http://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/ Luxist Comments for Land's End Inn, Estate of the Day http://www.luxist.com/media/feedlogo.gif http://www.luxist.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/http://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/Jan 3rd 2008 7:26PMhttp://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/http://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/
As for it languishing on the market I suspect it comes down to basic economics.

Paying $5M+ (add in taxes, et al) up front *plus* furninshings for a boutique inn with just 17 rooms and a peak rental season of just 4 - 5 months simply doesn't make sense. I'm sure plenty of Luxist viewers can give examples of other Inns/boutique hotels being paid for much more per room, not likely in a seasonal community, but do those businesses make money?

Operating costs, taxes, structural costs, etc make for this to be a money pit if someone is to continue to operate it as an inn and paying $5M+ . Returning it to a private residence will cost a great deal and puts this home in a commerical area.]]>Jan 4th 2008 11:22AMhttp://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/http://www.luxist.com/2008/01/03/lands-end-inn-estate-of-the-day/
I had just assumed that the pictures were taken with a disposable camera (which, of course, is kind of odd for any property, in general, but especially one $5M+).]]>Jan 4th 2008 2:37PM