506 KENNETT PIKECHADDS FORD, PA 19317

Commercial · 5,060 Sq. ft. | 3.30 Acres
$3,150,000 ACTIVE

506 KENNETT PIKE Overview

Time on Site:
255 days
Visits:
139

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 further parking potential available. The parcel behind the Inn is included with the sale bringing the total acreage to 3.3 acres. Check the Village Commercial Zoning for additional revenue potential. 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.

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506 KENNETT PIKE Facts & Features

  • Type Commercial
  • Sq. ft. 5,060
  • Price/Sq.ft. $623
  • Lot 3.30 Acres

Details

General

Income/Expenses

  • Operating Expense Includes: Trash,Snow Removal,Sewer,Repair/Maintenance,Pest Control,Insurance,Heating/Cooling,Electric,Cable TV,Advertising,Other,Water,Landscaping

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1986

Business Information

  • Business Type: Bed and Breakfast

Location/Region

  • Country: US
  • County: CHESTER
  • County Or Parish: CHESTER
  • MLS Area Major: Pennsbury Twp (10364)

Parking Information

  • Total Parking Spaces: 25
  • Type of Parking: Driveway,Parking Lot

Tax Information

  • City/Town Tax: 910.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 3155.00
  • County Tax Payment Frequency: Annually
  • School Tax: 20719.00
  • Tax Annual Amount: $24,785.00
  • Tax Assessed Value: 611000.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • School District Name: UNIONVILLE-CHADDS FORD
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: VILLAGE COMMERCIAL

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Propane - Owned
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 5060.00
  • Central Air: Yes
  • Hot Water: Propane

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Electric: 200+ Amp Service

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 3.30
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 143748.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding, Aluminum Siding
  • Roof: Asbestos Shingle

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer
  • Water Access: No

506 KENNETT PIKE Neighborhood

Community

19317 (CHADDS FORD) Demographics

45
Median Age
472
Population Density (per sq. mile)
71%
College Educated
$143,694
Estimated Median Income
2,963
Estimated Total Home Owners
696
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

506 KENNETT PIKE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

506 KENNETT PIKE Market Data

Based on the last 30 days in this zip code

$1,188,887
Average List Price
$293
Average Price per Square Foot
17
Properties Sold
85
Average Days on Market
67
Properties for Sale
Calculations provided by Reliance Network

506 KENNETT PIKE History

Date Event Value Agent
12/7/2025Source: BRIGHT MLS Price Reduction
$3,150,000 -10.0%
Holly Gross
Listing Agent
10/17/2025Source: BRIGHT MLS Added to Database
October 17, 2025
Holly Gross
Listing Agent
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of BHHS Fox & Roach-West Chester- MLS# PACT2111796MLS ProviderContact Information: [email protected] - 6104311100