Former Penn State Fraternity House Up for Sale

More than a year after the Penn State chapter of Pi Lambda Phi fraternity lost university recognition, its former home has hit the market with a price tag of $990,000.

Located at 321 Fraternity Row, the 10,325-square-foot house features 19 bedrooms and two full bathrooms and holds a maximum of 57 residents. The property, which is listed by Linda and Ryan Lowe RE/MAX Centre Realty, sits on .34 acres of land in the Highlands neighborhood of State College.

According to the listing, Centre Region Code allows for 57 residents in the 114-year-old, brick house.

How the house will be used remains to be seen. Last month, Phi Sigma Sigma sorority made a historical move when it announced it was leaving campus to rent the house of suspended Sigma Alpha Epsilon fraternity. The Pi Lam house, like most fraternity houses in the borough, is in the R-2 zoning district, which allows for single or two-family dwellings and student homes. Fraternity houses can also be converted for a limited number of purposes including a club or community center, day care center, home for the elderly, nursing home or private school. Since 1971, only one fraternity house in the borough has been converted to another use, for office space. Once converted to another use, a property cannot become a fraternity house again in the future.

Pi Lam was one of more than a dozen chapters sanctioned by Penn State in the months after new, stricter Greek life regulations were passed in response to Tim Piazza’s death. The university suspended the chapter through the spring 2019 semester during October of 2017 for providing guests with alcohol during social events, exceeding the house’s capacity, and violating regulations for social functions.

Additional reporting by StateCollege.com’s Geoff Rushton