$1,849,000
202 Privet Ln, Elverson, PA 19520
Listed by Keller Williams Realty Group
PROFESSIONAL PHOTOS BY 10/28. Lakefront privacy with breathtaking views in Chester County! Offered for the first time since its construction in 1994, this extraordinary 18-acre property presents a rare opportunity to own a private retreat surrounded by natural beauty. Inspired by Frank Lloyd Wright’s Open Prairie style, the home was thoughtfully designed by Peter Archer with Peter Zimmerman to embrace its remarkable setting and create a natural connection between indoors and out. As the first residence completed by renowned builder Griffiths Construction, it is a legacy property where craftsmanship, architecture, and landscape come together beautifully. At the heart of the property lies a stunning lake encompassing nearly six acres—one of the largest private lakes in Chester County. The lake and surrounding acreage create a haven for wildlife, with frequent sightings of Bald and Golden Eagles, Pileated Woodpeckers, Great Blue Herons, Wild Turkeys, and Foxes. Mature native trees—including White Oak, Red Oak, River Birch, Redbud, Dogwood, and Crabapple—frame the landscape, providing privacy, seasonal color, and an extraordinary sense of serenity. The home offers 5,000+ square feet of space, with 4–5 bedrooms, 4.5 baths, and a three-car garage. The home takes full advantage of its setting, with expansive windows and lake views from several rooms reinforcing the connection with the surrounding landscape. The main level features a primary suite with two walk-in closets and fireplace, an open kitchen and breakfast area, great room, spacious office with built-in desk and file drawers, dining room, and a versatile bonus room ideal as a second office or 5th bedroom. Upstairs are three additional bedrooms and two full baths. Perhaps the home’s most unexpected feature is its indoor spa pool with kitchenette, fireplace, and full bath, overlooking the lake and surrounded on three sides by glass doors. Warmth and natural character are found throughout, with red oak floors, tongue-and-groove ceilings, a striking sandstone fireplace, and a reclaimed hickory mantel sourced from an 1850s barn. Outdoor living is equally inviting, with extensive brick patios positioned to take full advantage of the tranquil water views—an idyllic setting for quiet mornings, outdoor entertaining, or simply enjoying the surrounding nature. Need more nature? The 703-acre Coventry Woods Park has an access point less than 2 miles away. Always lovingly maintained by the original owners, recent improvements include a new roof and skylights (Oct 2020), a newer well pump & pressure tank, and renovation of the registered and "low hazard" designated dam (2026) in accordance with PA DEP standards. Private, peaceful, and truly one-of-a-kind, this remarkable Chester County property offers the rare combination of acreage, water, wildlife, architectural character, and privacy—a home conceived in harmony with its surroundings and now ready for its next chapter. The full experience of this property can only be appreciated in person, so schedule your showing today! PLEASE NOTE: this property is not accessible for a "drive-by" due to its location.
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Oct 22, 2026 | Listed for sale | $1,950,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
$1,310,000
Below the asking price by 33%.
Automated estimate, not an appraisal.
Estimated at current rates
$16,937 / year
≈ $1,411 per month
MLS shows (2026)
$17,346
-2.4% at current rates
School tax
OWEN J ROBERTS · 36.36 mills (2025-26)
$13,654
County tax
Chester County · 5.16 mills (2026)
$1,939
Municipal tax
As recorded for 2026, varies by municipality
$1,344
Recomputed from the county assessment ($375,510, 1998 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Chester County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Loan term
Estimated monthly payment
$11,769/mo
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Owen J Roberts
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Chester County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Chester County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
© BRIGHT, All Rights Reserved
Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: October 23, 2026 at 2:08 PM EDT
Our co-founder Carmen does a 1-on-1 needs analysis with you, then hand-picks a vetted Charlestown Township agent or lender. Free, no obligation. If you work with a partner we introduce, NookLocal may earn a referral fee from their broker.