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Fitch Hill Inn Hyde Park, Vermont

Hyde Park, Vermont

Asking Price: $499000 / Number of Rooms: 6 rooms


Come and experience the tranquility of our 18th century Vermont home

 

The Fitch Hill Inn was originally the farmhouse on 100 acres just above Hyde Park village.  The farm is now a residential community on a quiet dead-end street (a real bonus – minimal traffic noise) and the inn retains 3.4 acres of lawn and woods.  The current owners have been cutting their firewood from the existing woodlot.

Real Estate:

The main house was built in 1797 with additions in the 1830s and later.  The house sits on a hill above Hyde Park village with views of the Green Mountains.  The inn’s common areas include a living room with a woodstove, a parlor with TV, DVD & game collection & maps & brochures, and a dining room with a custom table that seats 16 people  Three guest rooms have queen beds and private baths with shower. One king room (that can be split for twin beds) has a large private bath with a shower.  Two one-room suites (one on the ground floor) have king beds, gas fireplaces, private baths with showers and whirlpool tubs, and kitchenettes (fridge & microwave).  A kitchenette (fridge & microwave) is also located in the upstairs hall for guests.  The house has two covered porches and a three-level deck with outdoor furniture for guest use. Off-street parking is paved and will accommodate 6 cars. The spacious owners quarters are on third floor (attic) with 15 foot vaulted ceilings & a private bath with a shower.  A loft in the owners quarter provides additional space for a TV or storage.

The exterior is wood siding.  The roofs are asphalt shingle.  The foundation is fieldstone with a full basement under the main house and a crawlspace under the ell.  The basement has a dirt floor, but perimeter drainage has been installed to allow for a future cement floor.  The laundry is in the basement to reduce noise near guestrooms, set on a wooden platform to protect the appliances.  Heat is by hot water with radiators & baseboards, installed new in 2004.  The boiler (2004) & hot water heaters (installed in 2016) are fuel oil. The electrical system is 200 Amps and there is no knob & tube wiring in the house.  All bathrooms & the kitchen have functioning GFIs.  Water is provided by the Village of Hyde Park, with a 300 gallon tank and pressure pump in the basement.  Improvements to the village systems should result in removal of the tank & pump in 2020 with sufficient pressure & flow.  Sewage is an onsite septic system with 1500 gal tank, pump station, and septic field.  The main tank is pumped annually for maintenance & the pipe between the tank and pump station was replaced in 2019.  A fire alarm system was installed in 2004 and is inspected annually.

All of the guest rooms and baths have been updated by the current owners.  The kitchen was remodeled in 2012 with custom cabinetry and solid surface countertops.

Two outbuildings are on the property.  A large 2 car garage (864 sf) has storage space under the roof on a full floor & a semi-finished & heated workshop.  The second outbuilding is a smaller woodshed.

Business:

The property is being sold as an active bed & breakfast, licensed by the State of Vermont for 12 guests and as a 12 seat restaurant for breakfast.  Buyers may offer occasional lunches or dinners, but not a full-scale restaurant open to the public.  All furnishings & accoutrements necessary to operate the inn are included.  The current owners have created an exclusions list for items they will be taking with them.

The business is mainly leisure travelers, with some traffic from nearby Northern Vermont University, including summer Burklyn Ballet program parents.  The Vermont Studio Center in Johnson generates a small amount of traffic, as does Mansfield Orthopedics, providing joint repairs at nearby Copley Hospital.  The current innkeepers operate the inn year-round, including the quiet times in November & April, when they may close for a few days to a week or more for vacation time.  (Occupancy numbers do not account for vacations.)   Winter traffic is mainly skiers to Stowe Mountain Resort or Smugglers’ Notch Resort or to one of several cross-country ski areas, including Craftsbury Outdoor Center & Trapp Family Lodge.  Summer guests come to hike, canoe / kayak, or bike either on the roads, the Lamoille Valley Rail Trail, or mountain biking trails.  Fall Foliage in Vermont is world famous, and the busiest time of the year.  Expect extremely high occupancy for the 3-4 weeks of foliage season.

Local Area:

Most local shopping is in Morrisville, less than 3 miles from the inn (the rail trail will take you there, too).  Morrisville has 2 grocery stores, 3 hardware stores (2 with building supplies), and a variety of discount retailers (Big Lots, dollar stores).  Several sporting goods stores are located in downtown Morrisville.  There are 4 banks to choose from.  A number of restaurants are located in Morrisville, providing guest dinners without driving even the 12 miles to Stowe village.  If that isn’t enough, the drive to Morrisville includes a wonderful view of Elmore Mountain.  Also, your AT&T or Verizon cell phone will work here and Comcast provides cable TV & high-speed internet.