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    Historic Inn in Jackson, NH Title is generated by Realmo AI

    12 Thorn Hill Rd, Jackson, NH 03846

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    For Sale
    $1,699,000

    Turnkey hospitality business in the heart of Jackson, New Hampshire.

    Type:Commercial
    Added:
    May 11, 2026
    Days on Market:
    23
    Last Refresh:
    May 11 at 5:05 pm

    Property Features for 12 Thorn Hill Rd

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1901

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    Listing Contact
    Miriam Habert

    Listing agent Miriam Habert

    Listing office Coldwell Banker Lifestyles

    Listing date May 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Lifestyles

    HighLights

    • Turnkey hospitality business with strong gross income and unbeatable village location.
    • Landmark estate designed by Stanford White Architectural firm, built in 1902 for the Baldwin Piano family.
    • 14 uniquely styled guest rooms, each with private baths, many with fireplaces.
    • Spacious two‑bedroom apartment, currently a successful Airbnb, ideal for owner's quarters or maximizing revenue.
    • Walkable to village shops and restaurants; close to world‑class skiing, snowshoeing, and hiking trails.
    • Features a welcoming lobby, cozy den with stone fireplace, sun‑filled dining room with mountain views, covered porch, and outdoor hot tub.

    Overview

    This landmark estate, constructed in 1902 for the Baldwin Piano family and designed by the Stanford White Architectural firm, is situated in the heart of Jackson, New Hampshire. The inn features a welcoming lobby and a cozy den with a classic stone fireplace. It offers 14 uniquely styled guest rooms, many with their own fireplaces and all featuring private baths. Guests can gather in the sun-filled dining room to take in stunning mountain views. A major highlight is the spacious two-bedroom apartment, currently utilized as a successful Airbnb to maximize total revenue. The property offers a rare chance to own a piece of New England heritage with a strong gross income and an unbeatable village location. The building’s layout and prime location make it an ideal candidate for a private luxury estate, located in the heart of the Mount Washington Valley. Guests can walk to the village’s best shops and restaurants, or head to nearby world-class cross-country skiing, snowshoeing, and hiking trails. For those who prefer to unwind, the covered porch and outdoor hot tub provide the perfect escape. This property is a turnkey hospitality business and a premier 1031 tax exchange opportunity.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    (Bike/Boat/Book/etc) Store Restaurant Discount Store (Bike/Boat/Book/etc) Store Travel Agency Arcade & Gaming Center Department Store HVAC Service Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Inn at Jackson — 12 Thorn Hill Rd, Jackson, NH 03846
    • Bear House — Black Mountain Rd, Jackson, NH 03846
    • Juniper House on Tyrol — 78 Juniper Way, Jackson, NH 03846
    • Nordic Wilderness — 24 Nordic Wilderness Rd, Glen, NH 03838

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.233
    Latitude
    44.1988

    Nearby Similar for Sale

    • $1,699,000

      Jackson, NH Commercial Opportunity

      Turnkey hospitality business in the heart of Jackson, New Hampshire.
      12 Thorn Hill Road, Jackson, NH 03846
      View Details
    • $1,490,000

      Historic Inn in Jackson Village

      Restored inn on 5.3 acres in the heart of Jackson.
      49 Main Street, Jackson, NH 03846
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Turnkey hospitality business in the heart of Jackson, New Hampshire.
    Where is this bed & breakfast located?
    The property is located at 12 Thorn Hill Rd Jackson, NH.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: Turnkey hospitality business with strong gross income and unbeatable village location.; Landmark estate designed by Stanford White Architectural firm, built in 1902 for the Baldwin Piano family.; 14 uniquely styled guest rooms, each with private baths, many with fireplaces.
    (603) 986-1024
    We can help!
    Listing Contact
    Miriam Habert
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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