$1,590,000
For sale: Detached

Glamorous luxury home or exceptional hospitality & event investment opportunity | Stone Mills, ON. Set on approximately 3.26 picturesque acres in the heart of Stone Mills, this iconic landmark limestone estate, dating back to 1850, presents an outstanding opportunity to create a premier hospitality destination. Offering more than 6,532 sq/ft of finished living space, the property is ideally suited for conversion into a boutique Bed & Breakfast, country inn, luxury retreat, or intimate wedding and event venue. The impressive main residence features 20+ rooms, including multiple spacious bedrooms and 5 bathrooms. Its expansive layout naturally lends itself to a multi-suite hospitality model, complete with inviting common areas for guest dining, gathering, and relaxation. A significant advantage is the existing commercial septic system, an invaluable asset that can substantially reduce redevelopment costs and streamline approvals for hospitality operations by supporting increased occupancy. Adding even greater flexibility, the offering includes 310 Colebrook Road, a separate residence which is ideal as an owner or innkeeper's home, staff accommodations, or an income-generating rental. This allows for a practical separation of business operations from guest spaces while creating additional revenue opportunities. (in need of renovations)Surrounded by the rolling countryside of Stone Mills and conveniently located within easy reach of Kingston, Prince Edward County, and Ottawa, the property is perfectly positioned to attract weekend travellers, wedding parties, corporate retreats, wellness escapes, and special events throughout the year. Rich in historic character, generous in scale, and supported by essential infrastructure already in place, this remarkable estate offers a rare opportunity to bring a hospitality vision to life without starting from the ground up or bringing your large family to enjoy all this unique home has to offer.
Sold data
Detached homes in Stone Mills (Stone Mills) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 59, across 32 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $574,950.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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