Own a piece of history, one of the most highly coveted homes in the area The Old Granville Exchange House aka Bailey Corners Hotel. The home has great bones, it has been checked over by three well qualified contractors all of whom said the same thing, the home is sound, and worth saving, but needs a full restoration. The Granville Exchange House, as it was formally known, was built in 1850’s by Jefferson Thomas Bailey who went by J.T. Bailey and his wife Sara. The house is often called the Bailey Corners Hotel, The Hotel at Bailey Corners or the Bailey Hotel by many locals even though that was not its formal name. The house currently features 3 full floors, the first floor has a dining room, kitchen, living room, sitting room, bathroom, and bedroom, the second floor contains bedrooms, and the third floor contains grand ballroom with barrel (arched) ceiling. The home is 3804 square feet not including the basement. There is a hand dug rock lined well in the basement that is said to produce the best water ever tested in the county, as well as a drilled well and 1000 gallon septic tank. The house is on 1.5 acres of land and has amazing views, a small stream (no flood risk) runs behind the property and forms the back property line. There is a separate 100 amp electric service with full breaker box, manual shutoff switch, and RV outlet installed on the back of the property suitable for mobile home installation or RV. The home is mostly cleaned out from what was there, it has a new metal roof and gutting has been started. Once complete would be valued at $300,000 or more.
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