You Can Now Buy An Entire Colony On The Cape
If you've ever wanted to own an entire colony, technically now you can. A nearly four-acre property with eight mid-century cottages is for sale in Wellfleet and for $5 million it could be yours.
Dubbed The Colony of Wellfleet, these rentable cottages at 640 Chequessett Neck Rd could be a great investment for anyone who's ever wanted to own their own boutique hotel.
The stunning property sits surrounded by the Chequessett Country Club golf course and Wellfleet Harbor, but it's the cottages themselves that really stand out.
Back in 1948 when these cottages were first built, the property was an artist retreat and private club. In 1963 the current owners bought the site and began it's transformation into an incredible overnight experience on the Cape.
READ MORE: Unique New England Airbnb Is Straight Out Of A Storybook
Celebrities like Paul Newman and Faye Dunaway have been past guests at The Colony as well as countless artists, professors, poets, psychiatrists and writers.
The retreat vibes are strong at this spot and it's a perfect place to escape the stress of any career.
It could now become your career, if running boutique rentals has been a dream of yours. In a recent listing from Gibson Sotheby's International Realty, the land and cottages could be all yours for a cool $5 million.
READ MORE: See Inside Harry Connick Jr.'s Cape Cod Home Now For Sale
The current rental prices at The Colony range from $355 to $595 per night, so there's definitely potential make your money back on this buy. Not to mention the amazing spot where you get to spend your summers too.
It's for sure a beautiful spot and the cottages make for a great getaway. Keep scrolling to see for yourself why this 'Colony' could make for a great investment.
Own Your Very Own Cape Cod Colony By The Beach
Gallery Credit: Nancy Hall
Gorgeous Cape Cod Retreat Selling For First Time in 50 Years
Gallery Credit: Nancy Hall
See Inside Harry Connick Jr's Cape Cod Home Now For Sale
Gallery Credit: Nancy Hall