$989,000 1049 E King Street Lancaster, PA

MLS: PALA107354   Type: Single Family   County: Lancaster   City: Lancaster   Area: Lancaster Twp   Neighborhood: Lancaster Twp   Zip: 17602     Stories: 1   Taxes: $14,060

Mortgage $4,643 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

9

10

2

5,128

0.32

1915

Romantic Luxury B&B Investment Opportunity -For those looking for a business to invest of themselves, this operating and financially viable B&B has a proven history of financial profitability and excellence in service. You can own this Romantic Luxury Inn and financially viable Bed & Breakfast, central to urban Lancaster and PA Dutch country. Recognized as a Distinguished Inns of North America Select Registry member, listed on the National Register of Historic Places, with a 5-star TripAdvisor rating for Romantic and Elegant Getaways. 100+ years young, with architecturally crafted Mission style exterior, the Inn offers 8 luxury rooms with baths, including carriage house suite. A luxurious Dining Room and Parlor seamlessly invite the guest to wander into a sun-drenched Florida-style room, complimenting the Inn's elegance and vitality. Many vintage touches abound, from pedestal and claw-foot tubs to ornate fireplaces, rich hardwood floors and rainbow-colored stained glass, further complimenting the aura of King's Cottage. The Carriage House, meticulously appointed, offers a private suite, tucked away from the main inn, with fetching fragrances drifting by from numerous plantings and flowers. Professionally landscaped, soothing fish pond, gorgeous tile work from steps to foot paths, rounded out with gardens. Private parking, side street entrance, electric car charger enhance the guest experience. Manager quarters on-site. Local adventures into PA Dutch country are within easy access; guests follow the well-trod path known as the Old Philadelphia Pike and its many divergent roads. Urban adventures create foodie fun and the discovery of the craft brewery scene, boutiques, art, music, and historic buildings like Central Market and Wheatland. This romantic getaway appeals to many travellers, from the active enthusiast, to the demure looking for a space to breathe, the Inn's ambience is a beautiful relaxing choice and for those looking for a business they can participate in, King's Cottage is a well established, sound investment.

Elementary School

Middle School

High School

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Mccaskey H.s.
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Price History

11/24/2018 Listed $1,100,000
1/14/2020 11% - $989,000

Acceptable Financing Cash, Conventional
Accessibility Grab Bars Mod, Mobility Improvements, Other
Appliances Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
Architectural Style Other
Association Y/N N
Condo/Coop Association Y/N N
Construction Materials Stucco, Masonry
Cool Fuel Electric, Natural Gas
Cooling Central A/C
County LANCASTER
Electric 200+ Amp Service
Exclusions Some personal property
Exterior Features Exterior Lighting, Outbuilding(s), Sidewalks, Street Lights
Flooring Carpet, Hardwood, Tile/Brick, Concrete
Garage Y/N N
Heating Hot Water, Radiator
High School MCCASKEY H.S.
High School District SCHOOL DISTRICT OF LANCASTER
Historic Y/N Y
Interior Features Formal/Separate Dining Room, Kitchen - Gourmet, Pantry, Stain/Lead Glass, Stall Shower, WhirlPool/HotTub, Wood Floors, Floor Plan - Open
Levels 2.5
MLS Area Lancaster Twp (10534)
New Construction N
Open Parking Spaces 8.00
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Parking Features Electric Vehicle Charging Station(s), Surface
Patio/Porch Features Balcony, Porch(es), Terrace, Enclosed, Patio(s)
Possession Settlement
Price Per Sq Ft 192.86
Property Type Residential
PropertyCondition Good, Very Good
Real Estate Owned Y/N N
Roof Tile
Security Features Smoke Detector, Fire Detection System
Senior Community Y/N N
Sewer Public Sewer
Structure Type Detached
Subdivision Name LANCASTER TWP
Tax Annual Amount 14060.12
Tax Year 2020
Utilities Cable TV Available
Vacation Rental Y/N N
Water Access Y/N N
Zoning LC - LOCAL COMMERCIAL
Zoning Description B&B, Special exception permitted use

Interior Features

Above Grade Finished Area 5128
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Full, Partially Finished
Basement Y/N Y
Bathrooms Count All Lower Levels 1
Bathrooms Count All Upper Levels 7
Bathrooms Count Lower Level 1 1.00
Bathrooms Count Main Level 4.00
Bathrooms Count Upper Level 1 5.00
Bathrooms Count Upper Level 2 2.00
Bathrooms Full All Upper Levels 7
Bathrooms Full Main Level 3
Bathrooms Full Upper Level 1 5
Bathrooms Full Upper Level 2 2
Bathrooms Half All Lower Levels 1
Bathrooms Half Lower Level 1 1
Bathrooms Half Main Level 1
Bedrooms Count All Upper Levels 6
Bedrooms Count Upper Level 1 5
Bedrooms Count Upper Level 2 1
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft 0
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Y
Fireplace Features Gas/Propane, Fireplace - Glass Doors
Fireplace Y/N Y
Full Baths 10
Half Baths 2
Heating Fuel Natural Gas, Electric
Heating Y/N Y
Hot Water Natural Gas, Multi-tank
Laundry Type Lower Floor
Living Area 5128
Main Level Bedrooms 3
Room Type Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Other, Bathroom 1, Bathroom 2, Bonus Room, Half Bath, Additional Bedroom
Total Baths 12
Total Bedrooms 9
Total Fireplaces 11

Exterior Features

Inclusions Business name, Website, Recipes, Furniture list, Client list, Phone numbers
Lot Dimensions 236 X 80
Lot Features Corner, Front Yard, Landscaping, Pond, Private, Rear Yard, Road Frontage, SideYard(s)
Lot Size Acres 0.32
Lot Size Source Assessor
Lot Size Square Feet 13939.00
Navigable Water Y/N N
Pool Y/N No Pool
Roadresponsibility Public
Type of Parking Driveway, Off Street, Parking Lot
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools



Direct Link:

https://www.krisbuchheit.com/property/382-PALA107354-1049-E-King-Street-Lancaster-PA-17602

Gallery (35 photos)

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Property vs Zip Code Avg (17602)

Price 989K Avg 465K

Sqr Feet 5,128 Avg 2,816

Cost / Sqr Ft $193 Avg $165

Taxes $14,060 Avg $5,583

Acres 0.32 Avg 0.73

Visits 534 Avg 117

Days on Site 736 Avg 165

Walkscore® 51 Avg 21

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Lusk & Associates Sotheby's International Realty




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Location & Address

Kris Buchheit
557 West Uwchlan Avenue Suite 100
Exton, PA
484-888-3473