855.375.4001
Listing Courtesy of: Holly Gross - BHHS Fox & Roach-West Chester 610-431-1100
For Sale
$3,500,000 affordable loan icon Calculate Payment

506 Kennett Pike Chadds Ford, PA 19317 Municipality: Pennsbury Twp

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Other Residence
5,060 Sq. Ft.

Property Activity

Time on Site
40 days
Days on Market
Views
8
Saves
0
Last updated on 3/3/2025 12:12 AM
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

Price History for 506 Kennett Pike

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Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
Sold3/2/2020$897,000Public Records
Sold7/6/2007$1,300,000Public Records
Sold6/9/2003$1,810,000Public Records
Sold5/7/1999$2,210,600Public Records
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through 3/3/2025.
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Tax History for 506 Kennett Pike

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Year Property Taxes Change Tax Assessment Change
2024$23,212
+3.32%
+3.32%$611,000
-
-
2023$22,467
+2.14%
+2.14%$611,000
-
-
2022$21,996
$611,000
No records available.
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Data sourced from public records, where available.

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Nearby Schools for 506 Kennett Pike

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Public Schools

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Private Schools

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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

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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
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 19317

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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.

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Months of Supply in 19317

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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.

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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 3/1/2025.
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Listing Courtesy of: Holly Gross - BHHS Fox & Roach-West Chester 610-431-1100
Andrea Conner, Maryland License 667140, Xome Inc., License 667140, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, AndreaD.Conner@Xome.com, 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
This content last refreshed on 3/3/2025 12:12 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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