Welcome to the Falling Spring Bed and Breakfast Lodging House, a unique property that offers the perspective owner a great opportunity for substantial, additional income! Seller financing will be considered for qualified buyers. Well known in the area, Falling Spring once hosted former Presidents Jimmy Carter and Bill Clinton, who visited the area to fly fish on the spring bearing the same name. Lovingly maintained and renovated by its current owner since he acquired it in 2017, the main building boasts numerous improvements including new luxury vinyl plank flooring throughout, electrical wiring updated to meet L&I Code, all new plumbing, new light fixtures, updated bathrooms, two new A/C systems, and two new heat pumps. An on-site manager, who is responsible for cleaning and serving a continental breakfast daily, is willing to stay on with the new owner. The building also has 11 rentable rooms (one currently occupied by the manager), a pair of coin-operated laundry machines, and offers the potential for over $100,000 in net annual income assuming full occupancy. Want more space? There is a Cape Cod style storage building on the property, that could easily be finished, as well as a large garage building featuring an office area, a half bath, three new doors, and a new breaker box. Big enough to accomodate several large vehicles or a car collection, this garage could easily be leased out to provide even more rental income. Thinking of hosting events? The large parking lot, which runs parallel to Park Terrace Drive, provides more than 40 spaces to acoomodate your guests! Also, the blacktopped area to the right of the rear courtyard provides an ideal space for a tent to host outdoor events in the spring and summer months. Don't miss out on this great business opportunity! Bring offers to this motivated seller!
Pending
$795,000
2540 Falling Spring Rd, Chambersburg, PA 17202
11beds
6,500sqft
Est.:
Single Family Residence
Built in 1985
4.36 Acres Lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
- 53 days
- on Zillow |
- 46 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2025 at 10:13am
Listed by:
Jim Penny 717-979-4199,
RE/MAX 1st Advantage (717) 591-5555,
Co-Listing Agent: Cuong Dang 717-319-0236,
RE/MAX 1st Advantage
Source: Bright MLS,MLS#: PAFL2025702

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 2
- Main level bedrooms: 5
Rooms
- Room types: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Great Room, In-Law/auPair/Suite, Storage Room, Utility Room, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Full Bath
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Instant Hot Water, Gas Water Heater
- Laundry: Main Level, Common Area
Features
- Attic, Breakfast Area, Dining Area, Kitchen - Country, Exposed Beams
- Flooring: Luxury Vinyl
- Basement: Exterior Entry,Combination
- Number of fireplaces: 1
- Fireplace features: Decorative
Interior area
- Total structure area: 6,500
- Total interior livable area: 6,500 sqft
- Finished area above ground: 6,500
Video & virtual tour
Property
Parking
- Total spaces: 66
- Parking features: Garage Door Opener, Storage, Driveway, Heated, Detached, Off Street, Parking Lot
- Garage spaces: 16
- Uncovered spaces: 8
- Details: Garage Sqft: 3080
Accessibility
- Accessibility features: Accessible Approach with Ramp, Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Deck
- Exterior features: Tennis Court(s), Balcony
- Pool features: None
- Has view: Yes
- View description: Creek/Stream, Panoramic, Scenic Vista, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Spring
Lot
- Size: 4.36 Acres
- Features: Irregular Lot, Stream/Creek, Wooded
Details
- Additional structures: Above Grade, Outbuilding
- Parcel number: 10D0969
- Zoning: RESIDENTIAL
- Zoning description: (R-1) - Low-Density Residential Zoning District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Cabin/Lodge
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: 100 Amp Service, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fixed Wireless
Community & HOA
Community
- Subdivision: Chambersburg
HOA
- Has HOA: No
Location
- Region: Chambersburg
- Municipality: GUILFORD TWP
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $70,860
- Annual tax amount: $11,182
- Date on market: 3/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Bank Portfolio,Cash,Seller Financing,Lease Purchase
- Inclusions: One Set Of Coin Operated Laundry Machines, Five Refrigerators, Three Microwaves, And One Stand-alone Freezer.
- Exclusions: Seller's Personal Items In Large Garage Building.
- Ownership: Fee Simple
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