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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,995,000

Est. payment - /mo

7.17 Acres Lot

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID LC23083319

HOA Y/N No

Year Built 1928

Lot Size 7.170 Acres

Property Sub-Type Hotel/Motel

Property Description

Historic landmark resort hotel building near the shore of Clear Lake with panoramic views on 7+ acres /9 parcels. 53,000 sf. A partially remodeled and restored castle, with a grand lobby, 4 floors, 7 conference/ classrooms, 4 commercial bathrooms, all fully remodeled, commercial kitchen with so much potential once remodeled, 66 additional bedrooms each with bathrooms and a closets, beautiful spiral staircase leads you to 2 large tower offices and so much more... A unique investment opportunity full of possibilities including educational or research facility, retreat center, corporate campus, nursing home, museum & more. Short term seller finance available: $1 million down, balance at 5.99% over 3 years, interest only payments.

Location

State CA

County Lake

Area Lcluc - Lucerne

Rooms

Other Rooms Living Quarters

Interior

Heating Central, Fireplace(s), Propane, Wood

Cooling Central Air

Fireplace No

Laundry Common Area, Inside

Exterior

Fence None

Utilities Available Electricity Available, Electricity Connected, Propane, Sewer Available, Sewer Connected, Water Available, Water Connected

Waterfront Description Across the Road from Lake/Ocean

Roof Type Other,Shingle

Present Use Commercial

Building

Lot Description 6-10 Units/Acre, Gentle Sloping, Level, Value In Land

Story 4

Water Public, Well

Additional Building Living Quarters

Others

Tax ID 034182040000

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Owner Will Carry

Listing Terms Cash, Cash to New Loan, Owner Will Carry

Special Listing Condition Standard

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Listed by Timothy Toye Timothy Toye and Associates 707-928-6900, DRE #01182874

NEARBY SCHOOL & BUSINESS

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3700 Country Club DR Lucerne, CA 95458