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3629 Ethan Allen Hwy
New Haven, VT 05472
Specialty Property For Sale · 5,083 SF

INVESTMENT HIGHLIGHTS

  • Fully operational Restaurant and Event Facility, 5 Acres, Pond and spectacular mountain Views
  • 2,300 sq ft Event barn and outside Pizza Oven
  • Extensively Renovated in 2020

PROPERTY FACTS

Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class C
Lot Size 5.20 AC
Building Size 5,083 SF
No. Stories 2
Year Built/Renovated 1796/2020
Zoning RA 10 - RA 10-Residential

ABOUT 3629 ETHAN ALLEN HWY , NEW HAVEN, VT 05472

Very SUCCESSFUL well established Restaurant, WEDDING and EVENT VENUE with 6 Guest rooms all recently remodeled. Dinner only 5 days a week. Buyer will need between 20%-30% down and will be required to sign a Confidentiality Agreement and supply proof of funds. The main structure is a 2 story Victorian style house converted to a Restaurant and Inn. Originally constructed in 1796. It has since been converted to a restaurant with living quarters and 4 guest room on the 2nd floor prior to the fire in 2020. The building contains 5,506 sq. ft. with the restaurant on the first floor and a huge suite of rooms that include 6 guest rooms, 4 with private baths on 2 guestrooms share a bath on the 2nd floor. There are no longer owners quarters on site. There is a small basement under this structure that houses the mechanicals. The Event Barn only a few steps from the rear of the restaurant is a one story structure that contains 2,537 sq. ft. of floor space which is used for events. A freestanding Pizza Oven is located adjacent to the Event Barn. The property is 5.2 acres with 360 degree mountain views, pond, relatively flat with lots of available parking. Green Mountains are to the East and the Adirondack Mountains to the West. The property is Zoned: R A 10- Residential. Frontage on the w/side of Rt 7 is 595'. During Covid they had a fire which did major damage to the building. The following is a sequence of the event: The fire happened on June 19th, 2020. Reconstruction work started in September and the restaurant and guest rooms reopened at Tourterelle on June 2nd, 2021. The construction firm, CMD LLC. from Williston did the renovations. CMD is a company who specializes in insurance claims. With some help from CMD , Bill, chef and co-owner, designed the kitchen, inn, dining rooms, bar and wine cellar. Christine, co-owner handled all interior design of the guest rooms on the 2nd floor and the purchasing of the furniture and decorating for the inn and restaurant. Bill, built the outdoor kitchen and Pizza Oven with the help of Mark Krawczyk ( Valley Clayplain Forest Farm) and Yestermorrow design/ build school ( Waitsfield ). Together they created a very attractive property with outstanding curb appeal. Their reviews for the food and events speaks for itself. Price: $2,200,000, Supported by a 2023 real estate appraisal & Mortgage Investment Analysis The do approximately 20+ weddings a year plus other events as well.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
432-135-11230
Land Assessment
$109,200
Improvements Assessment
$447,600
Total Assessment
$556,800
  • Listing ID: 31326982

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 3629 Ethan Allen Hwy, New Haven, VT 05472

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