Lake Homes Realty
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1667 exeter road

Lebanon, CT 06249

$6,500,000

71 AC LOT
Commercial
Image 1
Acreage 71
Status Off Market
MLS # 170601698
County New London
More Info
Category Commercial
Status Off Market
Acreage 71
MLS # 170601698
County New London
Welcome to the Historic Spa at Grand Lake, now known as The Hotel at Grand Lake! Nestled on 71 pristine acres overlooking Lake Williams, this seven building resort property offers an amazing opportunity for a new owner with current rental income in place. The hotel currently offers 55 rooms for guests, with an additional 30 rooms awaiting remodel. This property would make a great conversion to a multifamily project with many amenities. A short walk thru the woods brings you to Brewster Pond, allowing visitors easy access to fishing, kayaking, and paddle boarding. The grounds include an indoor and outdoor pool, large banquet hall, full-sized restaurant-capacity kitchen, and beautiful views of the lake. Also there is an additional restaurant and bakery building. Also included is a 2,700 sq ft contemporary single story 3-bedroom home with open concept layout and a full floor-to-ceiling brick fireplace in great room. The single family home includes a 3-car detached garage. Rooms are currently rented on a weekly basis with approx. 35 of the 55 rooms rented. Gross income currently $40,000 per month for the 35 rooms rented.
Location not available

Exterior Features

  • Roof Asphalt Shingle, Fiberglass Shingle
  • Garage No
  • Garage Description Detached Garage
  • Water Private Well
  • Sewer Septic
  • Lot Description Some Wetlands, Treed

Interior Features

  • Heating Hot Water
  • Cooling Window Unit
  • Year Built 1960

Financial Information

  • Parcel ID 2234623
  • Zoning RA

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