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Stevenson University lists original Greenspring Campus for sale

Existing U.S. Home Prices Rise At Fastest Rate Since 2007
Posted at 7:34 PM, Apr 16, 2019
and last updated 2019-04-18 09:17:47-04

STEVENSON, Md. — Stevenson University may sell its original main campus that has been in place since the mid 1940s.

On Tuesday, the university confirmed to WMAR-2 News that they have listed their Greenspring Campus for sale.

The 60-acre wooded property is located in the 1500 block of Greenspring Valley Road, in Stevenson, and is known for being surrounded by horse farms and estate homes.

Originally named Villa Julie College, Stevenson University was founded by the Sisters of Notre Dame de Namur at "Seven Oaks," and opened its doors on October 1, 1947 specializing in medical-secretarial training.

In 2004, the College expanded by opening its first housing complex in Owings Mills, which has since become the home campus to several of the university's undergraduate programs. The Owings Mills location is now home to Mustang Stadium, where Stevenson's football, soccer, and lacrosse teams play.

The university is also in the final stages of acquiring the nearby state-owned Rosewood property, a former institution for the developmentally disabled, which closed in 2009.

John Buettner, the Vice President of Marketing and Digital Communications for Stevenson University released the following statement explaining the school's position;

With the pending acquisition of the Rosewood site from the State of Maryland as well as the expansion of the Owings Mills campus, Stevenson has been consolidating its traditional undergraduate programs on its Owings Mills campus for some time. In light of this, we are considering alternate uses for the Greenspring campus. Listing the property gives us a way to explore a range of possible uses for the campus. We are also exploring continuing uses for academic programs, events and activities, and the administrative operations of the university, in which case we would not sell the Greenspring campus.

Buettner added that there is currently no buyer for the property and that no official sale has been made.

The price tag of the Greenspring Campus is unclear. There is no word on when the Rosewood acquisition will be finalized.