2540 Falling Spring Road
CHAMBERSBURG, PA 17202
- 11 beds
- 6 baths
- 6,500 sqft
- ~4 acre lot
- $122 per sqft
- 1985 build
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!
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Last updated Mar 6, 2025
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MLS# PAFL2025702 —
The Building
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Year Built:1985
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Year Built Source:Estimated
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Roof:Metal
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New Construction:No
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Construction Materials:Wood Siding
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Structure Type:Other
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Architectural Style:Other, Cabin/Lodge
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Levels:2
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Accessibility Features:Ramp - Main Level, Level Entry - Main
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Basement:Yes
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Basement Type:Outside Entrance, Combination
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:6500
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Above Grade Finished SqFt Source:Estimated
Interior
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Interior Features:Attic, Breakfast Area, Dining Area, Kitchen - Country, Exposed Beams
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Room List: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
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Flooring Type:Luxury Vinyl Plank
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Non-Functioning
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:6500
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Living Area SqFt:6,500 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Bank Portfolio, Cash, Seller Financing, Lease Purchase
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Possession:Settlement
Location
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Directions:From Downtown Chambersburg, drive east on US-30 (Lincoln Way East) for 1.7 miles, turn right at the Hoss's and KFC onto Falling Spring Road, and continue for 2.8 miles. Then, turn right to stay on Falling Spring Road and continue to your destination, The Falling Spring Bed and Breakfast Lodging House, which will be 381 feet on your right.
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Latitude:39.90273000
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Longitude:-77.59957000
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Location Type:Spring
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:4.36
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Lot Size Source:Estimated
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Lot Features:Irregular, Stream/Creek, Partly Wooded
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Lot SqFt:189,921 Sqft
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Inclusions:One set of coin operated laundry machines, five refrigerators, three microwaves, and one stand-alone freezer.
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Exclusions:Seller's personal items in large garage building.
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Zoning:RESIDENTIAL
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Zoning Description:(R-1) - Low-Density Residential Zoning District
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View:Creek/Stream, Panoramic, Scenic Vista, Trees/Woods
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Outdoor Living Structures:Patio(s), Deck(s), Balcony
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Other Structures:Above Grade
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Waterview:Yes
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 979-4199
- Office phone:
- (717) 591-5555
Taxes
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Tax ID Number:10-D09-69
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Tax Year:2022
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Tax Annual Amount:$11,182
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Tax Assessed Value:$70,860
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Year Assessed:2022
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:11
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Bedrooms Main Level:5
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Upper Level Bedrooms:6
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Upper Level 1 Bedrooms:6
Baths
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Total Baths:6
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Full Baths:6
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Main Level Baths:2.00
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Main Level Full Baths:2
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Upper Level Full Baths:4
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Upper Level Total Baths:4
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Upper Level Total Baths:4.00
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Upper Level Full Baths:4
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service, 200+ Amp Service
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Hot Water:Electric, Instant Hot Water, Natural Gas
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Water Source:Public
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Internet Services:Fixed Wireless
Appliances
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Laundry Type:Main Floor, Common
Schools
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Middle School:Faust Junior High School
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High School:CHAMBERSBURG AREA SENIOR
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School District Name:Chambersburg Area
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School District Source:3rd Party
The Community
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Subdivision Name:Chambersburg
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Senior Community:No
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Exterior Features:Outbuilding(s), Tennis Court(s)
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:66
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Garage:Yes
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Garage Features:Garage Door Opener, Additional Storage Area
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Garage Spaces:16.00
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Garage SqFt:3080
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Type of Parking:Driveway, Detached Garage, Off Street, Parking Lot
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Parking Features:Paved Driveway, Heated
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# of Detached Garage Spaces:16
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Driveway - # of Spaces:8
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Parking Lot - # of Spaces:42
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$795,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,256
|
Taxes | $931 |
Insurance | $218 |
Utilities | $387 See report |
Total | $5,792/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/5/25
Mar 5, 2025
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Pending | BRIGHT | $795,000 |