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4 Beds
3 Baths
1,656 sqft

$450,000

5 LANTERN LANE, MALVERN PA, 19355

Price per sqft$271.74
Built in1952
Property size1,656 sqft
Property typeResidential

Overview

Active

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Listed Aug 6, 2026

Updated 5 days ago

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!

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PACT2131888

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.41 Acres

Other Property Details

Taxes
$3,957
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Long & Foster Real Estate, Inc.
Listing Contact: 6106568900 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 12:24 AM UTC

 

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