Multi-Family $ 1,374,000

78 Cream Hill RD

Mendon, VT 05701

  • 10,398 SqFt
  • 5.1 Lot Size
  • 1840 Year Built
There's nothing like it! This historic 1840's farmhouse-turned-inn has been hosting guests ever since its conversion in 1940. This traditionally beautiful property features 16 uniquely decorated guest suites, 50 seat restaurant with a commercial kitchen, additional outdoor patio seating, and an adjoining pub. Plus, you can live on-site in the spacious 3-bed, 2-bath inn-keeper's apartment. As for the shared common spaces, you'll find a cozy lobby with an attached split-level sun porch, in-ground seasonal pool, outdoor grill and fire pit, porch with a hot tub located off of the fitness center, an indoor steam sauna, 24/7 beverage center, game room, and library. The property currently sits on 5.1 acres and has a level lot with ample parking area. Located behind the inn is another 2.5 acre wooded/undeveloped lot that conveys with the sale. The potential for expansion is there! Already on the Alpine Pipeline, the inn is permitted for 10 ERUs, making it so you could almost double the capacity. The 16 suites are currently averaging $200 per night, making the potential estimated annual income just over $800,000 (at 70% occupancy). Operating expenses are around $200,000 thus far in 2025 with only lodging and continental breakfast being offered. This is a well-known location for weddings and retreats and could become another well-established restaurant servicing the Killington/Pico/Rutland area once again. In-person showings are by APPOINTMENT ONLY.
Listed by Kathryn Zambon of Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 10, 398 sqft

    Price per Sqft $132

    MLS Listing ID 5062511

    Construction Status Existing

    Year Built 1840

    Annual Tax Amount $11,900

    Tax Year 2025

    Lot Size 5.100 Acres

    Acres 5.1

  • Location

    State VT

    County Vt-rutland

    Area Vt-Rutland

    Zoning COMM

  • Rooms

    Basement Entrance Walkout

    Basement Bulkhead, Unfinished, Exterior Access

  • Building

    Story 2

    Sewer Public

    Architectural Style Farmhouse

    Construction Status Existing

  • Interior

    Cooling Individual, Mini Split

    Flooring Carpet, Ceramic Tile, Combination, Hardwood, Slate/Stone, Tile, Wood, Vinyl Plank

  • Exterior

    Utilities Available Cable Available, Propane, Phone

    Amenities Available Exercise Facility, Playground

    Roof Type Shingle,Asphalt Shingle

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CONTACT

Kathryn Zambon
Kathryn Zambon

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