Sea Spiral hotel at Hampton Seaside for sale
HAMPTON – The Sea Spiral Suites on Ocean Boulevard is up for sale, as its house owners are searching to retire after decades of working inns on the beach front.
The resort, priced at $3.5 million, was crafted in 1920 and purchased by entrepreneurs Norm and Sandy Bolyea in 1987. The Bolyeas, who live in North Hampton, stated they have been little by little promoting their attributes at the beach as they put together for retirement.
“We’re outdated, and I’m weary,” said Norm Bolyea. The Bolyeas also not long ago bought the Kentville on the Ocean, which was torn down and replaced with new condos that opened final yr. They nonetheless individual the Ships Inn and a couple other accommodations on B Street and expect to keep advertising their attributes right until they are gone.
“I feel just one a calendar year is about suitable,” mentioned Sandy Bolyea.
The resort at 449 Ocean Blvd., found north of the most important beach front and just south of Boar’s Head, features 49 rooms overlooking the ocean and marsh. A person three-story setting up includes 21 suites, although two different two-story properties residence 28 motel rooms. The listing touts large windows with dynamic views, as well its site in a “quieter setting” with simple access to the beach’s boardwalk.
The Bolyeas invested $2.32 million in the resort soon immediately after they acquired it, tearing down the 10 primary cottages in the back again of the lodge and changing them with the 21 suites.
Norm Bolyea, an engineer, claimed the composition is continue to audio and that the lodge only requires some aesthetic updates.
“We’ve been performing this for 50 decades,” Norm Bolyea reported. “I’ve loved it.”
The beach front in recent a long time has noticed a number of attributes switch about and adjust hands, such as a lot of more mature lodges. Some, like Brownie’s Resort built on Ashworth Avenue in 1940, have been torn down and replaced with condos. Other people have been held accommodations, like the dilapidated Colony Motel on Ashworth Avenue which was acquired by Al Fleury and revitalized as a new hotel opening upcoming summertime.
Chuck Rage, a Hampton selectman who also owns the Pelham Vacation resort and other resorts at the beach front, reported he hopes that the purchaser of the Sea Spiral will continue to keep it as a hotel. He said condos are less complicated to make funds for a developer, but that Hampton will require motels as a tourist destination.
“I hope it would not come to be condos,” Rage said. “Hampton is in determined have to have of inns.”
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