Green Mountain National Forest's Chipman Inn

Ripton, Vermont

Asking Price: USD $1,250,000
Guest Rooms: 9    10
Owners Quarter: 2    1

Property Overview

Chipman Inn has been a labor of love—a historic home that's become a cornerstone of the Ripton community. Over the past few years, we've poured our hearts (and plenty of resources) into making it the warm, welcoming place it is today.
What We've Done
Kitchen Remodel: We completely renovated the kitchen, bringing it up to modern health, safety, and fire codes—and got rid of all the layers of grease and dirt we inherited when we got the keys to the inn. It's efficient, up-to-date, and just happens to look adorable, too! Our efforts paid off: we raised the previous owner's 81 health department rating to a stellar 99.
Cozy Coffee Bar: The old liquor bar has been transformed into a charming coffee bar. We host pop-up coffee mornings that have become a local favorite.
Updated Dining Room: The dining room now seats 28 and serves as the perfect spot for pop-up dinners, rehearsal dinners, weddings, parties, book readings, and more. While we've loved offering this space to our community for free, it also has significant potential for revenue if someone wanted to take it in that direction.
Liquor License: We've obtained a liquor license, adding valuable flexibility for events and dining opportunities.
Structural Upgrades: We've invested in critical but unseen repairs, including reinforcing floor joists and addressing foundation concerns. These essential updates ensure the inn is safe and secure—ready to stand strong for another generation of guests.
EV Charging Station: We installed an EV charging station near the barn, a forward-thinking feature we've enjoyed using ourselves. Though it's not yet available for guest use, it offers untapped potential for future revenue or added guest amenities.
Five-Star Reputation: Our commitment to excellence shows in our 5-star Google reviews, reflecting the quality experience guests consistently enjoy at Chipman Inn.

Chipman Inn is a historic bed-and-breakfast nestled in the heart of the Green Mountain National Forest in Ripton, Vermont. Conveniently located next to a popular wedding venue and just steps from the local general store, the inn offers a unique blend of charm and accessibility. The property backs up to the trailhead for a scenic hike to Middlebury College’s Bread Loaf Campus and Nordic Center, making it an ideal retreat for nature lovers, outdoor adventurers, and wedding guests alike.

About the Owner's Quarters

The living arrangements at Chipman Inn are as flexible and unique as the property itself. The current innkeeper has a family of 5 and uses the traditional owner's quarters plus three guest rooms for their living space. However, for simplicity in this listing, we've designated it as having 2 owner's quarters rooms, as that reflects the most likely configuration for future owners.
One of the remarkable features of the inn is its adaptability—there are multiple ways to live and operate here. With several wings and layouts to choose from, future owners can easily customize their living space to suit their needs while seamlessly running the inn. Whether you prefer a traditional owner's quarters or a completely separate family wing, Chipman Inn offers endless possibilities for creating your ideal lifestyle.

Features:
  • Has a Barn Barn
  • Is Historic Historic
  • Includes a Restaurant Restaurant
  • Has a Wedding Venue Wedding Venue
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Near Skiing Ski
Business Description:

Under our care, Chipman Inn has seen thoughtful improvements, from boosting RevPAR to adopting eco-friendly practices and offering unique guest experiences. Its location near Middlebury College makes it a great option for college visitors or anyone looking for a peaceful getaway. With the potential to fully utilize all rooms, there’s plenty of opportunity to grow revenue. These changes highlight the inn’s potential for someone with the vision to take it even further.

Terms of Sale:

Asking Price

$1.2 million (VERY negotiable based on buyer qualifications and offer terms).

Included in the Sale:

Real Estate: The historic Chipman Inn building, encompassing six guest rooms, owner’s quarters, a dining room, and a cozy coffee bar.
Furnishings and Equipment: All inn-related furniture, fixtures, and appliances necessary for continued operation.
Brand and Marketing Assets: The Chipman Inn name, website, social media accounts, guest email lists, and marketing materials.
Established Partnerships:
Broadleaf School of English for annual conference bookings.
Snowbowl Ski Area for ski-and-stay packages.
Revenue Records: Full disclosure of financials, occupancy rates, and established revenue streams, including potential revenue from fully utilizing the inn for events and conferences.
Transition Support

Owner Assistance: A 3-6 month transition period, during which I will provide training and support to help the buyer become familiar with operations, guest services, and local partnerships.
Innkeeper Role Option: I am open to staying on as the innkeeper or consultant, depending on the buyer’s preference. This would include managing day-to-day hospitality operations such as guest services and housekeeping, allowing the new owner to focus on business development.
Sale Structure

Financing:
Buyer to secure financing or cash purchase.
Owner Financing Option: A portion of the sale price may be financed by the seller, with terms to be negotiated (e.g., 20% down payment, balance financed over 5-10 years at a fair interest rate, subject to buyer’s creditworthiness).
Contingencies:
Sale contingent upon buyer securing financing, inspections, and necessary insurance.
Agreement to maintain property as a hospitality business (negotiable based on buyer’s plans).
Additional Information

The Chipman Inn is currently underutilized in terms of its revenue potential. The dining room, which seats 28, has been used for community events such as weddings, dinners, and book readings, but could easily generate additional income. Our partnerships with the Broadleaf School of English and Snowbowl Ski Area offer exciting opportunities for future growth. With a strong foundation in place, the inn is ready for someone with an entrepreneurial spirit to build on its legacy.

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
Elizabeth Guilbeau (Owner)
  8023454448

MLS:

5032042

Acres:

6

Year Built:

1828

Last Renovated:

2024

Years in Business:

50

MLS:

5032042
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Financial Overview

Asking Price:

USD $1,250,000

Cap Rate:

0%

NOI:

USD $0

Annual Gross Revenue:

USD $150,000

Gross Revenue Multiplier:

0x

Revenue Per Room:

USD $0

Occupancy Rate:

36%

Average Daily Rate:

USD $253

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