Fernwood Farm B&B

Cazenovia, New York

Asking Price: USD $1,500,000
Guest Rooms: 4    5
Owners Quarter: 6    2

Property Overview

Popular 4 room bed and breakfast located walking distance to the village of Cazenovia and it’s fabulous lake. Property is also conveniently close to the Meirs Creek Farm Brewery and its restaurant. Set on 6.25 acres this property has stunning gardens and lawns, views of Cazenovia Lake from the back of the property, several ponds and a back yard spa mile oasis with a pool, hot tub and sauna.

Fernwood Farm Estate. Set on approximately 6.5 idyllic acres along one of Cazenovia's most scenic country roads, Fernwood Farm Estate is a rare offering that seamlessly blends historic elegance, refined country living, and boutique hospitality potential. Originally dating to the 19th century and thoughtfully restored, this distinguished residence showcases timeless architectural character complemented by modern comforts. Surrounded by rolling countryside, mature landscaping, and serene pastoral views, the property offers a level of privacy and tranquility rarely found in today's market. The home features four beautifully appointed guest suites, owners quarters that house an additional three bedrooms, inviting common spaces, and warm, curated interiors that reflect both sophistication and comfort. Every detail has been designed to create an elevated living experience...whether as a private residence, weekend retreat, or an elegant escape for guests. Currently operated as a highly regarded boutique bed and breakfast, Fernwood Farm enjoys an established reputation and steady demand, offering the flexibility for supplemental income or a fully relied hospitality venture. For the next owner, the opportunity exists to further elevate the property into a luxury inn, private event destination, or exclusive retreat. The expansive grounds provide a stunning natural backdrop ideal for intimate gatherings, wellness retreats, or bespoke events, with ample space for future enhancements or additional amenities. Its proximity to the Village of Cazenovia and regional attractions enhances both lifestyle appeal and guest desirability. This is more than a property...it is a legacy estate offering a unique blend of heritage, beauty, and possibility. Whether envisioned as a refined private residence or a signature hospitality experience, Fernwood Farm Estate represents a truly exceptional opportunity in the Cazenovia market. Offered partially furnished, with many business assets included for a seamless transition.

About the Owner's Quarters

3 bed 2 bath South end of the main house plus large two car garage, two cars deep and full second story that could be finished for additional living space.

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

Ginny and Howard Krumsiek discovered Central New York in 2009 when they purchased their first property on West Lake Road in Cazenovia, New York. They worked together to restore the c.1810 home which they lovingly named Mary’s Meadow Bed & Breakfast.
Ginny found her calling offering hospitality to guests from across the globe. Her signature country breakfasts served to each guest, are consistantly raved about in their online reviews. Howard is in charge of maintenance and grounds and creates beautiful and tranquil spaces for the guests to enjoy.
In 2016 they opened their second location – Fernwood Farm nearby, and recently sold the original Mary’s Meadow location. Mary’s Meadow at Fernwood Farm on Rippleton Road in Cazenovia will continue the services, traditions and accommodations that Ginny & Howard have become known for.

Terms of Sale:

Cash or Conventional loan

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
Eric Burrell (Listing Agent)
  607.316.1689
Limestone Creek Properties

MLS:

S1674090

Sq Ft:

5,100

Owner's Quarters Sq Ft:

2,000

Acres:

6.25

Year Built:

1874

Last Renovated:

2017

Years in Business:

9
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Financial Overview

Asking Price:

USD $1,500,000

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