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

Overview

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!

Listing Details MLS# 22502670

Contract Info

Original List Price
3600000
List Price/SqFt
611.21

Legal and Taxes

Street #
28
Street Name
Falmouth Heights
Street Suffix
Road
County
Barnstable
Town
Falmouth
Village
Falmouth
State
MA
Zip Code
02540
Tax ID
46 00J 000 022
Estimated Annual Taxes
8425
Tax Year
2025
Building Assessments
694800
Other Assessments
6200
Total Assessment
1435400
Title Reference - Book
25541
Title Reference - Page
271
Lead Base Paint
Unknown
Flood Ins Required
No
Mass Use Code
10 - Multiple Use Property
Nitrogen Sensitive Area
Yes

General Property Info

Region
Upper Cape
Primary Sub-Type
Hotel/Motel
School District
Falmouth
Zoning
RC
# of Buildings
2
Stories
2
# of Units
22
Total Finished Space
5890
Field Card SqFt
5890
Condo
No
Year Built
1955
Renovated
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
Yes
Commercial Units
No
Industrial Units
No
Property Includes Recording Devices
Yes
Device Records
Both Audio and Video

Status Change Info

Concessions
No
Estimated Selling Date
2025-10-31
Under Contract Date
2025-06-19
Sold Date
2025-10-30
Sold Price/SqFt
568.76
SP/AV
2.33

Convenient To

Convenient to Water Body 1
Vineyard Sound
Bike Path
Yes
Cape Cod Rail Trail
Yes
Conservation Area
Yes
Golf Course
Yes
In Town Location
Yes
Medical Facility
Yes
Shopping
Yes

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)

More Information

Special Listing Cond

None
Yes

Basement Description

Full
Yes

Building/Business

Business Name
Red Horse Inn

Present Use

Hotel/Motel
Yes

Parking Features

Guest
Yes
Paved
Yes

Foundation Details

Concrete Perimeter
Yes
Poured
Yes

Floors

Carpet
Yes
Wood
Yes

Walls

Sheet Rock
Yes

Sewer

Public Sewer
Yes

Exterior Features

Sign
Yes

Roof Description

Asphalt
Yes

Siding Description

Clapboard
Yes

Heating

Hot Water
Yes
Other
Yes

Cooling

Wall Unit(s)
Yes

Fuel Type

Electric
Yes
Natural Gas
Yes

Water

Public
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Natural Gas
Yes

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
IDX
Listing Office: Keller Williams Realty
Listing Agent: Jamie Regan
Last Updated: October - 30 - 2025
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