An historic Fan District house that for years has been used as a bed and breakfast has been put on the market.
The 8,000-square-foot Grace Manor Inn at 1853 W. Grace St. was listed April 5 for $1.14 million. Chris Small of Small & Associates Real Estate has the listing.
Owners Albert and Dawn Schick, who have operated Grace Manor Inn for the past 12 years, reached out to Small to list the house because they are moving to Belize to build an eco-tourist lodge there. The couple purchased the house in 2003 for $867,000, according to city property records.
A recent assessment valued the property at $1.02 million.
While a special use permit allows the home to continue to be used as a bed and breakfast, Small said he is marketing the listing as a single-family residence.
“We’re not really selling the Grace Manor Inn. We’re selling 1853 W. Grace St.,” he said. “If someone is interested in continuing to use it as a B&B, that is certainly an option.”
Built in 1910, the Victorian-style house at the corner of Grace and North Meadow Street, a block from Monument Avenue, is a designated National Historic Landmark. It has been restored with original fixtures and other details preserved.
“The level of architectural detail that is in that house far exceeds even a number of houses on Monument Avenue,” Small said. “The rich detail is amazing.
“If we could drag it a block, we could probably get $700,000 or $800,000 more for it than we have it on the market for,” he said.
Situated on a double lot totaling a quarter acre, the three-level house includes 10 bedrooms and six bathrooms, a butler’s pantry and kitchen with commercial appliances, a center hall with 12-foot ceilings, a dining room with original chandelier and curved bay with three windows, and a conservatory with access to a private walled garden and terrace.
The property also features a saltwater pool and off-street parking for six cars, including a garage with guest quarters.
Small said the house is on a stretch of Grace Street that has seen renewed interest after decades of decline. Farther west along Grace, the neighborhood has seen a trend of houses used as apartments being converted into condos, returning properties from rentals to home-ownership.
“Over the years, with it backing up to Broad Street and having the train station there, the effects of the events of the 20th century drew Grace Street down. Now it’s becoming gentrified because it has this really high-quality architecture that’s got just amazing details, and people are starting to really appreciate it and renovate it.
“The houses on Grace Street were actually built with a higher standard of detail, because when they were built originally, it was probably a little bit tonier of a street than most of the houses in the Fan District.”
The house isn’t Small’s first million-dollar listing. He recently sold a house at 3219 Grove Ave. for just over $1 million, and last summer, he represented the buyer of a Windsor Farms home that sold for $1.67 million.
Nearby on Monument Avenue, a local printing executive listed his 5,800-square-foot home last month for $1.79 million. And earlier this month, a 6,200-squre-foot home at 2609 Monument Ave. was listed for $2.09 million.