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 electric 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 Carriage House and Lower-level rental. 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.