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231 E Main St, Palmyra, PA, 17078

6beds
6baths
5,838sqft
$699,900
$120price/sqft
$5,151/moest. monthly cost
$206,040/yrincome needed

About This Home

Welcome to Walton Manor Bed & Breakfast, a stunning historic property located on a prominent corner lot in the heart of Palmyra. Offering nearly 6,000 square feet of charm and character, this beautifully maintained home combines timeless elegance with modern updates, making it an exceptional opportunity for an established bed & breakfast or unique residential retreat. Inside, you’ll find gorgeous hardwood floors, five spacious bedrooms, four full bathrooms, and a convenient half bath on the main level. The home features expansive gathering spaces perfect for entertaining guests, relaxing with family, or hosting special events. A private laundry room adds everyday convenience. For added guest comfort, the home has been updated with mini-split units in each bedroom, allowing for personalized climate control throughout the property. The home also features two separate staircases, allowing for convenient and quiet access between floors. The third-floor apartment offers incredible flexibility with its own private entrance, bedroom, kitchen, and full bathroom — ideal for owner accommodations, extended stays, or additional rental income. Guest bathrooms have been tastefully updated with tile flooring, tiled showers, and sleek glass sliding doors. The basement includes a workshop and multiple storage rooms, providing plenty of functional space for business operations or personal use. Outside, the original carriage house serves as the perfect garage for additional storage or covered parking. The property features four paved parking spaces along with two covered parking spaces located in front of the garage for added convenience. The sale includes all furnishings, artwork, appliances, linens, and dining ware, allowing for a truly turnkey opportunity. Showings are best accommodated midweek. Contact us today to schedule your private tour of this one-of-a-kind property!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

7/10
Northside El SchoolGrades 1-50.5 mi
7/10
9/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Permanent
  • Roof: Slate
  • Construction materials: Brick,Masonry,Stick Built

Notable Dates

  • Major remodel year: 2014

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Cooktop,Washer,Gas Water Heater
  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Concrete,Drainage System,Full,Exterior Entry,Unfinished

Bathroom1

  • Features: Bathroom - Tub Shower
  • Level: Upper
  • Area: 48
  • Dimensions: 6 X 8

Bathroom1

  • Features: Attached Bathroom
  • Level: Upper
  • Area: 54
  • Dimensions: 6 X 9

Bathroom2

  • Features: Attached Bathroom,Bathroom - Walk-In Shower
  • Level: Upper
  • Area: 48
  • Dimensions: 12 X 4

Bathroom3

  • Features: Bathroom - Walk-In Shower,Flooring - HardWood,Ceiling Fan(s),Attached Bathroom
  • Level: Upper
  • Area: 280
  • Dimensions: 14 X 20

Bathroom3

  • Features: Attached Bathroom,Bathroom - Walk-In Shower
  • Level: Upper
  • Area: 50
  • Dimensions: 10 X 5

Bedroom1

  • Features: Attached Bathroom,Bathroom - Walk-In Shower,Ceiling Fan(s),Flooring - HardWood
  • Level: Upper
  • Area: 224
  • Dimensions: 16 X 14

Bedroom2

  • Features: Bathroom - Walk-In Shower,Flooring - HardWood,Ceiling Fan(s),Attached Bathroom
  • Level: Upper
  • Area: 300
  • Dimensions: 20 X 15

Bedroom4

  • Features: Flooring - HardWood
  • Level: Upper
  • Area: 143
  • Dimensions: 13 X 11

Bedroom5

  • Features: Flooring - HardWood
  • Level: Upper
  • Area: 110
  • Dimensions: 10 X 11

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Flooring - HardWood
  • Level: Main
  • Area: 308
  • Dimensions: 14 X 22

Features

  • Additional Stairway,2nd Kitchen,Bathroom - Walk-In Shower,Breakfast Area,Ceiling Fan(s),Chair Railings,Crown Molding,Dining Area,Floor Plan - Traditional,9'+ Ceilings,Plaster Walls
  • Door features: Storm Door(s)
  • Window features: Window Treatments
  • Flooring: Hardwood,Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 5,838

Foyer

  • Features: Flooring - HardWood
  • Level: Main
  • Area: 345
  • Dimensions: 15 X 23

Half Bath

  • Level: Main

Heating & Cooling

  • Heating features: Other,Hot Water,Steam,Wall Unit,Electric,Oil
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 7,638
  • Total interior livable area: 5,838 sqft

Kitchen

  • Features: Flooring - Vinyl
  • Level: Main
  • Area: 276
  • Dimensions: 12 X 23

Kitchen

  • Features: Eat-in Kitchen,Dining Area
  • Level: Upper
  • Area: 126
  • Dimensions: 14 X 9

Laundry

  • Features: Flooring - Vinyl
  • Level: Main
  • Area: 99
  • Dimensions: 9 X 11

Library

  • Features: Ceiling Fan(s),Flooring - HardWood
  • Level: Main
  • Area: 270
  • Dimensions: 15 X 18

Living Room

  • Features: Flooring - HardWood
  • Level: Main
  • Area: 360
  • Dimensions: 15 X 24

Living Room

  • Features: Flooring - Carpet
  • Level: Upper
  • Area: 171
  • Dimensions: 9 X 19

Other

  • Features: Flooring - Carpet
  • Level: Upper
  • Area: 225
  • Dimensions: 15 X 15

Other

  • Level: Lower

Other

  • Level: Upper

Other

  • Features: Flooring - Concrete
  • Level: Main
  • Area: 264
  • Dimensions: 24 X 11

Other

  • Features: Dining Area
  • Level: Main
  • Area: 385
  • Dimensions: 11 X 35

Primary Bathroom

  • Features: Bathroom - Walk-In Shower
  • Level: Upper
  • Area: 45
  • Dimensions: 9 X 5

Storage Room

  • Level: Lower

Utility Room

  • Level: Lower

Workshop

  • Level: Lower

Property

Accessibility

  • Accessibility features: Doors - Lever Handle(s),Accessible Doors

Details

  • Parcel number: 162291294357694
  • Zoning: HIGHWAY COMMERCIAL
  • Zoning description: This zone provides suitable locations for retail, service, and entertainment businesses.
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Enclosed,Patio,Porch
  • Exterior features: Sidewalks
  • Frontage length: Road Frontage: 28250

Lot

  • Lot size: 0.38 Acres

Parking

  • Total spaces: 8
  • Parking features: Garage Faces Rear,Garage Door Opener,Storage,Paved,Driveway,Detached,Other,On Street,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Lightning
Strong Wind

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$255$3,060
Property Taxes $717$8,604
Electricity $640$7,686
Total$5,151$61,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,605/yr
40% on housing$154,530/yr
45% on housing$137,360/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 17078$153
Lebanon County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 17078$178
Lebanon County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$925,000
2012-04-30Sold$204,000
2012-03-29Price change$225,000
2011-12-14Listed for sale$250,000

For Sale by Agent

AgentChristina Bailey
BrokerageColdwell Banker Realty

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