger vision, the . 49-acre lot provides an exciting opportunity to create a custom residence tailored specifically to your lifestyle. Several neighboring properties have already been transformed with larger, custom two-story homes, demonstrating the appeal of this established Wayne neighborhood and its setting. Recent improvements include a new hot water heater in 2026 and a high-efficiency HVAC system installed in 2023, providing a solid starting point for whatever direction you choose. Beyond the property itself, the location is exceptional. Situated in the heart of Wayne, 415 School Lane is conveniently located near downtown Wayne's renowned shopping, dining, and everyday amenities, as well as walking distance to SEPTA Regional Rail, major commuter routes, the Strafford Library, and numerous parks and recreational opportunities. The property is also located within the highly regarded Tredyffrin/Easttown School District.
Wayne, located between St. Davids and Strafford, is a Main Line and rail-served Radnor Township neighborhood with a walkable downtown and leafy residential streets. The neighborhood’s character concentrates around Lancaster Avenue at Wayne Avenue, where sidewalk patios, indie boutiques, and coffee counters keep the sidewalks active. Community pillars include the Anthony Wayne Theater, Terrain at Styer’s, and the Wayne Art Center. Stone colonials and Tudor revivals mix with newer townhomes, with pocket parks and mature trees softening the streetscape. SEPTA’s Wayne Station anchors daily routines, while the Radnor Trail threads a green corridor for walking and biking. Dining clusters along Lancaster Avenue, balancing date-night tables with casual takeout windows.
Provided by Walk Score and Local Logic
Market insights
415 School Ln · $800,000
DAYS ON MARKET
4 days
The average home goes pending in 34 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
LIST PRICE
$800,000
Median sale price in this area is $653,648. (18% lower than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Two fireplaces
Unfinished basement
Bedrooms
Four bedrooms on the main level
Bathrooms
Two full bathrooms
One half bathroom
Heating & cooling
Forced air heating (electric)
Central air conditioning
200+ amp electric service
Electric hot water
Exterior features
No tidal water
Home design
Detached structure
Above-grade living space of 1,819 finished square feet
Fee simple ownership
Parking
Detached 2-car garage with front entry, oversized bay and garage door opener
Driveway with space for two cars
Total of four garage and parking spaces
Construction
Aluminum siding
Wood siding
Concrete perimeter foundation
Above-grade and below-grade structures
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Opportunities abound making this move-in-ready ranch home a great place to call home! Settle right in and/or customize and make this lovely and desirable single-story living 4 bedroom, 2.5 bath spacious floor plan in the premier neighborhood of The Shand Tract in Tredyffrin Township yours. Natural light gleams in to show off the hardwood flooring. Laundry Room, two fireplaces, a deck off the sliders of the Dining Room with built-ins, a Screened-in Porch off the Eat-in Kitchen, a fenced backyard with plenty of room for entertaining, and the Detached 3 car garage; (1 bay being used as a workshop/storage and 2 bays 20'x20' with pull in access) outback make the possibilities even grander! The driveway can accommodate 4+ cars and you're less than a mile to the Strafford train station. Finished basement space, with plenty of storage and a large walk-in cedar closet. Put your stamp on this diamond in the rough. Gas is available on the street if you desire to convert. Award-winning T/E schools, Conveniently located close to shopping and dining. Home is being sold in as-is condition. Showings begin on Friday 2/18, don’t delay, this surely won’t last long as inventory is tight and this is a GEM! The offer deadline is 5 pm Sunday 2/20!
BRIGHT MLS #1003529827
Apr 25, 2007
Sold
$430,000
$236/sq ft
Jan 2, 2007
Listed
$430,000
$236/sq ft
+1
Easy living in a very pretty and convenient area, gorgeous hardwood floors, two fireplaces, a spacious eat-in Kitchen and wonderful Family room. Additional features include a screened-in Patio, French doors to the Deck and easy access to the train, shops and restaurants. Upgraded and ready to move-in.
BRIGHT MLS #PACT339548
Dec 29, 2006
Listing Removed
—
Nov 2, 2006
Listed
$467,000
$257/sq ft
BRIGHT MLS #1003661437
Oct 15, 1999
Sold
$269,200
$148/sq ft
Aug 25, 1999
Listed
$269,200
$148/sq ft
Public Records
Jul 18, 1997
Sold
$245,000
$135/sq ft
BRIGHT MLS #PACT273712
May 1, 1997
Listing Removed
—
Apr 28, 1997
Listed
$245,000
$135/sq ft
Public Records
Jun 20, 1990
Sold
$225,000
$124/sq ft
Public Records
Jan 1, 1979
Sold
$92,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,140 (+3.9%)
$94,480 + $113,530
$208,010
2025
$7,834 (+6.9%)
$94,480 + $113,530
$208,010
2024
$7,327 (+6.5%)
$94,480 + $113,530
$208,010
2023
$6,882 (+2.6%)
$94,480 + $113,530
$208,010
2022
$6,705 (+1.9%)
$94,480 + $113,530
$208,010
2021
$6,577 (+2.8%)
$94,480 + $113,530
$208,010
2020
$6,396 (+3.3%)
$94,480 + $113,530
$208,010
2019
$6,194 (+2.0%)
$94,480 + $113,530
$208,010
2018
$6,071 (+2.5%)
$94,480 + $113,530
$208,010
2017
$5,926 (+6.5%)
$94,480 + $113,530
$208,010
2015
$5,566 (+2.4%)
$94,480 + $113,530
$208,010
2014
$5,436 (+1.9%)
$94,480 + $113,530
$208,010
2013
$5,337 (+3.3%)
$94,480 + $113,530
$208,010
2012
$5,167 (+2.8%)
$94,480 + $113,530
$208,010
2011
$5,027 (+2.1%)
$94,480 + $113,530
$208,010
2010
$4,923
$94,480 + $113,530
$208,010
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Finished Sq. Ft.
1,819
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,819
Year built
1950
Style
Single Family Residential
County
Chester County
APN
4311B01040000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
R2
Residence District
R-2 Residence Districts are designed to provide opportunities for higher intensity development in the Route 30 corridor in light of the carrying capacity of the infrastructure in the form of roads, sewer and water facilities. The R-2 Districts comprise areas which are developed as neighborhoods primarily in close proximity to public transportation and neighborhood shopping facilities, and where road, sewer, water and storm drainage facilities can support such higher densities.
Permitted uses
Include but are not limited to:
Housing-Single unit
Library
Recreation
Park & open space
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 100° expected this year, 14 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Wayne, PA • 19087
Average low and high temperatures (°F)
34
22
39
26
57
37
65
46
71
55
82
65
87
70
80
63
78
61
67
48
55
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 415 School Ln
$869,539
$70K over list price of $800K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $697K to $1.1M.