Watersedge

Description
The Watersedge B&B is located on the peaceful shores of Lake Como Wisconsin. This one and a half acre property includes 400 feet of lake frontage, and is only three miles from the resort town of Lake Geneva. The property offers nineteenth century farmhouse elegance coupled with eclectic character. Once a hideout for a renowned Chicago 1920’s gangster- this 7,000 sf., 10 bedroom 9 bath home is now a 7 suite B&B with private quarters. Guests enjoy choosing from original themed suites furnished with beautiful antiques. During the spring, summer and fall guests enjoy breakfast on the dining deck. The Dining and Living rooms are spacious and have majestic views of the lake. This special B&B is a wonderful location for family gatherings or group retreats. This wooded property with English gardens, two piers, and sandy beach can easily be used as a private residence.
Business Information
The property is presently being used as a B&B but would make a beautiful lake home for a large family, corporate vacation work space or retreat house. This year-round turn-key B&B is located near Chicago, Milwaukee and Madison all within an hour and a half commute. It offers untapped potential revenue prospects that would make this Inn a terrific life style and business opportunity. The price includes all Guest room furnishings, linens, dishes, equipment and inventory. Three of the suites have two bedrooms and two of them have kitchens. Owners’ personal furnishings in the living, dining and private quarters are negotiable. With new energy and the right marketing, it is a definite win! The price of this property is $1,995,000 or best offer.

Price: $1,995,000
Rooms: 10
Baths: 9
Square Feet: 7,000
Restaurant: No
Year Built: 1895
Occupancy: 35%%
Gross Earnings: $$56,500.00
ADR: $165.00
Contact Information
Location:  Lake Geneva, WI
Phone: (262)245-9845
Fax: (262)245-9845
Email: watersedge@watersedgebb.com
Website: watersedgebb.com
Reason for selling
Retiring!