SOLD - Steeles Tavern Manor Bed and Breakfast

Raphine, Virginia

Asking Price: USD $3,300,000
Guest Rooms: 10    10
Owners Quarter: 1    2

Property Overview

The Manor was originally built in 1916 as a tavern with guest lodging. Cabins were added in the early 2000s, which are fully self-contained with kitchens and private outdoor hot-tubs. 50+ acres full of trees and fields, with pond and stream makes this a true paradise in the Shenandoah Valley.

Staunton, VA was called out as one of the best small towns in America in several venues, including USA Today, Smithsonian, and Southern Living Magazine, and many of those same publications have also recognized Lexington, Virginia as of the best small towns in the South. Steeles Tavern is almost exactly halfway between them!

The Shenandoah Valley has a wealth of historical and natural attractions. There are many wonderful things to see and do, including breweries, vineyards, theatre, and outdoor activities. It's a paradise for hikers, from pleasant strolls in the National Park to the workouts along the Appalachian Trail. And don't forget about things like touring farms, caves, and even blowing glass...there is a wealth of other activities that guests will come to the area to enjoy.

About the Owner's Quarters

Main bedroom + bonus room. Large great room with office space. Private deck with mountain and pool views.

Features:
  • Has a Pool Pool
  • Has a Barn Romantic
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Near Horses Horse
Business Description:

Steeles Tavern is an quick drive from major metropolitan areas like RTP and Greensboro, NC, Norfolk and Richmond, VA, and Washington, D.C.

Excellent cash flow and profitability truly make this an investment-grade property.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0

Sq Ft:

8,900

Owner's Quarters Sq Ft:

1,000

Acres:

51

Year Built:

1916

Last Renovated:

2021

Years in Business:

20
Financial Overview

Asking Price:

USD $3,300,000

Other Properties You May Like

15
Thousand Island Hart House inn for sale

Thousand Island Hart House

Wellesley Island, New York

Asking Price: USD $1,595,000
Guest Rooms: 10    10
Sq Ft: 8,555
9
Beach Street Inn inn for sale

Beach Street Inn

Saint Martins, New Brunswick

Asking Price: CAD C$1,570,000
Guest Rooms: 14    14
Owners Quarter: 2    1
15
Ebenezer House Bed & Breakfast inn for sale
Asking Price: USD $590,000
Guest Rooms: 5    5
Owners Quarter: 1    1