The historic Edgartown Inn has been sold to Milton-based real-estate investor and hotelier Charles C. Hajjar for $5 million.

The Inn, nestled on North Water street near the Edgartown harbor and Chappy ferry, dates back to the 18th century and has served as a favored stopping-off point for congressmen, senators, and even a president. Rooms in the main house are named for some of the Inn’s illustrious guests, such as Daniel Webster, abolitionist Charles Sumner, and John F. Kennedy. In the 19th century, Nathaniel Hawthorne spent over a year at the inn while he wrote Twice Told Tales.

The inn’s main house has 12 rooms, with two adjoining rooms in the smaller “Garden House.” Mr. Hajjar’s purchase contains both structures, located respectively at 56 and 60 North Water street.

Chappaquiddick resident Earle Radford, originally from Kansas City, Mo., purchased the inn in 1975 and supervised its operation as a quaint, Victorian-styled bed-and-breakfast until his death in 2007. The inn stayed with the family for the next decade before it was sold to Mr. Hajjar. The transaction closed on Dec. 21.

Along with the newly-purchased Edgartown Inn, Mr. Hajjar owns The Richard, The Sydney, and The Christopher hotels through his firm, Hajjar Management Company. All three boutique hotels are located in the heart of Edgartown and are operated by the hotel management company Lark Hotels, which also manages the Summercamp in Oak Bluffs.