When Jim and Nora Furey bought this 2,880-square-foot Shelter Island home "on a whim" in 1980, they dived headfirst into the bed-and-breakfast business. Soon after closing on the nine-bedroom home with three full baths and a half-bath — which is now listed for $1.25 million — they had a Memorial Day wedding on the calendar.

“We had to furnish the whole place in six weeks,” Nora says.

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From 1980 until they closed their doors in 1986, the couple hosted more than 3,000 guests from Memorial Day to Columbus Day, continuing a long tradition of hospitality at the address. Belle and Edith Bowditch first operated a boardinghouse at the property, says listing agent Penelope Moore of Saunders & Associates Real Estate.

“The house has really great vibes, especially on a sunny day. It’s been a very happy house. We’ve had wonderful, wonderful groups there,” Nora says.

A walkway on the 0.75-acre parcel leads to the front door and stoop of the residence, which includes a sitting area and an original pull doorbell. The exterior is finished in a creamy white with red trim; unusual, bright colors are found throughout the home.

Inside, many doors, banisters and much of the flooring is original, Moore says; upstairs, in one of the bedrooms, “EDIE — August 3, 1872” is etched into one of the window panes.

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A first-floor master suite was originally the bed-and-breakfast owner’s suite, and currently contains a living room, a bedroom and a full bath that opens to the property. A sitting room has sufficient plumbing to be finished as a wet bar or kitchenette.

The home’s living room is next to the dining room with exposed wood beams, a butler’s pantry and full bath. To its rear, a kitchen has a back staircase, large porcelain sinks, a walk-in pantry, and two doors to the rear deck and garden.

There is an in-ground, vinyl-lined swimming pool in the fenced-in backyard, which has a deck with retractable awning, grassy lawns and established plantings.