Rockefeller Family Estate Near Philly Sells For $24M | Inman
Courting to the late 1700s, the property referred to as Kirkwood Farm options 5 historic farmhouses, two barns and a springhouse.
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A 200-acre property situated 20 miles outdoors of Philadelphia and owned by Rockefeller household descendants has offered for $24 million, The Wall Avenue Journal reported.
The property was listed for $29.9 million in 2022, Compass itemizing agent Lavinia Smerconish advised The WSJ. Courting to the late 1700s, the property referred to as Kirkwood Farm options 5 historic farmhouses various in dimension between 1,750 to 2,900 sq. ft. The property additionally consists of two barns and a springhouse.
Sellers of the property embrace William Rockefeller Jr.’s grandson Roy Jackson and his youngsters, in keeping with property data. William Rockefeller Jr. helped create the Commonplace Oil Co. along with his brother John D. Rockefeller. The property has been within the household for generations, and this marks the primary time it has been in the marketplace in over 90 years, in keeping with the itemizing description.
In the previous few years, the land was utilized by a searching membership and a variety of the residences have been rented out, Smerconish advised The WSJ.
The client was not instantly recognized however doesn’t intend to develop the property, in keeping with the customer’s agent Kim Whetzel, of Kurfiss Sotheby’s Worldwide Realty, who co-represented the customer with Ellen Hass, additionally of Kurfiss Sotheby’s.
The property additionally options expansive pastures, hillsides, a fringe of centennial timber and the Yarnell Run stream. The residences date to the 18th and nineteenth centuries, in keeping with Smerconish, a few of that are fabricated from fieldstone.
The median sale worth of a house in Chester County, the place the farm is situated, was $446,000 in February, down 0.89 p.c yr over yr, in keeping with Redfin.
E mail Lillian Dickerson