Spacious and elegant! Summerfield Inn is a gracious, 1920’s era, Colonial Revival brick home with an owner’s quarter’s addition built in 1985 and a 1995 Carriage House addition. The ground level, with 10’ ceilings, features a large entry foyer, a living room with a fireplace, a library/family room with a fireplace, a powder room, a dining room, a sunroom, a guest kitchen, the inn kitchen, and the laundry. The luxurious owner’s quarters is accessed from the kitchen and features 2 bedrooms and baths, a den or office with an outside entrance, and lots of closet space. The second level, with 9’ ceilings, has 4 comfortable guest rooms. Each guest room has a private bath. The third level is a large, finished area with dormer windows on three sides. It is ideal additional space for the owners and could be a studio, a children’s playroom, or an office. The Carriage House is joined to the main house by a covered breezeway. It has 3 guest rooms with individual temperature controls, a guest kitchen, a laundry, and 10’ ceilings throughout. The Carriage House guest rooms each have a private bath with a whirlpool tub. All 7 guest rooms have TV’s, private telephones, and a data port for computers. Summerfield Inn has consistently maintained an above average daily rate with occupancy in the 30's. The inn is in excellent physical condition and has a superb reputation. Located one block from the Barter Theater, one can walk to restaurants and shops. Settlement
Details
- Built in 1920
- 19 years as B&B
- Last renovation in 1985
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- 7 Guest Rooms
- 7 Guest Bathrooms
- 6250 sq ft
- Lot size: 0.66 acres
- 1 Parking Spots
- Has owner's quarters
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- $1,100,000
- 32% annual. occ. rate
- $146.49 avg daily rate
- $134,100 gross revenue
- $19,157 room revenue
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Listing Agent
Pete Holladay, TMG, Inc - Virginia Inn Brokers
599 Fox Hunt Road
Glasgow, VA 24555
Phone: 1.540.4636688
Cell: 1.540.4636688
email: tmg@virginiainnbroker.com
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Location
101 Valley Street Abingdon, VA 24210
Photos (click to enlarge)
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