InnShopper > Inns for Sale > New York > Penn Yan > Finger Lakes Bed & Breakfast Gem

Finger Lakes Bed & Breakfast Gem


Penn Yan, NY   Offered for sale at $749,000
 

Los Gatos Bed & Breakfast is an unusually successful 5 guest room inn, located between Seneca and Keuka Lakes, outside of the village of Penn Yan, NY. This is the geographic heart of flourishing Finger Lakes vacation-land. Vineyards and wineries add to the flurry of activity. The inn sits on 6+ peaceful acres just minutes from favorite Finger Lakes attractions, restaurants, wineries and lake activities. Besides an excellent location and financial success, Los Gatos has real expansion capability and great owner’s quarters – everything one could hope for in a “small” B&B.

The inn’s acreage is composed of meadows, woods and gardens. The main inn has three spacious guest rooms, while two much-requested guest cabins sit a few steps away. All 5 guest rooms feature queen beds, comfortable sitting areas and fireplaces. An enormous deck spans the back of the inn, overlooking the gardens and distant valley.

The owner’s attached annex provides 1350 ± square feet of living space, including a full kitchen, dining area, large living room, master bedroom, adjoining study and 1 ½ bathrooms. Large living room windows capture bucolic valley views. An attached three bay garage provides plenty of storage and workshop space.

Los Gatos B&B has a stellar reputation. Ratings on travel websites are consistently excellent (#1 of 13 B&Bs in Penn Yan on TripAdvisor). Occupancy is high and the inn is open year-round. Under existing zoning, more cabins can be added. All the right elements are in place, pointing to a great future for new owners.

Call Eliot Dalton for more information: 610-717-8083



Property Details
Financial Details
  • Offered for sale at $749,000
  • Occupancy Rate: 39%
  • Average Daily Rate: $166
Contact Information