This distinctive period property offers a remarkable opportunity for renovation and investment, situated in an elevated position above the picturesque seaside town of Ilfracombe. Originally constructed in 1872, this Gothic mansion has been partially renovated but presents further potential for enhancement and development, particularly with its extensive space and diverse layout. Currently functioning as a wellness hotel, the property boasts eleven bedrooms—all with en suite facilities—a spacious commercial kitchen, and multiple reception areas designed for hospitality use. The hallmark features of high ceilings, original cornicing, and large windows remain intact, complemented by modern improvements such as a new heating system and upgraded terraces. Potential exists to expand its current uses or transform parts of it into self-contained apartments or additional guest accommodations, subject to relevant consents. The expansive gardens surrounding the property provide ample outdoor space while offering spectacular views over the coast. A sizable outbuilding on site presents further avenues for development or conversion into separate living quarters or amenities for guests. Given its unique character and strategic location near local amenities and scenic coastal paths, this home represents a compelling opportunity for those looking to invest in property that combines historical charm with modern versatility.