294 Freshwater Cove Ln - Hospitality FOR SALE


Lovingston, VA 22949
$2,900,000 USD
540-229-3158
294 Freshwater Cove Ln, Lovingston, VA for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/39
null | 6.9% Cap Rate

294 Freshwater Cove Ln
Lovingston, VA 22949


HIGHLIGHTS

  • 37 Picturesque Acres
  • Art Work and Furnishings Convey
  • Turn Key Business Opportunity
  • Brokers Open House only on November 21st from 11-4pm.

OVERVIEW

BROKER’S OPEN / 11/21/24 / 11:00am - 4:00pm Discover Red Hill Bed and Breakfast – A Timeless Escape in Lovingston, Virginia Nestled on 36 picturesque acres, Red Hill Bed and Breakfast is a captivating colonial home, originally built in 1835 and beautifully renovated in 2021. With approximately 3,340 square feet of luxurious living space, this enchanting estate features oak hardwood floors, a gourmet kitchen, and elegantly appointed rooms adorned with artwork and antique furnishings—all of which convey with the property. This exceptional offering also includes selling a turnkey business, allowing you to enter a successful operation. Enhancing the appeal, a negotiable 2,280 square foot prefab modular home awaits, featuring four bedrooms, 2.5 baths, an open floor plan, dual heating units, and a spacious back deck. The master suite boasts a huge walk-in shower with grab bars and double vanity sinks, while an outdoor shed adds convenience. Additionally, the property features a charming 900-square-foot cottage, complete with a full bathroom and kitchen. With horses and farm animals welcome, the expansive grounds provide an ideal environment for animal lovers and those seeking a taste of country living. As you step onto the grounds, you're greeted by stunning mountain views, rolling hills, and starry skies, creating the ultimate backdrop for romantic getaways, private dinners, weddings, and unforgettable events. Experience the perfect blend of Victorian charm and modern comfort in a serene setting where every corner radiates tranquility. Make your dreams a reality at Red Hill, where luxury meets history in the heart of Virginia.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$713 USD /SF

# OF ROOMS

5

PRICE/ROOM

$580,000 {currency}

CAP RATE

6.9%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Hill Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1835

PARKING SPACES

10

LAND DETAILS

LAND ACRES

35.07 AC

LAND SF

1,527,649 SF

ZONING

B2

APN/PARCEL ID

67-A-60

ASK ABOUT THIS PROPERTY

Krystle SmithCENTURY 21 NEW MILLENNIUM-CULPEPERMore Info
540-229-3158

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Krystle SmithCENTURY 21 NEW MILLENNIUM-CULPEPERMore Info
540-229-3158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.