$4,200,000
$4,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
2.76 Acres Lot
SOLD DATE : 10/05/2022
Key Details
Sold Price $4,200,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22039286
Sold Date 10/05/22
HOA Y/N No
Year Built 1926
Lot Size 2.760 Acres
Property Description
Here is your opportunity to continue to grow your business in Idyllwild. Recently discovered by social media, Idyllwild is growing year after year. With limited rooms to stay in town, Silver Pines is a Staple in the community dating back to 1953 as a lodge. Located in the heart of the village next to Town Hall makes Silver Pines a desirable location. Silver Pines offers 28 rooms between the three facilities with room to add more. With built in repeat cliental and booked venues such as weddings and group events, you start earning on day one and everyday there after. The Lodge offers an owners/ managers quarters with large bedroom with vaulted ceilings, rebuilt in 2001. The Lodge has 13 rooms. The "Lodge Room" is as it was back in 1923 when the building was originally built. The Village has 12 rooms that were remodeled between 2014-2015. The Gazebo and Tee-Pee Give this property an identity of its own. Three Bears located next to the lodge was acquired in 2019 and remodeled. These 3 units are used for group retreats and on the rare occasion they are not all booked together they are rented individually. See the Website for full 3d tours. There is even a live feed of our Koi Pond!
Location
State CA
County Riverside
Area 222 - Idyllwild
Rooms
Other Rooms Living Quarters
Interior
Heating Electric, Forced Air, Floor Furnace, Fireplace(s), Propane, Wood Stove, Wall Furnace
Fireplace No
Appliance Dryer, Washer
Laundry In Kitchen, Laundry Room
Exterior
Utilities Available Cable Connected, Electricity Connected, Propane, Phone Connected, Sewer Connected, Water Connected
Waterfront Description Creek
Roof Type Composition
Total Parking Spaces 30
Building
Lot Description 2-5 Units/Acre, Corner Lot, Garden, Gentle Sloping, Landscaped, Paved, Street Level, Walkstreet
Story 2
Water Public
Additional Building Living Quarters
Others
Tax ID 565051003
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, Owner Will Carry, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Owner Will Carry, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Shane Stewart • Idyllwild Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner