107 OLD LANCASTER RD Devon, PA 19333 New

UPDATED: 07/09/2026 08:13 PM ON MARKET: 6 days on market

$1,250,000

6 Beds5 Baths7,447 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 7,447 sqft

Price per Sqft $167

Subdivision None Available

MLS Listing ID PACT2130052

Style Traditional

Bedrooms 6

Full Baths 4

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 7,447

Year Built 1805

Annual Tax Amount $12,506

Tax Year 2025

Lot Size 1.300 Acres

Acres 1.3

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

A Rare Opportunity to Complete One of Devon's Historic Landmark Estates!

Prime development opportunity in the heart of Devon, within the Tredyffrin-Easttown School District. Situated on approximately 1.3 premier acres, this extraordinary early nineteenth-century residence, originally known as the historic Lamb Tavern, is listed on the National Register of Historic Places and offers a rare opportunity to restore one of the Main Line's most significant historic properties.

The most difficult, time-consuming, and uncertain phases of redevelopment have already been completed. The property has been stripped to the structural shell, with most interior walls removed, creating a true blank slate ready for reconstruction.

Extensive work already completed includes:

Complete interior demolition to the structural shell.
Removal of obsolete plumbing, electrical, HVAC components, and radiators.
Professional lead and asbestos remediation.
Exterior restoration, sealing, and painting.
Comprehensive architectural plans by Warren Claytor Architects.
Historic Commission approvals obtained.
Building permits in place.
Construction-ready for immediate commencement.

The approved plans envision an elegant residence of approximately 7,400 square feet featuring a three-car garage, six-plus bedrooms, four-and-one-half baths, expansive entertaining spaces, a luxury kitchen, family room, mudroom, formal living and dining rooms, home office, and a gracious primary suite, while preserving the home's remarkable historic character.

Architectural details including soaring ceilings, deep windowsills, and a dramatic central staircase remain intact, providing the perfect framework for a one-of-a-kind luxury residence.

For builders and experienced restoration buyers, this represents a unique opportunity to bypass months of architectural design, engineering, permitting, and Historic Committee review. The entitlement work has been completed, allowing the next owner to focus immediately on construction.

Completed homes of this caliber in Devon continue to command premium values, making this an exceptional investment opportunity in one of the Main Line's most desirable locations.

Plans by Warren Claytor Architects, permits, approvals, and supporting documentation are available upon request. Prep work is continuing, and the price will increase as additional value is added to the property.

Important Notice: This is an active construction site requiring substantial work throughout. Agents and buyers enter entirely at their own risk. Exercise extreme caution, as there are openings in the flooring and areas that may be weak or unstable.


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