Price Reduction - Primary on Main
Listed By:
Ryan E Scott with Long & Foster Real Estate, Inc. - 6106961100;
Address
5 Lantern Lane, Malvern, PA
Price
$ 475,000
Property Attributes
  • MLS#PACT2131888
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyCHESTER
  • CityMalvern
  • AreaEast Whiteland Twp
  • NeighborhoodGeneral Warren Vil
  • Zip19355
  • StyleRanch/Rambler
  • Year Built1952
  • Taxes$ 3957
  • Price$ 475,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms2
  • Sqr Footage1656
  • Lot Size0.41 Acres
Data Source:
Bright MLS
Property Description

Here is a rare opportunity to own a single-family home in the Great Valley School District that may be less than your monthly rent! This home was recently appraised for $525k but priced to sell clean and quickly! It needs some updating but it has been well-maintained by the same owners for decades including two large additions! Located on a cul-de-sac with off-street parking are two bonus features that give this home a nice first impression. As you enter the covered front porch, you'll see mature landscaping that you can expand or reduce to any degree you want. You enter into the huge Living Room with hardwood floors. On this main level and to your right are two bedrooms that were extended during the most recent addition in 2005 including a very large primary bedroom. A shared, Hall bathroom completes this part of the home. On the other side of the Living Room is the kitchen which is move-in ready or you can update at your own pace. Walk through the kitchen and you'll find the second addition (built in 1981) which is a huge Dining Room with hardwood floors and a sliding door to the large, 18'x12' deck. If you go downstairs, you'll find a storage, utility and laundry area which opens into two additional bedrooms with their own individual, wall-mounted, gas heaters! The first bedroom has its own half bathroom and built-in closets with a door that leads to a large, dry, unfinished room with egress windows to the yard. This extra room is perfect for storage or could be finished for a game room or office or whatever else you can imagine since it already has HVAC feeds. On the other side of the unfinished area is the fourth bedroom that also has a private half bathroom and exterior door to the driveway. You'll have peace of mind with many features including a newer roof that was replaced in 2014. The gas water heater was replaced in 2022 and all windows have been replaced over the years of current ownership. You can move into this home immediately or you may choose to update at your own pace with your own decor. Either way, this Malvern single home is in the award-winning Great Valley School District and priced to sell quickly so don't wait to book your showing! The current owner wants you to enjoy this home as much as they did over the past 74 years, so hurry in and bring your imagination!

Price History
7/30/2026 Listed $499,900
8/19/2026 5$475,000

General Features

Living Area 1656
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Pitched,Shingle
Zoning R10
Architectural Style Ranch/Rambler
Construction Materials Vinyl Siding
School District GREAT VALLEY
Year Built 1952
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County CHESTER
New Construction No
Property Type Residential
HOA No
Subdivision Name GENERAL WARREN VIL
Facing Direction Southwest
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 1
Status ACTIVE
Directions From Route 29 in Frazer,East on Lancaster Ave (Route 30). First right onto Old Lincoln Hwy. Right onto Old Lancaster Rd. Left onto Lantern Lane to #5 on your left.
City MALVERN
Senior Community Y/N No
MLS Area East Whiteland Twp (10342)
Lot Size Units Square Feet
Lot Size Square Feet 17825.00
Tax Assessed Value 123050.0
Tax Annual Amount 3957.0
Home Warranty Y/N No
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 286.84
Vacation Rental Y/N No
Total SQFT 1656
Standard Status Active
Year Built Source Assessor
Tax Lot 0022

Interior Features

Heating Fuel Propane - Owned
Basement Daylight,Partial,Full,Improved,Interior Access,Outside Entrance,Partially Finished,Side Entrance,Walkout Level,Windows
Hot Water Propane
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1656
Half Baths 2
Central Air Y/N Yes
Total Bedrooms 4
Room Type Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Lower Levels 2
Bedrooms Count Lower Level 1 2
Bathrooms Half Lower Level 1 2
Bathrooms Half All Lower Levels 2
Bathrooms Count Lower Level 1 2.00
Bathrooms Count All Lower Levels 2
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Pool No Pool
Water Source Public
Inclusions Refrigerator,Washer,Dryer,500 gallon Propane Tank
Total Parking Spaces 2
Type of Parking Driveway
Land Use Code R10
Foundation Details Block
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.41
Lot Size Source Assessor
Waterfront Y/N No
Land Assessed Value 44170.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Room Details

Room Dimensions Level Flooring Details
Bedroom 1 Main Ceiling Fan(s),Flooring - Engineered Wood
Bedroom 2 Main Flooring - Engineered Wood
Bedroom 3 Lower 1 Attached Bathroom
Bedroom 4 Lower 1 Attached Bathroom,Flooring - Carpet
Dining Room Main Built-Ins,Ceiling Fan(s),Flooring - HardWood
Kitchen Main Double Sink,Kitchen - Propane Cooking
Living Room Main Flooring - HardWood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19355

Price
AVG $2.35M
$480K
Taxes
AVG $13,315
$3,957
Year Built
AVG 1934
1952
Visits
AVG 450
93
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover