384 Turpin Ln Port Haywood, VA 23138
- Hospitality properties
- 4,000 SF
- 5.70 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 384 Turpin Ln
- Year built
- 1872
- Lot size
- 5.70 lot acres
- Property size
- 4,000 SF
- Property type
- Hospitality properties
- Property subtype
- Bed & breakfasts
Description
This exceptional waterfront Bed and Breakfast, "The Inn at Tabbs Creek," is a turnkey investment opportunity priced at $1,400,000. Located in Port Haywood, Virginia (zip code 23138), this 4,000 square foot property sits on 5.7 acres of land and boasts three buildings, including the main Captain Billups House (circa 1872), a second building with suites and a guest room, and a third building containing owner's quarters and a guest suite. The property features seven guest rooms, each with an ensuite bath and kitchenette amenities, offering stunning views of the water or the meticulously maintained grounds and in-ground swimming pool. The Inn is a certified Virginia Green Lodging establishment, reflecting its commitment to eco-friendly practices. Its prime location offers easy access to the Chesapeake Bay, providing guests with opportunities for kayaking, paddleboarding, and bay cruises. The Inn is also conveniently located within an hour's drive of the Historic Triangle (Yorktown, Williamsburg, and Jamestown), Richmond, Norfolk, and other major Mid-Atlantic cities, ensuring a strong potential guest base. The property's tranquil setting and amenities have contributed to its consistent growth and popularity, with opportunities for weddings and events further enhancing its revenue potential. The Inn is situated minutes from the charming Mathews Courthouse, a consistently highly-rated small town and Chesapeake Bay retreat. This is a rare opportunity to acquire a well-established and profitable waterfront business in a highly desirable location. The property's strong reputation, combined with its unique features and amenities, makes it an ideal investment for an owner/user seeking a rewarding and lucrative venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Haywood
- County
- Mathews
- State
- Virginia
- Longitude
- -76.3262
- Latitude
- 37.3857
