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$1,279,000

Beds
7
Baths
7.5
sq ft
4,972

300 W German St, Shepherdstown, WV 25443

300 W German St

SHEPHERDSTOWN, WV 25443

  • 115 days on market
    • Price drop $220,000↓
Opportunity is knocking! Here is your chance to purchase a truly unique property located in the oldest town in West Virginia! Voted WV's 2023 "Best Bed and Breakfast" for the entire state, The Thomas Shepherd Inn Bed & Breakfast has continued its decades of successful tenure as a mainstay for Shepherdstown visitors. Featuring all updated, 7 bedrooms and 7.5 bathrooms, the Inn displays charm and elegance throughout and is ready to enjoy as a B&B or a primary residence. The property is conveniently situated in the corporation of Shepherdstown and allows for walkability to the downtown shops and eateries, Shepherd University, C&O Canal bike and hike path, plus all the arts, history, charm and flare that makes Shepherdstown one of the greatest small towns in WV and America. Nearby is also all the allure of Sharpsburg, MD/Antietam Battlefield and historic Harpers Ferry. The current owners have stewarded the property tradition while increasing revenue numbers and meticulously maintaining the property while applying numerous updates. Recent property updates include a newer topline kitchen, new roof, water heaters, electrical system, balcony stairs, upgraded backyard, new fence and gate, landscaping, plus more. This property presents several options as it is zoned "R2" which allow for B&B and/or residential uses. Upon entering from the covered front porch on German Street into the foyer on the main level, you will admire the hardwood flooring and ornate atmosphere. Take notice of the formal dining room as well as the private sitting and reading room. Continuing on the main level, is a water closet, updated and modernized kitchen with lots to offer as a functioning B&B or as a private residence. Further down the hall is a spacious living area with a full bedroom, living room with huge brick fireplace, office, study and a separate changing room. This space is currently utilized as private quarters by the inn keepers but also offers versatility for an in-law suite setup if desired. Upstairs, are 6 bedrooms and 6 baths, all graciously upgraded and appointed. The upstairs hallway is ample in size and accommodates itself to seating areas for reading. On the south end of the hallway, is a cozy library area that connects to a covered balcony which overlooks and leads down to the secluded and meticulously landscaped backyard. Convenient to the property, there are two stairway accesses from the main level to the upstairs hall and bedrooms. The tranquil, tree-shaded backyard has been creatively designed to include numerous spots for socializing or relaxing. In addition to these amenities, is a bike rack, rear parking, and there is a large laundry and storage area located in the basement area of the residence. This remarkable and well-maintained, historic property can now be yours in the beautiful village of Shepherdstown, WV! Private showings are available upon request.

Details

Property type

Single Family Residence

Est. home value

$1,024,743

Lot size

8,712 sq ft

Price per sq ft

$258

Year built

1868

Annual property taxes

$14,653.46

HOA

No

Price History

10/15/2024
Bright

Bright #WVJF2013066

Price change
$1,279,000
-14.68%
08/01/2024
Bright

Bright #WVJF2013066

Listed
$1,499,000
+160.7%
10/16/2020
Bright

Bright #WVJF139056

Sold
$575,000

Schools & Community

Elementary school: 

SHEPHERDSTOWN

Middle school: 

SHEPHERDSTOWN

High school: 

JEFFERSON

School district: 

JEFFERSON COUNTY SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jefferson Security Bank

Loan start date

October 2020

Original loan amount

$517,500

Est. remaining balance

Not provided

Interest rate

2.91%

Loan type

Commercial

Seller

Potomac Adventure Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 4:05 AM

Listing updated: 10/15/2024 at 2:39 PM

Listed by: Andrew D Lowe, Path Realty Phone #: (304) 229-9359

MLS: Bright #WVJF2013066

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