Historic Hamilton Hoppin House / Villa 120
Middletown, RI
Offered for sale at $3,500,000
The Historic Hamilton Hopping House also known as Villa 120, with its old-world charm and quiet, contemplative atmosphere, has seen a variety of uses over the past centuries, from a spacious home befitting the Italianate Stick Style design, to a busy licensed eight- bedroom Bed & Breakfast hosting countless, elegant parties for its treasured guests, including many weddings and other celebratory functions. With the current owner's devotion to the past and look to the future, the upgrades discussed throughout this presentation set the stage for yet more diverse possibilities in the cradle of the Gilded Age shadows. Whether you might be looking for that tranquil oasis on the outskirts of busy Newport to see your family thrive with plenty of room to spare in one of the most desired locations in the country or fulfill a dream of owning your own Bed & Breakfast in an environment that has a local government that recognizes the benefits of tourism and pride in the past, the Villa still offers that unique pathway to those dreams. Additionally, there are yet other possibilities for future development on the property, due to the zoning configuration of the land area. A potential development could include ancillary facilities that augment the functionality of the structure itself, without effecting the bucolic charm of the grounds. Available by private showing only.
Property Details- 10 Guest Rooms
- 11 Guest Room Baths
- Has Owner's Quarters
- Built in 1856
- Last Renovated in 2022
- Opened in 1984
- Building is 9,886 SQFT
- Lot is 1.7 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $3,500,000
- Occupancy Rate: 75%
- Average Daily Rate: 350
- Annual revenue is $950,000
- Prequalify for Financing
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