Listed By:
Kurfiss Sotheby's International Realty
Address
518 Lurgan Road, New Hope, PA
Price
$ 3,400,000
Property Attributes
  • MLS#PABU2048430
  • TypeCommercial
  • CountyBUCKS
  • CityNew Hope
  • AreaUpper Makefield Twp
  • Zip18938
  • StyleBed and Breakfast
  • Year Built1978
  • Taxes$ 39865
  • Price$ 3,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7000
  • Lot Size5 Acres
Data Source:
Bright MLS
Property Description

The Inn at Bowman's Hill is a nationally acclaimed, award-winning retreat in New Hope, Pennsylvania. Experience the ultimate luxurious romantic getaway at the five-acre gated estate. The Inn is like a year round mini-resort, an exceptional property that has been the recipient of the AAA-Four Diamond Award every year since it's inception over 20 years ago, making it a true testament of excellence, quality and service on a superior level. The Inn has also been named in the Top 10 Most Romantic Bed & Breakfasts in the Nation by five different organizations including Forbes Traveler and Trip Advisor. The Inn has four elegant suites, and four guest rooms. Each room has their own fireplace, many rooms have steam showers & heated jacuzzi tubs. Multiple private balconies offer panoramic views of the pool and patio as well as a large pond with a fountain. Guests enjoy homemade breakfast in a glass sunlit conservatory overlooking secret gardens, gorgeous terraces, a heated pool, and hot tub. A paved motor court leads to a detached Carriage House where you will find four luxurious en suite bedrooms and a massive third floor conference room with guest bath. There are 5 garages in total. Special features of the property include distributed audio, a property-wide irrigation system, automatic entry gates with intercom as well as a sophisticated security and monitoring system linked to a central station. The Inn at Bowman's Hill is a spectacular turn-key property with significant upside occupancy potential as an Inn. One can also envision other commercial uses, for example as a health & wellness retreat, a corporate training center, meeting / event venue, family compound or single family residence. The property is located only two miles south of New Hope, PA, a niche destination town which is experiencing an immense influx of business growth and expansive development. Simply put, this is a high-end commercial operation in a coveted location with a thriving business.

Price History
4/30/2023 Listed $4,500,000
6/8/2023 12% - $3,995,000
8/8/2023 8% - $3,700,000
10/19/2023 9% - $3,400,000

General Features

Acceptable Financing Cash, Conventional
Accessibility No Stairs
Business Type Bed and Breakfast
Construction Materials Frame
Cool Fuel Electric
Cooling Central A/C
County BUCKS
Days on Market 212
Exclusions Personal items of owner
Heating 90% Forced Air, Zoned, Radiant
Historic Y/N No
Lot Size Square Feet 217800.00
MLS Area Upper Makefield Twp (10147)
New Construction No
Percent Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 489.7
Property Condition Very Good
Property SubType Other
Property Type Commercial Sale
Security Features Carbon Monoxide Detector(s), Fire Detection System, Security Gate
Sewer On Site Septic
Tax Annual Amount 39865.0
Tax Lot 020-001
Tax Year 2023
Total Units 1
Vacation Rental Y/N No
View Garden/Lawn, Pond, Panoramic, Scenic Vista, Trees/Woods
Water Access Y/N No
Waterfront Y/N No
Year Built 1978
Zoning JM

Interior Features

Central Air Y/N Yes
Flooring Hardwood, Ceramic Tile, Carpet
Heating Fuel Oil, Geo-thermal, Electric, Propane - Owned
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 6943.00
Car Parking Spaces 17
Fencing Y/n Yes
Inclusions Guest room furnishings, kitchen appliances and furnishings
Lot Dimensions 0.00 x 0.00
Lot Features Landscaping, Level, Open, Pond, Poolside, Premium, Private, Rear Yard, Road Frontage, Secluded, SideYard(s), Sloping, Stream/Creek, Trees/Wooded
Lot Size Acres 5.00
Lot Size Source Assessor
Navigable Water Y/N No
Parking Features Paved Parking, Private
Total Parking Spaces 20
Type of Parking Driveway, Private Garage
Water Oriented Y/N No
Water Source Well
Water View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 18938

Price
AVG $1.51M
$3.4M
Taxes
AVG $13,670
$39,865
Visits
AVG 197
326
Data Provided by Inside Real Estate®
Year Built
AVG 1904
1978
Walkscore
AVG 66
4
Data Provided by Walkscore® not using MLS data