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The Inn at Turner Mill 56 Turner Mill Ln 8 Room Hotel Stowe, VT 05672 $4,950,000 ($618,750/Room) 7.07% Cap Rate
Investment Highlights
- Historic Turner Mill Inn, originally built in 1936, has been meticulously restored starting in 2020 with high-quality finishes throughout.
- Premier location directly across from Stowe Mountain Resort with ski-home access via the Bruce Trail and direct walk-up convenience.
- Features immediate access to the Mountain Road Shuttle, ensuring seamless connectivity to Stowe Mountain Resort and Stowe Village.
- Stowe’s first APARTHOTEL offering multiple levels of fully appointed living spaces, including private suites and communal areas.
- Includes approximately 9 acres of land across two zoning districts, with significant future development potential on 5 undeveloped acres.
- Exclusive outdoor lifestyle amenities with direct access to Foster’s Swimming Hole in NotchBrook, a popular summer recreation spot in Stowe.
Executive Summary
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.
Property Facts
| Price | $4,950,000 | Lot Size | 9.00 AC |
| Price Per Room | $618,750 | Construction Status | Under Renovation |
| Sale Type | Investment or Owner User | Building Size | 6,760 SF |
| Cap Rate | 7.07% | No. Rooms | 8 |
| Sale Condition | Redevelopment Project | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1936/2027 |
| Property Subtype | Hotel | Parking Ratio | 1/1,000 SF |
| Building Class | B | ||
| Zoning | RR-5 | ||
| Price | $4,950,000 |
| Price Per Room | $618,750 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.07% |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 9.00 AC |
| Construction Status | Under Renovation |
| Building Size | 6,760 SF |
| No. Rooms | 8 |
| No. Stories | 4 |
| Year Built/Renovated | 1936/2027 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RR-5 |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 8 | $80.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 621-195-12804 | Improvements Assessment | $1,232,000 |
| Land Assessment | $543,000 | Total Assessment | $1,775,000 |
Property Taxes
Parcel Number
621-195-12804
Land Assessment
$543,000
Improvements Assessment
$1,232,000
Total Assessment
$1,775,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Inn at Turner Mill | 56 Turner Mill Ln
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