Private 50-acre estate with guest cabin and lake

Milford. The former Black Walnut Inn can be renovated to suit your needs as a residence or investment property, or a combination of the two.

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Price: $599,000
Total acres: 49.28
Total square feet: 7,227
Total taxes: $15,203
Year built: 1970
Listing agents: Lisa McAteer, Carl Will, McAteer & Will Estates; Keller Williams Real Estate, Milford
Office: 570-296-6400
Cell: 973-903-6936

Imagine a country estate just minutes from downtown historic Milford, with a private lake and guest cabin. The former Black Walnut Inn can be renovated to suit your needs as a residence or investment property, or a combination of the two. The possibilities are numerous and include a restaurant and bed-and-breakfast — a perfect venue for weddings, events and professional photography.

Enter into the grand foyer in the main house. You will have find 12 bedrooms, 6 full and 6 half-baths, and a commercial kitchen. A glass enclosed dining area overlooks the lake, and leads into the bar area with more room for dining.

The living room features a marble surround fireplace. An attached one-level apartment has a full kitchen, full bath and bedroom, and office space. It is renting now for $750 a month.

In addition, there is a guest cabin across lake that rents for $850 per month. It has cathedral ceilings and features lake views and lake access. The living room in this cabin has a wood burning brick fireplace, a huge kitchen, two bedrooms, a full bath, and a bonus space.

The property offers a private playground for snowmobiling, boating, fishing, camping and embracing nature with a myriad of possibilities for use as a vacation home, primary residence or investment.

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