Halsey House Bed and Breakfast
Profitable 5 room B&B near Ithaca
The Halsey House is a 5 room bed and breakfast located on the outskirts of the Town of Trumansburg in Ulysses, New York that enjoys a solid lodging business. The grand Federal-style mansion, built in 1829 and on the National Historic Register, has a stately presence on attractively landscaped grounds. The inn enjoys a reputation of gracious hospitality in the midst of a true upstate New York Finger Lakes Region classic historic Inn experience.
As bed and breakfasts go, Halsey House boasts very spacious and comfortable owner’s quarters on the second floor and additional space currently serving as a “parrot house” (ask, you’ll be amazed!). It is not hard to see a new owner moving their bedroom into the current sitting room upstairs and converting the parrot room to a spacious living/family room, making it quarters of above-average size. Can you say “flexibility?”The kitchen, which is currently off limits to guests, is very spacious and attractive, contributing to the appeal of the inn and opening the possibility of a new owner offering cooking classes.
In addition to the 5 guestrooms, outside there is a patio with a fire pit, pond with a waterfall feature and scenic landscaped gardens. A large detached garage provides abundant storage for household goods, workshop, and vehicles. Both are a real plus for the property.
The area is a highly desirable location for guests to realize the true four season New York Finger Lakes experience. The Inn provides guests with a premier lake and wine country resort experience with Taughannock State Park just minutes away and easy access to the NASCAR track at Watkins Glenn. The B&B’s proximity to Ithaca and Cornell University as well as outdoor attractions makes it a convenient place to enjoy the diverse recreational offerings of the area.
The property was purchased by the current owners in 2000 with the intent of restoring the property to its original grand style, which they have done in superb fashion.
2011 occupancy of 44% and ADR of $234.00 make this a viable business. The Halsey House was offered for the very defensible price of $915,000 and has been SOLD! Thanks to Eliot Dalton of The B&B Team® / Eliot Dalton for representing the buyers. For details contact Peter Scherman (434-286-4600) or Rick Wolf (207-967-1995) of The B&B Team, Inn Consultants LLC.
New York broker of record is David Irish of Audrey Edelman Realty. All photos (except kitchen) by Jumping Rocks.
- Financially Viable
- $500,000 to $1 Million
- Mid Atlantic
- 1 - 5 Rooms
- Bed & Breakfast