1. Pennsylvania
  2. Chadds Ford
  3. 506 KENNETT PIKE
$3,500,000

506 KENNETT PIKE, Chadds Ford, PA 19317

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

The Award Winning, iconic and highly rated Fairville Inn Bed and Breakfast is now for sale. This landmark property is located in the heart of Chadds Ford and includes the Main House dating from the early 1800s, as well as the Springhouse and Carriage House. The Main House is a contributing building in the Fairville Historic District. The owners have conducted a complete makeover of the property, transforming it into a stylish retreat and thriving business ready for the next owner. The property features a total of 10 guest rooms, each tastefully decorated. The Carriage House offers four rooms and two suites, each with a private deck overlooking the gardens. The Springhouse has four rooms, each with a deck and a panoramic view down the meadow to the neighboring pond. Eight of the rooms have gas fireplaces. The Main House features the guest reception area, a living room with a gas fireplace, an after-hours sitting room, a dining room and a commercial kitchen. There is also a commercial laundry and storage area located on the lower level of the Carriage House. The Main House also has the potential to add up to 5 more rooms, which would further drive revenue. One room has already been beautifully renovated to show the potential. Alternatively, the second level of the Main House could be easily converted into the Innkeepers residence. At present, there is parking for up to 25 cars, with the parking potential on the 2 acre property. Check the Village Commercial Zoning for additional revenue potential, including the possibility for a restaurant in the Main House. The Inn is just minutes from world-class venues including Longwood Gardens, the Winterthur Estate and Gardens, the Brandywine River Museum, Terrain and many more in nearby Kennett Square, West Chester and Wilmington. Showings by appointment only. Listing agent must accompany all showings.

Listing Status:
Active
Date Added:
January 23, 2025 at 06:00AM
Listing Office:
BHHS Fox & Roach-West Chester : 6104311100
Listing Agent:
Holly Gross : 4846780367
MLS ID:
PACT2089836
  • A/C: Central A/C
  • Heating: YHeat Pump(s)Propane - Owned
  • Disability Feature: None

This listing courtesy of Holly Gross, BHHS Fox & Roach-West Chester

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hillendale Elementary School

1850 Hillendale Rd, Chadds Ford, PA, 19317

Grades KG-5

1.03 miles away

C

Charles F. Patton Middle School

760 Unionville Rd, Kennett Square, PA, 19348

Grades 6-8

5.41 miles away

U

Unionville High School

750 Unionville Rd, Kennett Square, PA, 19348

Grades 9-12

5.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#PACT2100734 - Pillar Real Estate Advisors