New Owners of Magnolia Inn Take Over

Charlene McKay fell in love with the Magnolia Inn on a stroll through Pinehurst during a girls’ golf weekend in March.

“It’s such a beautiful building in an amazing location,” McKay said Monday, less than a week after buying the inn out of foreclosure with her husband, Dan. “We’re looking forward to reopening it and making it exciting again.”

First, they have to get settled in their Pinehurst rental house, enroll their 15-year-old son, Daniel, at Pinecrest High School and familiarize themselves with the Sandhills — after moving across the country from Westlake Village, Calif.

“It’s been a whirlwind, but Charlene and I are fairly decisive,” Dan said. “We were able to do a pretty decent analysis after the inn went on the market. We crunched the numbers for a couple of weeks and determined there was good potential. Generally speaking, there was nothing terribly wrong with this business.”

The 8,000-square-foot inn has a tax value of $1.675 million, was listed at $1.275 million, and sold for less than the list price.

“We made an offer while we were here in June and got an answer before we left,” Dan said. “We had 45 days to do the inspections and we closed on Aug. 4. Trust me, selling our house in California was a much bigger pain than this deal.”

The McKays had been looking for 18 months for a “project” that would complement the boutique Little Bay Hotel that Charlene owns on the south coast of Barbados.

“We would not be doing this without that experience,” said Dan, who met Charlene two decades ago while dining at the restaurant at Little Bay Hotel.

Charlene, who cut her teeth in the hospitality industry waiting tables in high school, said they had already passed on an opportunity in Florida.

“It just didn’t feel right down there,” she said. “We just fell in love with the Magnolia Inn and the thought of running a business here.”

The McKays, who are both Canadian, added that the quality of life in Moore County played a large role in their decision, especially with their son starting high school this fall.

“It felt like a great place to live,” Dan said. “We’ve been very impressed with everything. Everyone in the village has been tremendously helpful. It all mattered in making this decision.”

The inn includes a restaurant and pub on the ground floor, with five guest rooms on each of the upper floors. The guest rooms, each of which has a private bathroom, combine 19th century Victorian charm with the comfortable atmosphere of the South.

Dining In Barbados - News


New Owners of Magnolia Inn Take Over

would complement the boutique Little Bay Hotel that Charlene owns on the south coast of Barbados. “We would not be doing this without that experience,” said Dan, who met Charlene two decades ago while dining at the restaurant at Little Bay Hotel.



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Daniel Pape Oh fuck! There'll be no more "Dining Stars" either. Unless he does a version in Barbados?


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