According to The Landmark, McLean Hospital of Belmont intends to purchase Princeton's much-admired historic Inn, Fernside, if it receives approval from the Town's Planning Board to convert the Inn into a residential rehabilitation and education center for patients who are in the process of recovering from substance abuse-related problems.
Fernside, located on Mountain Road, not far from Wachusett Mountain, has been on the market since September, 2003, when it was initially listed at $2.2 million. It was subsequently reduced to $1.99 million when it was relisted in September 2004, andwas reported as having been put provisionally under agreement earlier this fall.
The Landmark reports that there will be no structural changes to Fernside, and that McLean anticipates that the facility will accommodate no more than 10 clients at any given time.
Princeton's Planning Board is expected to rule on McLean's application within the next two months.
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