SOLD! – Arborbrook Bed & Breakfast for Sale

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Property Address: 98 Elm St.
Newport, New Hampshire 03773
Contact Neal M. Boucher
Contact Email: arborbrook@comcast.net
Contact Telephone: 603-690-5411
Contact Toll-free: n/a
Contact Fax: n/a
Listing Agency: Derek Greene
Agency Address: 4 Field Way
Worcester, MA 01602
Property URL: n/a
Date Business Established: 3/1/2003
Trade Association Affiliations: B&B Association

Area Description: This Colonial style B&B is located in the friendly town of Newport, NH. Overlooking the downtown and foothills of the White Mountains, we are in the geographic enter of New England. There is easy access to golf, hunting, fishing, skiing, lakes and rivers. Sunapee Lake and Mountain resort are only 15 minutes away and three major ski areas are close by with access to major highways I-89 and I-91. Dartmouth Hitchcock Medical Center and Dartmouth College are 30 minutes to the North. Four Season recreational activities and thriving business keep the rooms full. There is a Montessori school, shopping plaza and health center within walking distance.

Site Description: Arborbrook B&B is situated on a very private 2.75 acre corner lot with a view of the town and mountains. The lot is fully landscaped with many mature tree specimens, apple trees, perennial gardens, stone walls, raised garden beds, Zen garden, boulder features and fully fenced perimeter. There is a 19 X 36 kidney shaped Gunnite pool with expansive deck off the family room. A screened Gazebo overlooks the whole back yard and pool area. The gardens were planned to exhibit blooms from early spring through fall and dogwoods provide color to a winter landscape.

Structural Description: This raised cape was built in 1941 with solid construction. There is approximately 5500 square feet of living space. Two additions were added in the late 60s and 70s including the 32 X 60 two story barn and the pool. Renovations and improvements have been ongoing to the present. There are 15 rooms with up to 8 bedrooms, dining room, 3 living or sitting rooms, library, bar and 4 1/2 baths. It is heated by oil, electric and wood. There are 3 wood fireplaces and 1 wood stove. Many built-ins provide lots of shelving for books and all rooms have closets and four have two plus linen closets on both floors. The kitchen has updated granite counters and a view of the courtyard and backyard. Guest rooms have spacing for added privacy. One wing is suitable as owner’s quarters. The spacious barn has room for all of your toys plus a drive through to the rear of the property and a work shop with power. There is a two story deck with a spiral staircase added in 2003. There is an Adirondack room in the basement with a large fieldstone fireplace. There are many square feet of basement storage.

Offering: This spacious and comfortable B&B is being offered for ~~$449,000~~ Reduced to $425,000. The property has a current variance for 4 guest rooms including a suite for 4 with kitchenette and private deck. This B&B was successfully operated for ten years 2002-2012 with international clients and an excellent reputation. It has potential for many professional ventures and a retreat. Financials and guest lists are available. Owners are retiring. Furniture is negotiable. Additional photos can be seen at MLS 4633552. Showings can be scheduled at 603-863-2545.