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1049 E King Street, Lancaster, PA 17602

$989,000

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  • For Sale
  • Active
  • Single Family
  • 9 Beds
  • 10 Full Baths
  • 2 Partial Baths
  • 5,128 Sq. Ft.

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1049 E King Street, Lancaster, PA 17602View this property at 1049 E King Street, Lancaster, PA 17602
1049 E King StreetLancasterPA17602
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Property Description
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.

Full Property Details for 1049 E King St

General

  • Price: $989,000
  • Taxes: $14,060 (2020)
  • Status: Active
  • Type: Single Family
  • MLS ID: PALA107354
  • Updated: 5/13/2020
  • Added: 706 day(s) ago

Interior

  • Rooms/Areas: 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
  • Interior Features: Formal/Separate Dining Room, Kitchen - Gourmet, Pantry, Stain/Lead Glass, Stall Shower, WhirlPool/HotTub, Wood Floors, Floor Plan - Open
  • Fireplace: Yes
  • Number of Fireplaces: 11
  • Fireplace(s): Gas/Propane, Fireplace - Glass Doors, Gas/Propane, Fireplace - Glass Doors
  • Appliances: Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
  • Furnished: Yes
  • Flooring: Carpet, Hardwood, Tile/Brick, Concrete

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Upper 2 - Full Baths: 2
  • Upper Floor Baths: 7
  • Upper - Full Baths: 7
  • Main Floor Baths: 4
  • Main - Full Baths: 3
  • Main - 1/2 Baths: 1
  • Lower Floor Baths: 1
  • Lower - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 9
  • Bedrooms Upper: 6
  • Bedrooms-Up2: 1
  • Bedrooms Main & Up: 3
  • Bedroom 1: Additional Bedroom - Flooring - Carpet, Upper 2
  • Bedroom 2: Bedroom 4 - Flooring - HardWood, Fireplace - Electric, Upper 1
  • Bedroom 3: Bedroom 1 - Flooring - HardWood, Fireplace - Gas, Upper 1
  • Bedroom 4: Bedroom 2 - Flooring - HardWood, Fireplace - Electric, Upper 1
  • Bedroom 5: Bedroom 5 - Flooring - HardWood, Fireplace - Electric, Upper 1
  • Bedroom 6: Bedroom 3 - Flooring - HardWood, Fireplace - Gas, Upper 1

Other Rooms

  • Living Room: Living Room - Flooring - Carpet, Fireplace - Electric, Upper 2
  • Great Room: Great Room - Flooring - HardWood, Fireplace - Gas, Main
  • Dining Room: Dining Room - Fireplace - Gas, Flooring - HardWood, Main
  • Sun Room: Yes
  • Sun Room/Solarium: Sun/Florida Room - Flooring - HardWood, Main
  • Laundry: Lower Floor, Lower 1
  • Other Room 1: Other - Flooring - HardWood, Fireplace - Gas, Main

Additional Information

  • Security/Safety: Smoke Detector, Fire Detection System

Exterior

  • Exterior Features: Exterior Lighting, Outbuilding(s), Sidewalks, Street Lights
  • Porch/Patio/Deck: Balcony, Porch(es), Terrace, Enclosed, Patio(s)

Parking

  • Parking Features: Electric Vehicle Charging Station(s), Surface
  • Parking Type: Driveway, Off Street, Parking Lot
  • Other Parking Total: 8

Location

  • Area: Lancaster Twp (10534)
  • County: Lancaster
  • Development Name: Lancaster Twp
  • Subdivision: Lancaster Twp
  • Driving Directions: RT 340 W thru Bridgeport area and over Conestoga Bridge. Continue to Cottage Ave residential neighborhood on right. B&B on left side of Cottage Ave and E. King St intersection.
  • Historic District: Yes

School Information

  • School District: School District Of Lancaster
  • High School: McCaskey H.S.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas, Multi-tank

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Stucco, Masonry
  • Basement: Yes
  • Basement Desc.: Full, Partially Finished
  • Roof: Tile
  • Stories/Levels: 0
  • Stories Description: Lower 1, Main, Upper 1, Upper 2
  • Square Feet: 5,128
  • Sq. Ft. Source: Estimated
  • Living Area: 5,128 Sq. Ft.
  • Finished Above Grnd: 5,128 Sq. Ft.
  • Year Built: 1915
  • Year Built Source: Assessor
  • Property Condition: Good, Very Good

Unit Information

Unit 1

  • Bathrooms-Lower: 1

Additional Structures

  • Other Structures: Carriage House

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,939
  • Lot Size Source: Assessor
  • Lot Dimensions: 236 x 80
  • Lot Features: Corner, Front Yard, Landscaping, Pond, Private, Rear Yard, Road Frontage, SideYard(s)
  • Zoning: LC - LOCAL COMMERCIAL
  • Lot Description: Corner, Front Yard, Landscaping, Pond, Private, Rear Yard, Road Frontage, SideYard(s)

Financial Considerations

  • Price Per Sq. Ft.: $192.86
  • Assessment Year: 2018
  • School Tax: $11,969
  • City/TownTax: $498
  • City/TownTax Freq: Annually
  • County Tax: $1,593
  • County Tax Freq: Annually
  • Tax w/Assessment: $547,200
  • Tax Amount: $14,060
  • Tax Year: 2020
  • Tax Total Finished Sq. Ft.: 396

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Some personal property
  • Inclusions: Business name, Website, Recipes, Furniture list, Client list, Phone numbers

Listed by Lusk & Associates Sotheby's International Realty, Sherry L Merrill

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NMLS#: 1598647

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Schools

Schools serving 1049 E King St

School District:School District Of Lancaster
Score
Name
Grades
Distance
4
Thomas H Borrowes Elementary School
1001 E Orange St, Lancaster, PA 17602
PK-5
0.2 mi
4
James P Wickersham Elementary School
401 N Reservoir St, Lancaster, PA 17602
PK-5
0.7 mi
3
Abraham Lincoln Middle School
1001 Lehigh Ave, Lancaster, PA 17602
6-8
0.5 mi
2
McCaskey Campus
445 N Reservoir St, Lancaster, PA 17602
9-12
0.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 1049 E King St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2020
Price Reduced
$989,000
-10.09%
MLS
11/24/2018
Listed
$1,100,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 1049 E King St

Year
Property Taxes
Change
Tax Assessment
Change
2018
$17,553
127%
$547,200
131%
2017
$7,732
4%
$236,500
—
2016
$7,461
2%
$236,500
—
2015
$7,335
3%
$236,500
—
2014
$7,156
2%
$236,500
—
2013
$7,006
9%
$236,500
—
2011
$6,451
—
$236,500
—
2010
$6,451
3%
$236,500
—
2008
$6,264
-3%
$236,500
—
2008
$6,451
—
$236,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 1049 E King St

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Listed by Lusk & Associates Sotheby's International Realty, Sherry L Merrill

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1049 E King Street, Lancaster, PA 17602 (MLS# PALA107354) is a Single Family property with 9 bedrooms, 10 full bathrooms and 2 partial bathrooms. 1049 E King Street is currently listed for $989,000 and was received on November 24, 2018. Want to learn more about 1049 E King Street? Do you have questions about finding other Single Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

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