Built circa 1865, this truly beautiful inn offering 7 guest rooms with queen or king beds and private baths, is situated on 1.9 acres of lovely field and meadow in the charming village of Fryeburg Maine. The original residence of Admiral Robert E. Peary, Arctic explorer and discoverer of the North Pole in 1909, the inn's great history and location, and superb decorative order makes it ideal for the first-time inn buyer.

Open year-round and catering to guests coming to experience the majesty of the White Mountain National Forest and all its activities, the original portion of this home has beautiful moldings for doors, windows and ceilings along with many built-ins of the period, and a lovely early Victorian marble fireplace in the parlor. The 8000 plus square feet of complete living space boasts a huge open kitchen where a gourmet breakfast is served to guests, large beamed living room with full-size pool-table, and two other common areas offering some guest "away spots" for guest comfort and enjoyment. The large and comfortable owner's space is approximately 750 square feet of living area on a separate level, away from the guest areas and with private outside access. This level also houses a good-sized laundry, a workshop and further large areas for storage. The inn has been professionally run, and offers a nice lifestyle business which covers its costs and is easily managed at its current occupancy level by 1 full-time and 1 part-time innkeeper, perhaps with a complimentary home-based business or other outside income.

Situated in the heart of the village, and within a mile of the state line with NH, it is a short, delightful drive from the vacation hub of North Conway NH (10 miles), gateway to the White Mountain National Forest. Portland ME and the seacoast are just 50 miles to the southeast. Reduced to $565,000, it is priced aggressively below the purchase price in 2003 and also below the appraised value of the property in June 2009.


Choose Your State

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming