Friday, May 28, 2010

Good Morning from Maine on the start of Memorial Day weekend!

Heading out this morning to meet out of town buyers looking for an inn in Maine. Showing two coastal and two inland lakes and mountains region properties.

There are buyers out there, but understandably, they're being very conservative in today's market. And they're very aware of the income aspect of the various properties as it relates to their financial needs.

This is a lifestyle business!

Tuesday, May 25, 2010

Gorgeous custom home on Mt. Kineo golf course-the vacation spot of yesteryear...

This gorgeous custom home sits against the 2nd hole of Mt. Kineo Golf Club which opened in 1890. Three bedrooms, two and a half baths and 3,900 sf of living space. There's a gorgeous two story stone fireplace which is a focal point of the room. The picture windows look out to the private wooded one acre parcel. The cove is just across the street in the front and the shared boat dock is just down the street.

Bar Harbor to Mt. Kineo was a popular vacation route. Visitors would stay at the grand Kineo House hotel in the mid-late 1800's.

According to the Moosehead Historical Society "Mt. Kineo is an impressive sight with an almost sheer cliff which rises over 700 feet from the lake's surface. On July 4, 1846, the first steamboat, the Amphitrite, made its maiden voyage on Moosehead Lake, and stopped at Kineo. It wasn't long until the first Kineo House, a large hotel, was built. The hotel and 1,200 acres were sold in 1856 and became a hunting and fishing lodge. The original hotel burned and in 1870 another was constructed. So great was the demand for hotel rooms that in 1875 the Annex was added along with the so called "winter cottage." This hotel also burned, in 1882, and was reconstructed almost before the ashes cooled. A grand opening was held on July 29, 1884, with the Rev. Charles Davison, pastor of the Union Church in Greenville as the dedication speaker. With continued growth, the Mt. Kineo House by 1911 could accommodate over 500 guests and was considered one of the finest facilities in the country. But by the 1930s; America's love affair with the automobile was well under way and the end was in sight for the Mt. Kineo facility. The Maine Central Railroad eliminated its Kineo branch in 1933, and the hotel was sold in 1938. During the demolition, the huge wooden structure caught fire and burned to the ground..."

The Mt. Kineo community is vehicle free; homeowners all use golf carts or bicycles to get around. There are approximately 30 homes. The golf course is lined with some beautiful historic homes with views of the mountains and Moosehead Lake. It's a must see place in Maine.

Offered at $725,000. For more details, visit my website. 

Sunday, May 23, 2010

NEW LISTING! "Gull Cottage" - a waterfront residential property in Linconlville

Gull Cottage - 41 Sea View Drive in Lincolnville just 3 miles to Camden. 3 bedrooms, 2 1/2 baths, 160 feet of water frontage on Penobscot Bay with a gorgeous level pebble/rock beach. Another house can't be seen from the beach. Very private.

Property Details
Flickr Photos
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Virtual Tour

Offered below assessed value, $569,000 and priced to sell. Solid rental history - great year round home or business investment

New Listing! Riverside Inn and Restaurant in East Machias, Maine

Riverside Inn and Restaurant in East Machias, Maine - Offered at $598,000 with a very strong business. River frontage, 4 guest rooms with private baths, great location on Route 1, strong restaurant, function and events with local businesses, and strong lodging business. Very manageable commercial kitchen, beautiful gardens. Turn-key, includes most furnishings.

Flickr Photos
Picasa Photos

Saturday, May 22, 2010

I just came back from a visit to Wilson Pond Camps in Greenville, Maine...

Despite the fact that I came up for business and it was only for one night, it felt like a getaway. So different from coastal Maine, it was nice sitting out on the deck in the very early morning (got up around 4:30 when I saw daylight!) and hearing nothing at all but one distant loon.

I've been working on a new type of virtual tour for my listings to enable to user to view more than just what a typical horizontal virtual tour allows. It's Photosynth. I've got several uploaded, there's a method to the way the photos must be uploaded so I'm still working on them...

Wilson Pond offers 7 cabins with 2 bedrooms and 1 bath each (with new fiberglass showers), full kitchen with full size stove and refrigerator. Interiors are tongue and groove pine with propane heat. Most have woodstoves, all have lots of details. This is as turnkey as a property can be. Offered at $1,890,000. Visit my website for more details.

I've just added testimonials to my website...

Thank you for the comments and kind words about my efforts. I have a passion for what I do and I'm glad that it shows!

View the testimonials on my website

New confidential listing - full service, classic Maine inn - $2,975,000

This classic Maine inn has been hosting guests for many years. Full service restaurant and events business. Very substantial business between lodging, restaurant and events. Full staff for restaurant and events would allow new owners to transition smoothly. 

Financial and property information can be provided with a signed non-disclosure and qualification agreement. Contact me for more details.

Thursday, May 20, 2010

Craignair Inn and Restaurant - SOLD May 19, 2010!!!

Congratulations to new innkeepers Michael and Joanne O'Shea! We closed on The Craignair Inn and Restaurant yesterday after a much anticipated waiting period. They're such great people and fit right in with "Maine, the way life should be". And many thanks to wonderful sellers, Neva and Steve Joseph - they made the transition very easy for Michael and Joanne. And they all made this transaction for me as their Realtor, very pleasant.

The inn is now open for guests and the restaurant is currently open for dinner Thursday through Sunday nights and will be open 7 nights July and August. Stop by and enjoy a nice evening out by the water. And don't miss out on the Oysters Rockefeller!!!

Stop by and say hi to them! They'll always welcome you.

Friday, May 7, 2010

How does a seller deal with guests knowing their inn is on the market?

This is a beautiful example of how the owner of Stonington's Inn on the Harbor does it: READ CHRISTINA'S STORY...

I met with Christina (the owner) last week. She asked me a short while back about how best to answer guests when they confront you about knowing it's for sale. And she asked my opinion on putting her story in the guestroom information books. I thought it was perfect, fun, light-hearted and most important, personal. Innkeeping is about sharing your personal life. And that just what Christina did. And since she's done this, she's had amazing support from her guests. 

When you embrace your next step in life and don't hide the fact that it's time for you to move on (and pass along your fabulous property to the next keeper of the inn), you help eliminate negativity that sometimes comes with putting your property up for sale. Of course everyone's story is different and the motivation for selling varies greatly. But many of your guests will find out sooner or later. Your guests will appreciate that you care enough to share it with them. This also speaks to how Christina cares about the success of the inn and encourages guests to come back to meet the new owners one day. When you're selling a successful business, it's in the best interest of both the seller and buyer that the business succeeds. There's usually transition assistance, sometimes employees who stay on board with new owners, and therefore assistance in helping new owners learn what's worked in the past, to help sustain the level of service that the guests have come to know and enjoy.