1/100
$3,500,000
Calculate Payment
Calculate Payment
506 Kennett Pike Chadds Ford, PA 19317 Municipality: Pennsbury Twp
5,060
Sq. Ft.
Property Activity
Time on Site
40
days
Days on Market
Views
8
Saves
0
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.
Continue reading
MLS#
PACT2089836
Property Type
Other
Year Built
1986
Square Feet
5,060
sq. ft
Price per Sq. Ft.
$691.70
Lot Size
2
Sewer
Sewer service on-site
Get Pre-Approved Online in Minutes with Mr. Cooper
Start NowPrice History for 506 Kennett Pike
Price History provides changes in price over time for the specified property, where available.
| Event | Date | Price | |||
|---|---|---|---|---|---|
| Sold | 3/2/2020 | $897,000 | |||
| Sold | 7/6/2007 | $1,300,000 | |||
| Sold | 6/9/2003 | $1,810,000 | |||
| Sold | 5/7/1999 | $2,210,600 | |||
| No records for the selected period of time. | |||||
Sorry, no content was found for this location. Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through .
Data through .
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Enter your work address to view actual drive times with traffic for this property.
Nearby Schools for 506 Kennett Pike
Public Schools
| Rating | School Name | Grades | Distance |
|---|---|---|---|
| No records found. | |||
Private Schools
| Rating | School Name | Grades | Distance |
|---|---|---|---|
| No records found. | |||
Sorry, no content was found for this location. Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
Area Statistics
People
| Zip | City | County | National | |
| Population | 9,904 | 9,904 | 573,883 | 329.73M |
| Population Density | 469 | 469 | 3,122 | 93 |
| People per Household | 2.7 | 2.7 | 2.6 | 2.6 |
| Median Age | 44.6 | 44.6 | 39.0 | 38.4 |
| Median Household Income | $130,921 | $130,921 | $80,398 | $69,021 |
| Average Income | $70,796 | $70,796 | $43,518 | $37,638 |
Economy
| Zip | City | County | National | |
| Unemployment | 3.00 % | 3.00 % | 3.00 % | 3.20 % |
| Recent Job Growth | 1.29 % | 1.29 % | 1.29 % | 1.40 % |
| Future Job Growth | 39.78 % | 39.78 % | 39.78 % | 42.20 % |
| Sales Tax | 6.00 % | 6.00 % | 6.00 % | 7.02 % |
| Income Tax | 3.07 % | 3.07 % | 3.07 % | 22.00 % |
| Cost of Living Index | 156 | 156 | 114 | 100 |
Environment
| Zip | City | County | National | |
| Altitude | 250 | 250 | 232 | 2443 |
| Rainfall (inches annually) | 45.8 | 45.8 | 44.8 | 38.1 |
| Snowfall (inches annually) | 15.0 | 15.0 | 16.0 | 27.8 |
| January Avg. Low Temp | 22.0 | 22.0 | 25.1 | 21.7 |
| July Avg. High Temp | 84.9 | 84.9 | 86.9 | 85.8 |
| Days of Precipitation Annually | 110 | 110 | 113 | 106 |
| Days Mostly Sunny Annually | 201 | 201 | 204 | 205 |
| Comfort Index (during hot weather) | 7 | 7 | 7 | 7 |
Sorry, no content was found for this location. Source: Sperling's Best Places
Median Sales Price/Sq.Ft. in 19317
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
No data for current time range.
Try selecting another range option.
Try selecting another range option.
Sorry, no content was found for this location. The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.
Powered by Xome®
Months of Supply in 19317
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
Months of Supply
For Sale
Sold
No data for current time range.
Try selecting another range option.
Try selecting another range option.
Sorry, no content was found for this location. Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through .
Market Trends
Active Market Trends
Median List
Price
Price
$1,395,000
Avg Days
Listed
Listed
56
Properties
For Sale
For Sale
21
Median Price/
Sq Ft
Sq Ft
$258
Sold Market Trends
Median Sold
Price
Price
$450,000
Sales List
Price
Price
99.52%
Properties
Sold
Sold
18
Median Price/
Sq Ft
Sq Ft
$249
Arrows indicate 90 day trend Source: Bright MLS
Powered by Xome®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
