The Perry House Bed & Breakfast $1,750,000

Nestled in the Blue Ridge mountain chain between the resorts of Beech and Sugar Mountains, two hours from Charlotte and three hours from Raleigh-Durham, lies the unique village of Banner Elk, NC and its historic centerpiece, The Perry House Bed & Breakfast. Built in 1903 and totally renovated in 1999 to be a modern bed and breakfast, The Perry House is the most prominent home and business in the village. The wrap-around front porch offers commanding viewing of Grandfather and Sugar Mountains and with the southern exposure allows for year-round comfort. The Perry House is also a very short walk from Lees-McRae College and its many cultural, academic, and athletic activities. Another short walk down the hill places you in the middle of the village with its many shopping choices and wide variety of dining options. The Perry House is a unique turn-key opportunity in a growing year-round resort. All furnishings and house wares (except a few family heirlooms) will convey in the sale Located on 2.6 acres in the heart of the prosperous resort village of Banner Elk, NC, the property contains The Perry House Bed and Breakfast, the most prominent home in the village, as well as a retail building located on Main Street presently operating as a deli. The undeveloped portion of the property is perfect for additional commercial and/or residential development. Since the opening in 2001, The Perry House B&B has shown steady growth while garnering a reputation for excellent customer service and comfort. Since 2002, the B&B has operated in the black. Continued growth of the resort community and surrounding areas signals continued growth in occupancy and profitability of the B&B business. The deli located on Main Street has also demonstrated the same growth and success. From its opening in November of 2001 to the present day, Dunn’s Deli has continued to please and develop a very loyal repeat clientele from the locals, the numerous part-time residents and visitors, Negotiable

Details

  • Built in 1903
  • 6 years as B&B
  • Last renovation in 1999
  • 5 Guest Rooms
  • 5 Guest Bathrooms
  • 4500 sq ft
  • Lot size: 2.60 acres
  • Has owner's quarters
  • $1,750,000
  • 43% annual. occ. rate
  • $109.00 avg daily rate
  • $80,000 gross revenue

Listing Agent

Mike or Robin Dunn
PO Box 2512
Banner Elk, NC 28604

Phone: 1.828.8983500
Cell: 1.877.8064280
email: perryhouse@skybest.com

Location

153 Klonteska Drive PO Box 2512 Banner Elk, NC 28604-2512

Photos (click to enlarge)

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