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Active under contract
  • Listed by: TPW Real Estate
    $1,350,000

    86 Main Street, Ludlow, VT 05149

    11beds
    6,069sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Original detailWood floors
    Turnkey Village Inn and Restaurant in the heart of Ludlow, Vt. only steps to Okemo Mountain Ski Resort. This fully furnished and equipped property includes 9 guest rooms with private baths, a 2 bedroom, 2 bathroom owner’s apartment, and a former wine bar/restaurant space ready to relaunch with all FF&E included. Historic charm throughout, wood floors, fireplaces, and original detail-paired with numerous renovations and upgrades, and strong income potential. Walkable to shops, dinning and the Okemo shuttles. Flexible village center zoning supports a range of commercial or residential uses. The proximity of the Governor’s Inn to local attractions, such as the Okemo's winter and summer activities, Friday night concerts, farmers market, buttermilk falls, lakes region, hiking trail, cheese factories and Black River sees year round business with skiers, hikers, bicyclists, boaters and fishing. This is not just a winter ski inn, The Governor's Inn operates year-round generating consistent revenue across all four seasons. The inn is also part of the collaboration between four inns that offers a walking experience to guests between the months of May and October. The top four income producing months are October, September, August and February, in that order. A rare opportunity to own a move in ready, income-generating property in one of Vermont’s most desirable ski towns.
    377 days
    |
    108
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 17, 2026 at 12:04pm

    Listed by:

    John M Napier,

    TPW Real Estate 802-228-9400

    Source: PrimeMLS,MLS#: 5031160MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 11
      • Full bathrooms: 10
      Heating
      • Oil, Baseboard, Electric, Floor Furnace, Mini Split
      Cooling
      • Mini Split
      Features
      • Flooring: Hardwood, Tile
      • Basement: Concrete Floor,Full,Storage Space,Walkout,Interior Access,Exterior Entry,Basement Stairs,Walk-Out Access
      Interior area
      • Total structure area: 8,072
      • Total interior livable area: 6,069 sqft
      • Finished area above ground: 6,069
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, Off Street, Parking Spaces 11 - 20
      Features
      • Levels: 3
      • Patio & porch: Covered Porch
      • Has view: Yes
      • View description: Mountain(s)
      • Frontage length: Road frontage: 105
      Lot
      • Size: 0.44 Acres
      • Features: Level, Major Road Frontage, Sidewalks, In Town, Near Golf Course, Near Shopping, Near Skiing, Near School(s)
      Details
      • Parcel number: 36311211596
      • Zoning description: village

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Victorian
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Clapboard Exterior
      • Foundation: Concrete, Fieldstone
      • Roof: Metal,Asphalt Shingle,Slate
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Electric: 200+ Amp Service, 3 Phase, Circuit Breakers
      • Water: Public Water On-Site
      • Utilities for property: Cable, Sewer Connected

      Community & HOA

      Location
      • Region: Ludlow

      Financial & listing details

      • Price per square foot: $222/sqft
      • Tax assessed value: $611,500
      • Annual tax amount: $14,079
      • Date on market: 3/5/2025
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,776/mo

        Price history

        Price history
        DateEventPrice
        11/1/2025Price change$1,350,000-9.4%$222/sqft
        Source: PrimeMLS #5031160 Report a problem
        3/5/2025Listed for sale$1,490,000+259%$246/sqft
        Source: PrimeMLS #5031160 Report a problem
        12/30/2019Sold$415,000-26.5%$68/sqft
        Source: Public Record Report a problem
        9/6/2019Price change$565,000-1.7%$93/sqft
        Source: Diamond Realty #4498653 Report a problem
        8/14/2019Price change$575,000-1.7%$95/sqft
        Source: Diamond Realty #4498653 Report a problem
        6/30/2019Price change$585,000-1.7%$96/sqft
        Source: Diamond Realty #4498653 Report a problem
        6/13/2019Price change$595,000-4.8%$98/sqft
        Source: Diamond Realty #4498653 Report a problem
        12/28/2018Price change$625,000-3.7%$103/sqft
        Source: Diamond Realty #4498653 Report a problem
        1/25/2018Price change$649,000-3.7%$107/sqft
        Source: Diamond Realty #4498653 Report a problem
        12/27/2017Listed for sale$674,000$111/sqft
        Source: Diamond Realty #4498653 Report a problem
        11/27/2017Pending sale$674,000$111/sqft
        Source: Diamond Realty #4498653 Report a problem
        8/11/2017Price change$674,000-3%$111/sqft
        Source: Diamond Realty #4498653 Report a problem
        6/17/2016Listed for sale$695,000-8.4%$115/sqft
        Source: Diamond Realty #4498653 Report a problem
        4/29/2015Listing removed$759,000$125/sqft
        Source: Lang McLaughry Real Estate #4234847 Report a problem
        3/21/2015Price change$759,000-5%$125/sqft
        Source: Lang McLaughry Real Estate #4234847 Report a problem
        5/4/2013Listed for sale$799,000$132/sqft
        Source: Lang McLaughry Spera Real Estate #4234847 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $611,500
        2023-- $611,500 +7.4%
        2022-- $569,400
        2021-- $569,400 -20.1%
        2020-- $712,300
        2019-- $712,300
        2018-- $712,300
        2017-- $712,300
        2016-- $712,300 +9900%
        2015-- $7,123
        2014-- $7,123
        2013-- $7,123
        2012-- $7,123 -12.5%
        2011-- $8,138

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $9,189/mo
        Principal & interest
        $6962
        Property taxes
        $2227
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          Climate risks

          Neighborhood: 05149

          Getting around

          57 / 100
          Somewhat Walkable
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Ludlow Elementary School
          • District: Two Rivers Supervisory Union

          Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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