SOLD! – The Bromfield Inn

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SOLD!

Property Address: 60 Woodside Dr.
Brevard, North Carolina 28712
Contact: Abe and Pam Pallas, Owners/Innkeepers
Contact Email: info@thebromfieldinn.com
Contact Telephone: 828-577-0916
Contact Toll-free: n/a
Contact Fax: n/a
Property URL: https://thebromfieldinn.com/
Date Business Established: 03/01/18
Trade Association Affiliations: Transylvania County Chamber of Commerce

Area Description: Brevard, North Carolina, known as The Land of the Waterfalls, is located in Western North Carolina. In a county that is home to over 250 waterfalls, the city is a mecca for those who love the outdoors. With three forests within a short drive from downtown, there is no shortage of places for people to hike, camp, or bicycle. Brevard is also known for its vibrant music community. It is home to the Brevard Music Festival, which runs seven weeks each summer, as well as the Brevard Philharmonic and the annual bluegrass festival, Mountain Song. The arts abound as well, with numerous art studios open for public viewing. For those interested in water activities, there is rafting, kayaking, and fly fishing in the nearby French Broad and Davidson Rivers. Visitors can explore a wide range of shops, casual cafes and upscale restaurants in the quaint but vibrant downtown. And no visit to Brevard would be complete without a visit to Rocky’s Grill and Soda Shop, Brevard’s original 1940s-era soda fountain and eatery. or a sighting of a white squirrel, Brevard’s signature resident. Brevard was recently cited by Smithsonian Magazine as one of the 15 Best Small Towns to Visit in 2021.

Site Description: The 6,400 square foot stone house sits on a rise that comes into view as guests pass through the wrought iron gates and climb the short drive onto the grounds. The property, fully fenced, is two landscaped acres. There is a short walking trail around the property, where guests can pass by beautiful stands of rhododendron, holly, mountain laurel and hydrangea. The patio area features a fountain and several seating areas. The open-air veranda sits on the side of the house surrounded by trees and flowering shrubbery, a perfect place for guests to relax with a cup of coffee or a glass of wine. The property is just a short walk to Brevard’s downtown shops, restaurants and art galleries. It is a short drive to Pisgah National Forest, DuPont State Park, and Gorges State Park.

Structural Description: The historic Bromfield Inn was built in 1926 during the Great Gatsby era by prominent businessman James Bromfield. This elegant colonial revival masterpiece has been restored to its original splendor while incorporating modern amenities throughout. It is located on two beautifully landscaped acres, just a few blocks from Brevard’s quaint but vibrant downtown. A large foyer welcomes guests with a sweeping view of the long, wide hallway, staircase and leaded glass transoms. Rich woven wallpaper and creamy, detailed wainscoting provide a feel of luxury and warmth. The Inn features six bedrooms with en suite baths, dining room, parlor, library, open-air veranda, landscaped courtyards and a large, well-equipped kitchen. The Inn is a luxury establishment, catering to guests who wish to relax in a quiet, tranquil setting. Each guest room is uniquely furnished. King beds are wrapped in luxurious linens; baths have large walk-in showers and deep soaking tubs. The parlor is a cozy place to curl up by the fire with a book from the Inn library; the open-air veranda overlooks the landscaped grounds, a peaceful, relaxing setting. The gardens welcome walkers and the patio is a perfect spot for dining al fresco. The dining room seats 20 comfortably, perfect for catered luncheons, small wedding dinners, and other affairs. Owner’s quarters include two bedrooms with baths, which could be used as guest rooms.

Offering: Offered at $2,250,000. Sold as a turn-key operation.

The house and property alone are valued at between $2.2 and $2.6 million. Sale includes all furnishings, bedding, linens, cookware, dinnerware, etc. as well as outdoor wicker furniture, patio seating, and benches in the gardens and walking paths. Paintings by a local artist, Mike Tiddy, valued at $2500, will remain at the Inn. Some of the Innkeepers/owners’ personal items will be excluded from the sale. A full inventory is available by request.

Now in its fifth year of operation, Inn revenues have increased steadily year to year. The Inn has a strong customer base with a large percentage of repeat guests. Trip Advisor awarded the Inn “Travelers’ Choice Award” in 2020 and 2021. Gross room revenue in 2021 was 70% higher than 2020, with an anticipated 2022 gross room revenue 20% higher than 2021.