$445,000
204 Cherry St, Downingtown, PA 19335
Listed by Keller Williams Real Estate -Exton
OFFER DEADLINE 10/20 BY 7:00PM. Beautifully renovated in 2025-2026, welcome to 38 Lakeview Court, a stunning 3-bedroom, 3-full-bath townhome offering peaceful water views in the sought-after Timberlake community. Thoughtfully designed across three levels, this home is filled with natural light and offers a flexible layout with plenty of room to spread out while still feeling warm and inviting. Step inside to a dramatic two-story foyer and sun-filled great room, where soaring ceilings, wood floors and a wood-burning fireplace create an impressive yet comfortable gathering space. The beautifully remodeled kitchen features updated appliances and stylish finishes and flows effortlessly into the main living areas, complete with a walk-in butler’s pantry featuring a prep sink, wine refrigerator, additional cabinetry, generous open shelving, and extra counter space - perfect for entertaining and keeping everyday essentials organized and tucked away. Step outside onto the deck and take in the tranquil lake views and sounds of the fountain - a peaceful backdrop that makes this home feel like a true retreat. One of the home's best features is its incredibly versatile layout, with a spacious bedroom and full bathroom on each level, making it ideal for guests, a home office, or simply having separate spaces for family or to relax and unwind. The finished lower level adds even more living space with a second fireplace, wet bar, laundry area, additional bedroom and full bathroom, plus flexible space for an office or gym, as well as a separate unfinished room offering plenty of additional storage. Sliding doors from the finished lower level open directly to a second deck, offering another beautiful spot to relax and take in the peaceful lake views. Extensively renovated in 2025-2026, the home features a remodeled kitchen and bathrooms, new wood flooring and carpet, fresh paint throughout, and a new heating and central air-conditioning system installed in 2025. Located in the Downingtown Area School District and surrounded by the peaceful setting that makes Timberlake so special, 38 Lakeview Court combines updated interiors, flexible living space and beautiful water views into a home that feels special from the moment you walk in. One of the pictures of Kitchen is AI-enhanced.
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Oct 15, 2026 | Listed for sale | $429,999 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$443,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Chester County assessment ratio, and this home's own June 2026 sale grown with the local market, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 265 SUGAR MAPLE SQ, DOWNINGTOWN, PA 19335 | September 2026 | $484,900 | 3/2 | 2,120 | $531,951 |
| 101 CAMRYN CT, DOWNINGTOWN, PA 19335 | August 2026 | $610,000 | 3/2 | 2,114 | $665,641 |
| 106 CAMRYN CT, DOWNINGTOWN, PA 19335 | July 2026 | $599,000 | 3/2 | 2,114 | $656,361 |
| 48 GRAYSON LN, DOWNINGTOWN, PA 19335 | May 2026 | $595,000 | 3/2 | 2,114 | $651,977 |
| 44 GRAYSON LN, DOWNINGTOWN, PA 19335 | June 2026 | $593,500 | 3/2 | 2,100 | $649,789 |
| 153 GLORY MAPLE LN, DOWNINGTOWN, PA 19335 | August 2026 | $498,750 | 3/2 | 1,960 | $580,312 |
| Date | Event | Price |
|---|---|---|
| June 2026 | Sold | $445,000 |
From closed MLS and county deed records. Earlier transactions may exist.
Estimated at current rates
$4,610 / year
≈ $384 per month
MLS shows (2026)
$4,739
-2.7% at current rates
School tax
DOWNINGTOWN AREA · 31.91 mills (2025-26)
$3,669
County tax
Chester County · 5.16 mills (2026)
$594
Municipal tax
As recorded for 2026, varies by municipality
$348
Recomputed from the county assessment ($114,970, 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
$2,953/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
Downingtown Area
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.
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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 26, 2026 at 2:07 AM EDT
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