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Listing description

If you want a home that gives you space, tranquility, and privacy, yet still feels close it all - you've found it. This is 501 Falcon Dr, a stately and classic brick-front Colonial with an open concept floor plan. Situated only a few minutes from downtown Kennett Square, this four bedroom home is situated on an acre of land, adjacent to preserved space, which preserves your beautiful backyard views for years to come. On your tour, you'll step inside to find a dining room on your left, and sitting room on your right. Follow the beautiful hardwood floors back, and you'll find a dedicated office area. This home features a soaring two-story foyer, and family room with a gas fireplace . Next to the family room is the eat-in kitchen, which features beautiful white cabinets, granite countertops, and a full dining space. On the first floor you'll also find a powder room, dedicated laundry area and two car garage. Upstairs, the large primary bedroom is sure to impress, with tray ceilings, two large walk-in closets, and a stylish, fully updated primary bathroom (2024) with glass enclosed shower and soaking tub. Your own spa retreat! The hall bathroom upstairs was also fully renovated in 2024. 3 more well-sized bedrooms complete the upstairs. This home is freshly painted and clean; well maintained and move-in ready, yet still remains opportunity for you to make it your own. For more peace of mind, other notable updates include new roof (2018), new HVAC (2022), and re-paved driveway (2023). This neighborhood, Falcons Lair, is in the award-winning Kennett Consolidated School District with a brand new elementary school. Falcon's Lair is walking distance to Kennett Greenway trails which can take you all through the Township and Borough, not to mention the many other local parks and greenspaces! Close to dining, shops, highways, and anything else you need. Come discover how much you will love living here!

Rooms by level

How the bedrooms and baths are distributed across the floors, as reported by the listing agent.

  1. Main level1 half bath
  2. Upper level4 bedrooms · 2 full baths

Facts & features

Interior

Bedrooms
4
Bathrooms
2 full · 1 half
Living area
3,432 sq ft
Heating
Forced Air
Cooling
Central A/C

Property & construction

Property type
Residential · Detached
Architectural style
Colonial
Year built
1997

Lot & parking

Lot size
1 acre (43,560 sq ft)
Garage
2 spaces

Financial

Price / sq ft
$233
HOA dues
$400/yr

Listing details

MLS #
PACT2136952
County
Chester County
School district
Kennett Consolidated

Interior features

Appliances
Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Energy Efficient Appliances
Flooring
Wood, Fully Carpeted, Vinyl, Tile/Brick
Interior features
Primary Bath(s), Kitchen - Island, Butlers Pantry, Bathroom - Stall Shower, Kitchen - Eat-In
Fireplace
1
Basement
Full, Unfinished, Drainage System
Laundry
Main Floor
Levels
2
Accessibility
None
Security
Security System

Exterior & construction

Construction
Aluminum Siding, Vinyl Siding, Brick
Roof
Shingle
Foundation
Concrete Perimeter
Patio & porch
Patio(s)

Systems & utilities

Heating fuel
Natural Gas
Cooling fuel
Electric
Hot water
Natural Gas
Water source
Public
Sewer
On Site Septic
Utilities
Cable TV

Parking

Parking
Attached Garage, Other
Garage type
Garage Door Opener
Total spaces
2

Community

Subdivision
FALCONS LAIR
HOA includes
Common Area Maintenance

Lot & zoning

Lot dimensions
0
Lot features
Sloping, Open, Trees/Wooded, Front Yard, Rear Yard, SideYard(s)
Zoning
R1
Cross street
PEACOCK LN

Included in the sale

Inclusions
Refrigerator, Washer/Dryer, Dr Sconces, Study Sconces
Possession
0-30 Days CD

Price history

DateEventPrice
Sep 29, 2026Listed for sale$799,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$794,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Chester County assessment ratio, weighted toward the current asking price.

Last sold
January 2018 for $462,500
County deed record in 2018 dollars; not comparable to today's value.
Current list price
$799,000
County assessment implies
$836,527
Est. property taxes at today's rates
$10,273/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
507 FALCON DR, KENNETT SQUARE, PA 19348July 2026$760,0004/23,200$800,948
535 CHANDLER MILL RD, KENNETT SQUARE, PA 19348December 2025$810,0004/23,299$795,895
13 CANTERBURY DR, KENNETT SQUARE, PA 19348September 2026$677,5004/23,584$692,221
103 PIERCE LN, KENNETT SQUARE, PA 19348May 2026$810,0004/23,218$899,635
127 DAVENPORT RD, KENNETT SQUARE, PA 19348June 2025$787,0004/23,468$839,248
115 TWIN CREEK LN, KENNETT SQUARE, PA 19348April 2025$750,0004/23,476$763,393

Sale history

DateEventPrice
January 2018Sold$462,500

From closed MLS and county deed records. Earlier transactions may exist.

Estimated taxes

Estimated at current rates

$11,219 / year

≈ $935 per month

MLS shows (2026)

$11,528

-2.7% at current rates

School tax

KENNETT CONSOLIDATED · 34.99 mills (2025-26)

$8,952

County tax

Chester County · 5.16 mills (2026)

$1,321

Municipal tax

As recorded for 2026, varies by municipality

$946

Recomputed from the county assessment ($255,810, 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.

Estimated monthly payment calculator

$159,800 (20%)
6.43%

Loan term

Estimated monthly payment

$5,212/mo

Principal & interest
$4,011
Property taxes (current rates)
$935
Home insurance (est.)
$233
HOA
$33

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.

Area statistics

School district

Kennett Consolidated

Academic index
57.6/100
Graduation rate
90.3%
PSSA ELA proficient
55.4%
PSSA Math proficient
47.4%

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 6, 2026 at 2:08 PM EDT

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