A Florida-based real estate investment firm, DoveHill, has acquired the renowned Mayflower Inn & Spa property in Washington, Connecticut, for $5.3 million. The deal marks a significant transaction for the luxury property, which sits on 58 acres in the scenic Litchfield Hills.
Key Takeaways
- DoveHill, headquartered in Fort Lauderdale, is the new owner of the Mayflower Inn & Spa.
- The acquisition price was $5.3 million, according to land records.
- The property includes a 35-room inn, a 20,000-square-foot spa, dining venues, and extensive gardens.
- Auberge Collection will continue to manage the Mayflower under the new ownership.
A New Chapter for a Historic Property
DoveHill, a real estate investment firm, has officially taken ownership of the Mayflower Inn & Spa, a 35-room luxury property located at 118 Woodbury Road. The acquisition, finalized for $5.3 million, includes the main inn, The Retreat spa, two distinct dining establishments – The Garden Room and The Tap Room – and beautifully maintained gardens.
Strategic Investment in Luxury Travel
Jake Wurzak, founder and CEO of DoveHill, expressed the firm’s intention to enhance the property while respecting its existing character. The acquisition aligns with DoveHill’s strategy, recognizing a continued demand from affluent travelers seeking high-end, accessible escapes reachable by car. This focus on the luxury drive-to market is a key driver behind the investment.
Management and Past Transactions
Under the new ownership, Auberge Collection, a prominent luxury hotel management company, will continue its role in managing the Mayflower Inn & Spa. This ensures a seamless transition for guests and staff. Property records indicate that the Mayflower Inn & Spa was previously sold in 2013 for $9.5 million. The property also experienced a foreclosure in 2011, highlighting its complex financial history prior to this latest acquisition.
Sources
- Florida firm acquires Mayflower Inn & Spa property for $5.3M, Hartford Business Journal.