Idlwilde Inn $1,850,000

Idlwilde Inn has been successfully operated as a bed and breakfast for the past 15 years. The inn and carriage house sit on 2+ acres of beautifully landscaped property overlooking Seneca Lake. This family business is being offered for $1,850,000. The main mansion has 13 guest rooms, 9 with private baths. There is a handicap accessable room on the first floor. The Carriage House has 2 guest rooms each with a private bath. The common areas enjoyed by the guests are the living room, library, porch and gazebo. The elegant dining room accommodates 30 guests. The craftsmanship and furnishings of the inn are exquisite. There is a full usable basement with laundry facilities. Innkeepers quarters are located in the main mansion.
Idlwilde is located in the heart of the New York Fingerlakes region and wine trail. The scenery of the countryside and Seneca Lake are breath taking. The inn is 10 minutes from Watkins Glen International Raceway that attracts spectators and race car drivers from all over the world. The short walk to village center offers unique shops and many fine restaurants. The gorge at the Watkins Glen State Park attracts thousands of tourists annually. Idlwilde is thirty minutes from Corning and the Corning Glass museum; thirty minutes from Ithaca and Cornell University and two hours from Rochester and Syracuse.
The seasonal calendar offers many festivals and events in the area. The bed and breakfast's season is from mid April to the end of October, but can easily be expanded at the choice of the new innkeepers.
Recent renovations include side door and balcony, painting of dining room and ceiling, roof repairs, new furnace and new hot water heater.
The business is offered as turnkey. Training will be provided. Please call to make arrangements to see the inn. You don't want to miss this opportunity to own a premier inn in the popular destination of the Fingerlakes Wine Country.

Details

Built in 1892
14 years as B&B
Last renovation in 2011
For Sale By Owner

15 Guest Rooms
13 Guest Bathrooms
Lot size: 2.50 acres
18 Parking Spots
Has owner's quarters

$1,850,000
For Sale By Owner
38% annual. occ. rate
$176.00 avg daily rate
$174,000 gross revenue
$161,000 room revenue

Listing Agent

Carlo and Nancy Castellana, John and Maria van den Hurk
JMCN, LLC
One Lakeview Avenue
Watkins Glen, NY 14891
Phone: +1-607-535-3081
email: idlwilde@hotmail.com