78 Cream Hill Road Mendon VT Multi Family For Sale $1374000

List Price: $1,374,000 | $132 per sq.ft. Multi Family A 18 Unit Multi Family Home
With 14 One Bedroom Units , 4 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Monday Sep 22, 2025 | MLS# 5062511

To see this Listing

call
603-643-3942

Email Star Johnson

Address: 78 Cream Hill Road Mendon VT
Listed by Kathryn Zambon Real Broker LLC
Description:
There's nothing like it! This historic 1840's farmhouse-turned-inn has been hosting guests ever since its conversion in 1940. This traditionally beautiful property features 16 uniquely decorated guest suites, 50 seat restaurant with a commercial kitchen, additional outdoor patio seating, and an adjoining pub. Plus, you can live on-site in the spacious 3-bed, 2-bath inn-keeper's apartment. As for the shared common spaces, you'll find a cozy lobby with an attached split-level sun porch, in-ground seasonal pool, outdoor grill and fire pit, porch with a hot tub located off of the fitness center, an indoor steam sauna, 24/7 beverage center, game room, and library. The property currently sits on 5.1 acres and has a level lot with ample parking area. Located behind the inn is another 2.5 acre wooded/undeveloped lot that conveys with the sale. The potential for expansion is there! Already on the Alpine Pipeline, the inn is permitted for 10 ERUs, making it so you could almost double the capacity. The 16 suites are currently averaging $200 per night, making the potential estimated annual income just over $800,000 (at 70% occupancy). Operating expenses are around $200,000 thus far in 2025 with only lodging and continental breakfast being offered. This is a well-known location for weddings and retreats and could become another well-established restaurant servicing the Killington/Pico/Rutland area once again. In-person showings are by APPOINTMENT ONLY.

Annual Expenses

Taxes: $11,901

Income

Exterior Color: Red
Roof: Shingle | Asphalt Shingle
Seasonal: No

Additional Information
Docs Available : Certificate of Compliance | Deed | Property Disclosure
Easement - Unknown
Taxes $11,901
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
CONTACT STAR

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