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234 W Fairmount Ave, State College, PA, 16801

8beds
9baths
6,820sqft
$2,585,000
$379price/sqft
$16,780/moest. monthly cost
$671,200/yrincome needed

About This Home

In the heart of downtown State College, this remarkable 1922 stone home—designed by noted architect A. Lawrence Kocher—offers 6,820 finished square feet of timeless elegance and modern functionality across four levels of the main house plus a fully renovated carriage house. Set on a spacious .40-acre lot, the main home features 5,406 sq ft above grade and 1,414 sq ft of beautifully finished lower-level space. Additional information available on current rental permits and income as well potential ability to increase in occupancy for full B&B operation.  A classic Georgian Four Square layout with a large entry foyer opening to all main rooms allowing for unparalleled entertaining. Thoughtful original details throughout the home include crown molding, real wood floors, French doors to most rooms on first floor, stairway railing and windows. Care has been taken by current owners to bring the home into a new modern era without eliminating the character and visual appeal of this period masterpiece. Walk into the heated vestibule complete with coat closet with a window and custom door. Mail is delivered right into your mailbox that opens directly inside. Continue through the French door into the main foyer. You can see every room from this vantage point. The fabulous kitchen was painstakingly designed to hide all your necessities yet leave them in easy reach. The quartzite countertop wraps around for ample workspace. Notice how the countertops were designed on a full flat level rather than lowering in front of the windows. A 5-burner gas cooktop with custom hood and backsplash. Built in dual ovens with convection and microwave. Built in Bosch coffee station. Open living room, dining room and small office/nook complete the main floor. A beautiful living room gas fireplace is visible from the hallway. All the wood floors on this level have been recently refinished and the walls and trim painted. Off to the far right there is an enclosed side porch with a fireplace that opens to the yard. Lined with windows it a bright sunny retreat. French doors to the living and dining area are original. The staircase to the second floor features a large window that views mountains. A large landing foyer that opens to all rooms. 4 bedrooms, each with their own bath. The primary has a fireplace that is not in use. A walk-in closet can be entered from the bedroom and bathroom. Large bath has radiant heat floor, jetted tub, stall shower, double vanity, Toto toilet and heated towel rack. Connects to a bedroom that can be closed off or used as additional closet space. Two additional bedrooms have captive full baths, one recently remodeled. The third floor has two cozy bedrooms with nooks and crannies and captive full bathrooms. A cedar closet is located here also. The backyard is an oasis with several stone patios for small intimate gatherings or large-scale entertaining. A pond with running stream and fish sends soothing sound through the yard. This is a favorite feature of the current owners. There is an invisible fence for your pets too. The main house exterior is all stone with a slate roof. Parking is ample with capacity for 13 cars on the property. There is also street parking nearby. This is the only property in the Borough of State College zoned as a Bed and Breakfast. Current rental permits for Main house and Carriage House. This one-of-a-kind property offers unmatched walkability to Penn State University, downtown shopping, restaurants, and nightlife—all while providing an expansive, private retreat in the center of it all. Bedroom & Full Bathroom listed on Main Floor in Room Count fields represents the Carriage House bedroom and bathroom. More details available to agents in documents tab. Password for 3D tours is limestone all lower case.

Getting Around

91
WalkingWalker's Paradise
43
TransitSome Transit
91
BikeBiker's Paradise

Schools

7/10
9/10
7/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1922

Materials

  • Foundation: Stone,Other
  • Roof: Slate
  • Construction materials: Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Range,Dishwasher,Disposal,Dryer,Double Oven,Oven,Range Hood,Refrigerator,Six Burner Stove,Washer,Water Conditioner - Owned,Electric Water Heater
  • Laundry features: Main Level,Upper Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Partial,Full,Heated,Interior Entry,Exterior Entry,Partially Finished,Walk-Out Access

Bedroom2

  • Features: Flooring - Wood,Attached Bathroom
  • Level: Upper
  • Area: 156
  • Dimensions: 13 X 12

Bedroom3

  • Features: Flooring - Wood,Attached Bathroom
  • Level: Upper
  • Area: 169
  • Dimensions: 13 X 13

Bedroom4

  • Features: Flooring - Wood
  • Level: Upper
  • Area: 195
  • Dimensions: 13 X 15

Bedroom5

  • Features: Flooring - Wood,Attached Bathroom
  • Level: Upper
  • Area: 117
  • Dimensions: 9 X 13

Bedroom6

  • Features: Flooring - Wood,Attached Bathroom
  • Level: Upper
  • Area: 168
  • Dimensions: 8 X 21

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 9
  • Full bathrooms: 8
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Den

  • Level: Main
  • Area: 121
  • Dimensions: 11 X 11

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 12 X 15

Family Room

  • Features: Flooring - Concrete
  • Level: Lower
  • Area: 429
  • Dimensions: 13 X 33

Features

  • Bathroom - Tub Shower,Built-in Features,Butlers Pantry,Cedar Closet(s),Dining Area,Floor Plan - Traditional,Formal/Separate Dining Room,Kitchen - Gourmet,Kitchen - Table Space,Pantry,Primary Bath(s),Studio,Upgraded Countertops,Walk-In Closet(s),Plaster Walls
  • Window features: Skylight(s),Window Treatments
  • Flooring: Ceramic Tile,Hardwood,Wood
  • Number of fireplaces: 3
  • Fireplace features: Gas/Propane,Screen
  • Fireplace: Yes
  • Finished area below ground: 1,414
  • Finished area above ground: 5,406

Foyer

  • Features: Flooring - Wood
  • Level: Main
  • Area: 290
  • Dimensions: 10 X 29

Half Bath

  • Level: Main

Heating & Cooling

  • Heating features: Forced Air,Electric,Natural Gas,Oil
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 6,820
  • Total interior livable area: 6,820 sqft

Kitchen

  • Level: Main
  • Area: 255
  • Dimensions: 15 X 17

Laundry

  • Level: Main
  • Area: 195
  • Dimensions: 15 X 13

Living Room

  • Features: Fireplace - Gas
  • Level: Main
  • Area: 308
  • Dimensions: 14 X 22

Other

  • Features: Flooring - Concrete
  • Level: Lower
  • Area: 216
  • Dimensions: 27 X 8

Other

  • Level: Upper

Other

  • Level: Upper

Other

  • Level: Upper

Other

  • Level: Upper

Other

  • Level: Upper

Other

  • Features: Flooring - Concrete
  • Level: Lower
  • Area: 80
  • Dimensions: 8 X 10

Primary Bathroom

  • Features: Flooring - Heated,Bathroom - Jetted Tub,Bathroom - Walk-In Shower
  • Level: Upper
  • Area: 120
  • Dimensions: 8 X 15

Primary Bedroom

  • Features: Walk-In Closet(s),Balcony Access
  • Level: Upper
  • Area: 252
  • Dimensions: 12 X 21

Screened Porch

  • Features: Fireplace - Gas
  • Level: Main
  • Area: 270
  • Dimensions: 10 X 27

Property

Accessibility

  • Accessibility features: Roll-in Shower

Details

  • Parcel number: 36017,102,0000
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Enclosed,Patio,Porch,Screened Porch
  • Exterior features: Sidewalks
  • Spa features: Bath
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 0.40 Acres
  • Features: Rear Yard,SideYard(s),Downtown
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 3
  • Parking features: Storage,Covered,Garage Faces Side,Garage Door Opener,Oversized,Driveway,Paved,Alley Access,Attached Carport,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1

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 WeatherVery High
  • Lightning
    LightningRelatively High
  • 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 $13,071$156,852
Home Insurance *$721$8,652
Property Taxes $2,240$26,880
Electricity $748$8,979
Total$16,780$201,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$575,314/yr
40% on housing$503,400/yr
45% on housing$447,466/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$379This listing

vs Other Active Listings

Avg $/sqft

ZIP 16801$267
Centre County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 16801$207
Centre County$188

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
2026-04-17Listed for sale$2,585,000
2025-09-01Listing removed$2,850,000
2025-03-26Listed for sale$2,850,000
2013-04-16Listing removed$625,000
2013-03-22Listed for sale$625,000
2012-05-22Listing removed$750,000
2011-04-02Price change$750,000
2011-01-08Price change$964,000
2010-05-30Listed for sale$989,000

For Sale by Agent

AgentEllen Kline
BrokerageKissinger, Bigatel & Brower

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