Dating to the late 1700s, the estate known as Kirkwood Farm features five historic farmhouses, two barns and a springhouse.

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

A 200-acre estate located 20 miles outside of Philadelphia and owned by Rockefeller family descendants has sold for $24 million, The Wall Street Journal reported.

The property was listed for $29.9 million in 2022, Compass listing agent Lavinia Smerconish told The WSJ. Dating to the late 1700s, the estate known as Kirkwood Farm features five historic farmhouses varying in size between 1,750 to 2,900 square feet. The property also includes two barns and a springhouse.

A fieldstone house on the property | Zillow

Sellers of the estate include William Rockefeller Jr.’s grandson Roy Jackson and his children, according to property records. William Rockefeller Jr. helped create the Standard Oil Co. with his brother John D. Rockefeller. The property has been in the family for generations, and this marks the first time it has been on the market in over 90 years, according to the listing description.

In the last few years, the land was used by a hunting club and a number of the residences were rented out, Smerconish told The WSJ.

A farmhouse on the estate | Zillow

The buyer was not immediately identified but does not intend to develop the property, according to the buyer’s agent Kim Whetzel, of Kurfiss Sotheby’s International Realty, who co-represented the buyer with Ellen Hass, also of Kurfiss Sotheby’s.

The property also features expansive pastures, hillsides, a perimeter of centennial trees and the Yarnell Run stream. The residences date to the 18th and 19th centuries, according to Smerconish, some of which are made of fieldstone.

The median sale price of a home in Chester County, where the farm is located, was $446,000 in February, down 0.89 percent year over year, according to Redfin.

Get Inman’s Luxury Lens Newsletter delivered right to your inbox. A weekly deep dive into the biggest news in the world of high-end real estate delivered every Friday. Click here to subscribe.

Email Lillian Dickerson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription