1474 Profile Rd, Franconia, NH - Lovett's Inn

Hospitality for Sale
Catylist Listing ID: 30876174
Property Subtypes: Bed & Breakfast, Extended Stay, Hotel, Inn, Motel, Recreation Cabins, Ski & Sun, Vacation Rental(s), Other
Number of Units: 19 Units
Building Size (RSF): 18,633 SF
Gross Building Area: 15,000 SF
Gross Land Area: 7.04 Acres
Sale Price: $1,699,900
Unit Price: $89,468.42 Per Unit
Property Use Type: Investment, Business
Building Name: 1474 Profile Rd
Sale Terms: Cash to Seller
Last Updated: 9/6/2024

Overview / Comments

In 1928, the charming estate known as "The Lafayette Brook Farm" was transformed into Lovett’s Inn, a New England Country Inn that has welcomed esteemed guests like the Kennedys and the iconic Bette Davis. Guests are drawn to Lovett’s for its tradition of warm hospitality, fine dining, quaintly decorated rooms, and personalized service.

Lovett’s Inn is a turn-key legacy, perfectly situated just a stone’s throw from the immensely popular Franconia Notch State Park, featuring Echo Lake and Cannon Mountain. Nestled within the National Forest, this prime location is the closest lodging facility to the mountain ensuring a steady stream of tourists year-round. From summer activities like hiking, biking, fishing, and swimming to winter sports such as ice climbing, skiing, and snowshoeing, Lovett’s Inn is a year-round destination. The property even abuts groomed trails for an unparalleled cross-country skiing experience right from your doorstep, with spectacular mountain views as your backdrop.

The property boasts 18 beautifully decorated guest rooms—five in the main Inn and thirteen in six private cottages scattered throughout the grounds. Lovett’s Inn has long been a sought-after wedding venue, capable of hosting weddings with over 300 guests. For added convenience and prestige, consider adding a helicopter pad (with town approval) to expedite commutes from Boston or for making a grand entrance.

Guests will delight in gourmet dishes prepared in the spacious and well-equipped commercial kitchen. The intimate dining room & pub inside of the Inn seats 70 guests comfortably and overlooks an outdoor patio, swimming pool, and the breathtaking mountain views. These elements combine to create unforgettable and long lasting memories.

Additionally, there is a private owner's home on the property. Set at the back of the estate for privacy and views, this bright and spacious home features 3 bedrooms, 2.5 bathrooms, hardwood floors throughout, and an excellent floor plan. It can serve as living quarters for owners or staff or be used as a private retreat for main guests during weddings and events.

This estate, with its unmatched location and mountain views, is ready for the next owner to continue the legacy or to bring their own dream to life while continuing to create magical memories for years to come.

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 000018000025000000
Zoning: RESIDENTIAL B
Retail Clientele: Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Feet of Frontage: 477
Highway Access: I-93 N to NH-18 N in Franconia. Take exit 34C from I-93 N, Turn left onto NH-18 N, in about 2.7 miles the property is on the left.
Site Description: Parking: Gravel-50 HVAC: Oil,Prop/AC Const.Type: Wood Frame
Area Description: In the heart of the White Mountains
Nearby Attractions: It’s a year-round destination thanks to the huge array of outdoor activities, from fishing, hiking, biking, & swimming in the warmer months, to skiing at Cannon, Loon, Bretton Woods, Attitash, & Wildcat or x-country skiing & visiting the famous Ice Castles in the winter.
Total Number of Buildings: 8
Number of Stories: 2
Property Condition: Good
Year Built: 1784
Construction/Siding: Wood Siding
Water Recreation: Outdoor Pool, Other
Parking Description: Large parking lot and multiple places to park throughout the property.
Sprinklers: Other
Heat Type: Propane, Oil, Hot Water, Steam
Heat Source: Baseboard, Wall Units, Radiant
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: See Attached Zoning Ordinances
Lot Frontage: 477 feet and 332 feet
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,667 1,667
Median Age: 52.94 52.94
Households: 738 738

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