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Listed price in listed location currency (USD).
$809,900

007

MLS® R1663799

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 3512 sqft
Garage No
Maintenance Fees 
Taxes $8,725
Days Active 3
Approx. Age 1875
Avg. Price Per Sqft $230
MLS® Number R1663799

Property Address: 8339 & 8347 Main Street, Covert, NY, 14847

Average square foot calculated using Size range provided by listing agent.

Description

Introducing the beloved Glass Magnolia Bed & Breakfast, proudly positioned between Seneca & Cayuga Lakes in the heart of the Finger Lakes. This remarkable 1875 home, together with the property at 8347 Main, offers a total of 11 guest rooms between both homes & has graciously welcomed visitors for years. Being sold as a turnkey business with a strong, loyal following & lucrative cash flow, this is a rare opportunity to own an established hospitality destination & continue the success of this amazing B&B. Rich in character & history, the main home features 7 private baths & a spacious owner’s suite thoughtfully situated on the opposite side for privacy. Guests gather each morning in the formal DR where breakfast is prepared & served, adding to the authentic B & B experience. Every guest room reflects its own unique 1800s-inspired style & returning visitors often request their favorite room year after year. The atmosphere is warm & welcoming, comfortable rather than overly formal, creating a relaxed retreat that keeps guests coming back season after season. The property is pet friendly & includes a guest kitchen available 24/7, further enhancing convenience & appeal. A grand, open covered front porch invites relaxation, while the yard offers ample space for pets, gardens or even future outbuildings. Mechanically updated & well maintained, the home offers public water & sewer, a 9-year-old boiler with 8 heating zones, two hot water heaters, a 6-year-old roof, vinyl thermal windows, & numerous additional improvements thru out. Ideally located, less than a 15-minute drive to Sampson State Park, approximately 25 min to Ithaca & Cornell University & about 10 minutes to local schools. Close proximity to both lakes, wineries, & area attractions, this a prime destination in a charming, walkable neighborhood! Whether you envision this as your primary residence with income potential or maintain it as a highly rated B & B, recognized for multiple years by Tripadvisor. The Glass Magnolia offers history, hospitality & opportunity all in one exceptional package. Selling Fully Furnished. To be sold with 8347 Main St. R1663775 (tax map #1-016-000) for total price $809.900.
MLS® NumberR1663799
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1875
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Equipment, Inventory, Land, Building and Business, Other - See Remarks

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 1, 2026List Date
$809,900List Price
  • Commute

Commute

Starting Address
Destination Address
8339 & 8347 Main Street, Covert, NY

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