Greenlake Guest House

Seattle, Washington

Asking Price: USD $2,700,000
Guest Rooms: 5    5
Owners Quarter: 2    1

Property Overview

We offer 5 comfortable & freshly updated rooms at our Seattle bed and breakfast that have private baths and TV/DVD; most rooms also have jetted tubs and gas fireplaces.

Choose from several options during our menu-based gourmet breakfasts served each morning at our Seattle B&B. Guests sit at individual tables in the common area or the patio. Bagged Continental breakfasts are also available for very early morning departures. You will also receive complimentary wine or sparkling cider, great Seattle coffee, tea, soda, bottled water, snacksand our fresh-baked cookies available around the clock.

Stay as connected as you like, with our complimentary wireless Internet. Enjoy a quick jog around the lake, right out our front door, and walk to many nearby shops and restaurants in our central location. We are always happy to help you with warm and personal service to make the most of your stay here.

Seattle has excellent public transportation and Green Lake is served by the E-Line Rapid Ride bus to downtown and the #45, #62, and #26 buses. The closest light rail station is at the Roosevelt Station and can be accessed by a 5 minute ride on the #45 bus

Light and bright 1920 Craftsman style home across the street from Greenlake and park with 6 bedrooms and 7 baths, (5 bedrooms for the B&B, all with private baths). Walkable neighborhood close to restaurants and shops and 15 minute drive to downtown Seattle. Gourmet kitchen remodeled in 2017, new entry way steps and retaining wall in 2021, new roof in 2024, professionally landscaped with sprinkler system, air conditioning, remodeled back patio and gas fire pit. 6,720 SF lot size . Across the road from beautiful Greenlake park with low bank access and views from many of the rooms and 15 minutes

About the Owner's Quarters

Lower Level: 2 spacious bedrooms and bathroom on lower level of house with shared laundry and utility room, single car garage used for storage and workshop.

Main floor: Use of light and bright gourmet B&B kitchen, private built in eating nook with view of lake, family room with French doors leading to beautifully landscaped patio with private 2 car-garage and alley access.

Features:
  • Is Historic Historic
  • Waterfront Property Waterfront
Lifestyle:
  • Near the Beach Beach
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
Business Description:

Most of our guests are family or friends of people that live nearby. They are coming to see their family and return often for birthdays, holidays, and other occasions, helping us achieve a high year-round occupancy without needing to use any OTA's . After 21 years, over half our guests are return guests. Tracking financials using excel spreadsheet (available upon request for pre-qualified buyers) with entire history of business for 21 years. Reported average annual income over 288K in the last 3 years.

Terms of Sale:

Buyers to find own financing

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Blayne & Julie McAferty (Owner)
  206-729-8700
Greenlake Guest House

Sq Ft:

3,640

Owner's Quarters Sq Ft:

1,100

Acres:

0

Year Built:

1920

Last Renovated:

2024

Years in Business:

21
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Financial Overview

Asking Price:

USD $2,700,000

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