28 Falmouth Heights Road, Falmouth, MA 02540 (MLS# 22502670)
28 Falmouth Heights Road, Falmouth, MA 02540
$3,350,000
Property Type:
Commercial
Square Footage:
5,890
Lot Size (sq. ft.):
37,026
Status:
Closed
Current Price:
$3,350,000
List Date:
6/02/2025
Last Modified:
10/30/2025
Description
Welcome to the Red Horse Inn! Steeped in history and close to all of the fabulous amenities Falmouth has to offer, this is a great opportunity to own a piece of Cape Cod! This inn is AAA rated, 3-Diamond Premier Motel (Beautification Awards) with 22 Spacious, updated Rooms (Kings, Queens, Doubles) with modern amenities including A/C, whirlpool tub, ceiling fans, and balconies. It's close to multiple sandy beaches, the Island Queen ferry to Martha's Vineyard, downtown shops, restaurants, cultural activities, and the bike bath. A true four season destination Great rental history!
More Information MLS# 22502670
Contract Info
List Price/SqFt: 611.21
Status: Closed
Original List Price: 3600000
Sold Price: $3,350,000
Current Price: $3,350,000
List Date: 2025-06-02
Legal and Taxes
Town: Falmouth
Village: Falmouth
Estimated Annual Taxes: 8425
Building Assessments: 694800
Other Assessments: 6200
Total Assessment: 1435400
Title Reference - Book: 25541
Title Reference - Page: 271
Flood Ins Required: No
Lead Base Paint: Unknown
Mass Use Code: 10 - Multiple Use Property
Nitrogen Sensitive Area: Yes
Street #: 28
Street Name: Falmouth Heights
Street Suffix: Road
County: Barnstable
State: MA
Zip Code: 02540
Tax ID: 46 00J 000 022
Tax Year: 2025
General Property Info
Region: Upper Cape
Primary Sub-Type: Hotel/Motel
School District: Falmouth
Zoning: RC
Renovated: No
# of Buildings: 2
Stories: 2
Field Card SqFt: 5890
# of Units: 22
Condo: No
Business w/Real Estate: Yes
Lot Size SqFt: 37026
Lot Size Source: Field Card
Acres: 0.85
# of Parking Spaces: 40
Golf Course Front: No
Golf Course View: No
Waterfront: No
Waterview: No
Residential Units: Yes
Total # Res Units: 1
Commercial Units: No
Industrial Units: No
Property Includes Recording Devices: Yes
Device Records: Both Audio and Video
Total Finished Space: 5890
Year Built: 1955
Remarks & Misc
Public Remarks: Welcome to the Red Horse Inn! Steeped in history and close to all of the fabulous amenities Falmouth has to offer, this is a great opportunity to own a piece of Cape Cod! This inn is AAA rated, 3-Diamond Premier Motel (Beautification Awards) with 22 Spacious, updated Rooms (Kings, Queens, Doubles) with modern amenities including A/C, whirlpool tub, ceiling fans, and balconies. It's close to multiple sandy beaches, the Island Queen ferry to Martha's Vineyard, downtown shops, restaurants, cultural activities, and the bike bath. A true four season destination Great rental history!
Directions to Property: Davis Straits to Falmouth Heights Road (Corner of Lake Leaman)
Status Change Info
Concessions: No
Estimated Selling Date: 2025-10-31
Sold Price/SqFt: 568.76
SP/AV: 2.33
Under Contract Date: 2025-06-19
Sold Date: 2025-10-30
Sold Price: $3,350,000
Special Listing Cond
None: 1
Basement Description
Full: 1
Building/Business
Business Name: Red Horse Inn
Present Use
Hotel/Motel: 1
Parking Features
Guest: 1
Paved: 1
Foundation Details
Concrete Perimeter: 1
Poured: 1
Convenient To
Bike Path: 1
Cape Cod Rail Trail: 1
Conservation Area: 1
Golf Course: 1
In Town Location: 1
Medical Facility: 1
Shopping: 1
Convenient to Water Body 1: Vineyard Sound
Floors
Carpet: 1
Wood: 1
Walls
Sheet Rock: 1
Sewer
Public Sewer: 1
Exterior Features
Sign: 1
Roof Description
Asphalt: 1
Siding Description
Clapboard: 1
Heating
Hot Water: 1
Other: 1
Cooling
Wall Unit(s): 1
Fuel Type
Electric: 1
Natural Gas: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Natural Gas: 1
Property Features
Special Listing Cond: None
Present Use: Hotel/Motel
Parking Features: Guest; Paved
Convenient To: Bike Path; Cape Cod Rail Trail; Conservation Area; Golf Course; In Town Location; Medical Facility; Shopping
Floors: Carpet; Wood
Walls: Sheet Rock
Foundation Details: Concrete Perimeter; Poured
Basement Description: Full
Roof Description: Asphalt
Siding Description: Clapboard
Heating: Hot Water; Other
Cooling: Wall Unit(s)
Fuel Type: Electric; Natural Gas
Water: Public
Hot Water: Water Heater
Hot Water Source: Natural Gas
Sewer: Public Sewer
Red Horse Inn Guide Book ›
Listing Office:
Keller Williams Realty
Listing Agent:
Jamie Regan
Last Updated: October - 30 - 2025
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