12 Thorn Hill RoadJackson, NH 03846Price: $1,599,999

Searching for a turnkey hospitality business or a premier 1031 tax exchange opportunity? This landmark estate, built in 1902 for the Baldwin Piano family and designed by the Stanford White Architectural firm, sits in the heart of Jackson, New Hampshire. This property offers a rare chance to own a piece of New England heritage with a strong gross income and an unbeatable village location. The inn features a welcoming lobby and a cozy den with a classic stone fireplace. It offers 14 uniquely styled guest rooms, many with their own fireplaces and all featuring private baths. Guests can gather in the sun-filled dining room to take in stunning mountain views. A major highlight is the spacious two-bedroom apartment. While it is perfect for private owner's quarters, it is currently utilized as a successful Airbnb to maximize total revenue. The lifestyle here is second to none, and the property is priced based on its exceptional real estate value. Guests can leave their cars behind and walk to the village's best shops and restaurants, or head to nearby world-class cross-country skiing, snowshoeing, and hiking trails. For those who prefer to unwind, the covered porch and outdoor hot tub provide the perfect escape. Beyond its life as an inn, the building's layout and prime location make it an ideal candidate for a private luxury estate, located in the heart of the Mount Washington Valley.