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Sold for $2,000,000 on 03/29/23
  • $2,000,000

    50 Weaver Rd, Denver, PA 17517

    4beds
    3,908sqft
    SingleFamily
    Built in 1739
    5.8 Acres Lot
    $1,632,900 Zestimate®
    $512/sqft
    $2,714 Estimated rent

    Home value

    $1,632,900

    $1.37M - $1.94M

    $2,714/mo

    Zestimate® history
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    Owner options

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    $2,714/mo

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    $10,489/mo

    Est. payment

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    $10,489/mo

    Est. payment

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    What's special

    Bear Mill Estate, the first grist mill in Lancaster County built by Michael Bear in 1739, has been meticulously restored with antique building materials to showcase the true beauty of this stunning property. In 2015 the estate was recognized by the Historic Preservation Trust and won the award for Restoration/Adaptive Re-use for a pre-existing structure. Also, the estate has been featured several times in Lancaster County Magazine. This property has been magnificently landscaped with a variety of trees and shrubs and breathtaking flower beds. It has been converted into a very successful wedding and special events venue. The main house, called The Inn at Bear Mill, is a 3,908sqft space and can be rented by the bridal party and their special guests. As you enter the Inn, you will see the finest woodwork and attention to detail, starting with a spacious foyer that ends with a door to the courtyard. To the left there is a dining room, a custom kitchen, a small sitting area, and a powder room. To the right is a comfortable living room with custom bookshelves stocked with books, and a carriage room used as the bridal solarium, complete with heated floors and cedar closets. As you move up the beautiful wide staircase, you will find 4 suites, each with its own private bathroom. Between the house and the mill, you will find The Cottage which houses a consulting area, a catering room with commercial coolers and stainless-steel prep stations, and bathroom facilities for the events guests. On the 2nd floor of The Cottage is a private inn/groundskeepers quarters. The Mill is the showcase of the property with no expense spared with its renovations. This is where the wedding and special events are held. Kerry has had a hand in all the restorations and additions. Done with the utmost of care, the Mill becomes the centerpiece of the venue. On the first floor you will find the most charming lounge for cocktail hour, furnished with high-end custom furniture, a grand piano, a beverage bar, a coffee station, and the original fireplace. The terrace sits over the pond which goes over the mill race and flows into a stream for the most tranquil of settings, with a 2-story glass elevator and multiple seating areas around the pond and firepit area. Heading upstairs you will find a reception area, holding a maximum occupancy of around 130 guests, with custom tables made from the old mill beams, stylish black Chiavari chairs, a fireplace, and a decorative wall display of the original clay roof tiles. On the 2nd story terrace is the stunning view of the entire island preserve, a fairy tale picture of water and woods. Throughout the acreage you will find multiple ceremony locations and a parking area for 45+vehicles. The buildings come fully furnished with trade fixtures and furniture. Bookings continue into the future with $240,000 worth of revenue contracted for 2023, as well as bookings into 2024. Since opening its doors, the standard practice at Bear Mill Estate has been one wedding a week, but the growth potential is most promising for a prospective buyer who wishes to grow the business and host a number of events throughout a given week from multiple weddings to showers, from corporate events to retirement parties, from elopement ceremonies to birthdays, from romantic getaways to anniversary celebrations, from girls weekends to graduations, from baptisms to bar/bat miztvahs. **Please note that with Bear Mill Estate on the real estate market and Kerry Lee Kegerise, current proprietor and manager, moving into semi-retirement, all wedding contracts negotiated and signed with Kerry will be honored under the new ownership and management. Also, you can rest easily that when you sign with Kerry, he will continue to work directly with you and the new owners on your wedding to make a most beautiful and successful event day guaranteed.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,908 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Other, Brick
    Lot
    • Size: 5.80 Acres
    Details
    • Parcel number: 0802414000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    Materials
    • Roof: Slate
    Condition
    • Year built: 1739

    Community & neighborhood

    Location
    • Region: Denver

    Price history

    DateEventPrice
    3/29/2023Sold$2,000,000-38.5%$512/sqft
    Source: Public Record
    12/2/2022Pending sale$3,250,000$832/sqft
    Source: Bright MLS #PALA2023058
    8/8/2022Listed for sale$3,250,000$832/sqft
    Source: Bright MLS #PALA2023058
    8/1/2022Listing removed$3,250,000$832/sqft
    Source: Bright MLS #PALA2017696
    1/13/2022Listed for sale$3,250,000+602.7%$832/sqft
    Source: Bright MLS #PALA2011132

    Public tax history

    YearProperty taxesTax assessment
    2025$21,641 +5.6%$823,100
    2024$20,502 +2.5%$823,100
    2023$20,000 +2.7%$823,100

    Find assessor info on the county website

    Neighborhood: 17517

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Cocalico
    • High: Cocalico
    • District: Cocalico

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