Four months after hitting the market, a onetime lodging spot in the Fan is now the permanent home for a longtime resident of the neighborhood.
Brian Frank, president and founder of the local tech firm SkyFoundry, is the new owner of the former Grace Manor Inn, an 8,000-square-foot building at 1853 W. Grace St.
Frank purchased the property this month for $1.1 million. It was listed in April with an asking price for $1.14 million and was marketed as a single-family residence, despite a permit that would have allowed it to remain a bed and breakfast.
“It’s just a bigger house for my family,” Frank said. “It’s a pretty cool property with a pool.”
Frank, 44, and his family have already moved in to the West Grace Street property. He has lived in the Fan since 1996, most recently at a home he bought in 2002 at 1513 Hanover Ave. He sold that property for $960,000 to John and Jennifer Grogan on Aug. 5, the same day the deal closed for his new place.
Frank said he had been thinking of getting a bigger home, but in June saw the Grace Manor Inn property.
“It was kind of spur of the moment,” he said, adding it was one he felt he had to seize. “It’s kind of an unusual property for the Fan to have such a big side yard, a pool, and a carriage house.”
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