PRICE REDUCED AGAIN!
Owner needs to relocate, so come see this amazing property and make an offer!
A contemporary mansion on private picturesque acreage with gazebo, plus park benches overlooking the spring-fed pond. Located in Fairhope’s Montrose Historic District, it is only 3.5 miles from downtown Fairhope, next to Daphne city limit, only 13 miles from downtown Mobile and the Carnival Cruise terminal, and convenient to major airports in Mobile, Ala., and Pensacola, Fla., while also being tucked away to offer a secluded feel. It is convenient to golf courses, shopping, bay and gulf beaches, fine and casual dining, museums, and other area attractions, making it a wonderfully centralized location to all there is to see and do.
There are six guest rooms (two are in a suite with private great room and shared bath), 6.5 baths, living room, great room, dining room, self-service room, expansive deck, two-car garage and storage sheds. Five guest rooms are on the second floor and one is at ground level with a private entrance. The innkeepers’ private areas include spacious, well-equipped kitchen, dining atrium, office/den, bedroom, bath, walk-in closets, and second office area in a hallway behind privacy screens.
Enjoy living in this great house while having the tax benefits of a home-based business. The inn was started in the fall of 2004. The extensive private grounds, six guest rooms and large common areas connected in an open concept around the huge deck makes it ideal for intimate weddings, reunions, business retreats. Majority of business comes from guests within a day’s drive, but there have been guests from throughout the United States and other countries.
Asking price is only for the real estate as-is. Furnishings, decor and other business assets can be purchased and would be negotiated separately.
This property is agent owned. Contact Mary McNair, Realtor with Cortright & Co. in Fairhope, at the inn (866-433-3299), at the office (251-928-5141) or on her cell (251-295-5267) us the Contact Us form on the inn's website to send an e-mail. Those interested in making an offer will be referred to the broker, Beverly Cortright, for assistance processing the offer.
Attention Realtors: The business or items purchased separately will not be commissionable and must be negotiated directly with the sellers.
Details
- Built in 1980
- 5 years as B&B
- Last renovation in 1984
- MLS #143435
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- 6 Guest Rooms
- 5.50 Guest Bathrooms
- 8 Parking Spots
- Has owner's quarters
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- $1,650,000
- 26% annual. occ. rate
- $176.00 avg daily rate
- $88,600 gross revenue
- $83,380 room revenue
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Location
24437 Main St. (in Montrose) Fairhope, AL 36532
Photos (click to enlarge)
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