56 Turner Mill Ln - Hospitality FOR SALE


Stowe, VT 05672
$4,950,000 USD
802-730-6084
56 Turner Mill Ln, Stowe, VT for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/72
null | 7.07% Cap Rate

56 Turner Mill Ln
Stowe, VT 05672


HIGHLIGHTS

  • Historic Turner Mill Inn, originally built in 1936, has been meticulously restored starting in 2020 with high-quality finishes throughout.
  • Stowe’s first APARTHOTEL offering multiple levels of fully appointed living spaces, including private suites and communal areas.
  • Premier location directly across from Stowe Mountain Resort with ski-home access via the Bruce Trail and direct walk-up convenience.
  • Includes approximately 9 acres of land across two zoning districts, with significant future development potential on 5 undeveloped acres.
  • Features immediate access to the Mountain Road Shuttle, ensuring seamless connectivity to Stowe Mountain Resort and Stowe Village.
  • Exclusive outdoor lifestyle amenities with direct access to Foster’s Swimming Hole in NotchBrook, a popular summer recreation spot in Stowe.

OVERVIEW

Turner Mill Inn, built in 1936, is one of the oldest ski destinations in Stowe…and in the US. This property is Stowe’s first APARTHOTEL and has been restored by the current owners, beginning is 2020, with great emphasis on fit and finish. The property abuts Stowe Mountain Resort (Vail) and is located at the corner of Mountain Road and Notchbrook Road. Ski home from the top of Stowe Mountain Resort’s Four Runner Quad, down the Bruce Trail and walk across the street to Turner Mill. The property also has a stop on the Mountain Road Shuttle for easy access to Stowe Mountain Resort and Stowe Village. What is Turner Mill now? Level 1and 2: (5) bedrooms (4) baths, kitchen, living rooms, dining room, sitting room…3,410 sq’ Level 3: (4) Bedrooms, (3) baths, living room, dining room, kitchen…2,019 sq’ Level 4: Suite One (2) bedrooms, kitchen, bath. Suite Two (2) bedrooms, bath, kitchen. Suite Three (2) bedrooms, bath, kitchen…1,871 sq’ Please see the attached Interactive Property Tour! Reference the attached Architectural Drawing Package showing the floorplans and dimensions. These are not as-built drawings. In addition to the restored, renovated and updated Turner Mill Inn there are 9 acres. (4) acres in the Upper Mountain Road Zoning district and (5) acres in the RR-5 Zoning district. The (5) acres in RR-5 are not developed. Reference Survey attached. For summer swimming fun the property has direct access to Foster’s Swimming Hole in NotchBrook. This is a popular summer attraction in Stowe.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$732 USD /SF

# OF ROOMS

8

PRICE/ROOM

$618,750 {currency}

CAP RATE

7.07%

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Inn at Turner Mill

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1936

PARKING SPACES

8

LAND DETAILS

LAND ACRES

9 AC

LAND SF

392,040 SF

ZONING

RR-5

APN/PARCEL ID

621-195-12804

ASK ABOUT THIS PROPERTY

George BambaraPall Spera Company RealtorsMore Info
802-730-6084

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George BambaraPall Spera Company RealtorsMore Info
802-730-6084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.