1738 IN-111
New Albany, IN 47150

Welcome to 'Rabbit Ridge,' a cherished historic estate steeped in the tales of riverboat entrepreneurs and embodying the resilient spirit of a burgeoning community along the majestic Ohio River, established in 1840.Nestled on a 1.5-acre lot near downtown New Albany and Louisville, this iconic 1839 Federal style home, referred to by many as 'Rabbit Ridge,' stands as a pinnacle of historic grandeur. Originally built by Charles Dowerman during the steamboat-building era, this estate has been lovingly restored with character and charm. This home features antique multi-paned windows from an old shopfront in Louisville's West End, while ornate wood paneling recycled from an old church confessional adorns one of the bedrooms. In the summer kitchen, a stunning blend of stained glass windows sourced from St. Mark's church in New Albany and the Dane house in Louisville add a distinctive touch, harmonizing two distinct histories. This remarkable property is ideal for an investor as it is an established and successful Air B&B business. With no immediate neighbors on either side, it is the perfect place to host large groups and can double as a beautiful event space. Guests love the updated kitchen with a large island and the large classic dining room featuring a custom-built armoire. The large formal living room, seamlessly flows into an office/den with exposed wood beams that were salvaged from an old barn on the property.The summer kitchen boasts elegant stained glass windows and a loft area. Ascend the split staircase to discover a pub room with a wet bar and three bedrooms adorned with built-in wardrobe armoires, a covered balcony, and two full bathrooms. The home further boasts four mantled fireplaces, antique fixtures, molding, high ceilings, large windows, and hardwood floors. A detached three-car garage complements the expansive 1.5-acre grounds, providing both space and privacy.Discover the allure of 'Rabbit Ridge' and its blend of history and modern comfort. Call today to embark on a private tour and immerse yourself in the timeless charm and potential this historic estate holds.