In 1964 Peninsula Heritage Inc. purchased Carter House with the intention of preserving and maintaining it for future generations. In the years that followed extensive renovations were undertaken and in 1998 the Carter House Tea Room was opened for business. Since that time it has served not only as an interesting and leisurely stop for travellers and a gathering place for locals, but also a source of summer employment, allowing local students to work close to home and gain valuable experience and knowledge about their community.