
The Yachtsman Lodge
LOCATION
59 Ocean Avenue,
Kennebunkport, ME 04046, USA
ASSET DESCRIPTION
Acquired in 2005 and part of a $35 million acquisition of a collection of hotels, inns, and restaurants in New England, USA, that was completed under related holding structures, the Yachtsman Lodge overlooked the Kennebunk River in a seacoast village adjacent to the marina. The Yachtsman Lodge & Marina featured 30 designed bungalows, each with panoramic waterfront views and a patio, all within walking distance of Kennebunkport.
Settled in the 1600s and with a long ship-building history, Kennebunkport is known for its charm and maritime history. The seaside village is located along the ocean and Kennebunk River. The bustling town center features local artisan shops and is a short walk from beaches and boating excursions. It is centrally located and is 30 minutes south of Portland, 30 minutes north of Portsmouth, and 90 minutes from Boston, making it a regional destination.
The Yachtsman Hotel & Marina Club was sold in 2017 to a Boston-based real estate investor.