34 State

Skaneateles, New York

Asking Price: USD $1,950,000
Guest Rooms: 3    3
Owners Quarter: 7    1.5

Property Overview

Boutique Inn located in what is referred to as the "Jewel of the Finger Lakes" the Village of Skaneateles. 34 State is located on the North end of Skaneateles Lake, this charming walkable Village boasts boutique shops, a wide variety of restaurants, a crystal clear lake, and beautiful tree-lined streets with elegant homes.

Take advantage of this once-in-a-lifetime opportunity to own an Inn in the pristine Village of Skaneateles, NY, where lodging and real estate are sought after by individuals from all over the world! Work less and make more money with high-end luxury suites which demand a premium dollar from visitors to this pristine location.

Situated on a large corner lot in the heart of the Village of Skaneateles this makes for a perfect location for hosting guests visiting the area. Walk to the lake, shops, and restaurants from this side street just off the main road. The former home of famed artist John D. Barrow, this 4,668 square foot historic home features an ideal layout offering private space for the owner/innkeeper and privacy for the guests as well. A fenced-in backyard features a hot tub and a beautiful bluestone patio which can be used for the owner’s private space or guests if desired.

About the Owner's Quarters

Very private yet ability to open up to the guest side of property so that home lives/useable as a single family home for entertaining. 2 bedrooms-one with elegant porch, grand eat-in kitchen with walk-in pantry and wet bar, 1.5 bathrooms, spacious laundry/mudroom, large bluestone patio area and hot tub in fenced in backyard.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Lifestyle:
  • Near the Beach Beach
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
  • Near Skiing Ski
Business Description:

Turn-key operation in business since 2015 is the 2nd of it's rare type that the owner has developed. With over 20 years experience and having grown up in this business Katie has curated a business that is not quite like any other you will find. A combination of high-end lodging that operates with ease using the "quiet concierge" method along with an ideal location within walking distance to all of the shops, restaurants and lake make this property a very desirable location not only for travelers but for the owner's lifestyle as well. Make more while working less.

Terms of Sale:

$1,950,000 Offering includes land and property that possesses one of only 3 special use permits to operate a bed and breakfast available in the residential district of Skaneateles Village, land, all furnishings, and contents (less owner’s personal belongings). Contents include a full range of high-end towels and linens(Matouk and Frette), luxurious beds, TVs, electronics, antiques & furniture, appliances & outdoor equipment, business branding & graphics, rights to extant intellectual property, and online assets.

Offered for sale by the current owner– serious inquiries by QUALIFIED BUYERS only, please. Buyers or their representatives are welcome to schedule a showing by appointment. (A 2% commission will be extended to buyers’ agents at closing for the real estate portion of the sale). ADR noted from the time the Village increased the approved number of rentals from 2 to 3 rooms in June 2024 to present.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Katie Hess (Owner)
  3157304690

Sq Ft:

4,668

Owner's Quarters Sq Ft:

1,700

Acres:

1

Year Built:

1839

Last Renovated:

2015

Years in Business:

9
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Financial Overview

Asking Price:

USD $1,950,000

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