Developed in the early 20th century around a late 18th-century farmhouse, the farm was renowned in the state for its breeding of Kentucky saddle horses and Chester White hogs.
The buildings of the farm are clustered in three areas along the road, with the main house in the northernmost group.
First granted in 1788, it was owned in the early 19th century by Chauncey Smith, a prominent local physician and politician.
Under Parsons the farm was enlarged and the house given its present Colonial Revival styling.
His successor, William R. Bush, introduced the Chester White hog breed to the area, and expanded the farm to its greatest extent, about 1,200 acres (490 ha).