Bought with Kathryn Zambon • Real Broker LLC
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78 Cream Hill RD Mendon, VT 05701
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Key Details
Sold Price $1,037,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,398 sqft
Price per Sqft $99
MLS Listing ID 5062511
Sold Date 07/10/26
Construction Status Existing
Year Built 1840
Annual Tax Amount $11,900
Tax Year 2025
Lot Size 5.100 Acres
Acres 5.1
Property Description
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.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning COMM
Rooms
Basement Entrance Walkout
Basement Bulkhead, Exterior Access, Unfinished
Interior
Cooling Individual, Mini Split
Flooring Carpet, Ceramic Tile, Combination, Hardwood, Slate/Stone, Tile, Vinyl Plank, Wood
Exterior
Utilities Available Cable Available, Phone, Propane
Amenities Available Exercise Facility, Playground
Roof Type Asphalt Shingle,Shingle
Building
Story 2
Sewer Public
Architectural Style Farmhouse
Construction Status Existing
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