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Historic landmark resort hotel building near the shore of Clear Lake with panoramic views on 7+ acres /9 parcels. 68,000 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.
Property Type(s):
Commercial
| Last Updated | 10/19/2024 | Year Built | 1928 |
|---|---|---|---|
| Community | Lucerne | County | Lake |
Price History
| Prior to May 26, '23 | $3,450,000 |
|---|---|
| May 26, '23 - Jul 28, '24 | $3,295,000 |
| Jul 28, '24 - Today | $2,995,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lucerne |
| CONSTRUCTION | Brick, Concrete, Other, Wood Siding |
| HEAT | Central, Fireplace(s), Propane, Wood |
| LOT | 7.17 acre(s) |
| LOT DESCRIPTION | 6-10 Units/Acre, Gentle Sloping, Level, Value In Land |
| STORIES | 4 |
| UTILITIES | Electricity Available,Electricity Connected,Propane,Sewer Available,Sewer Connected,Water Available,Water Connected, Electric: Standard |
| WATER | Public,Well |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Across the Road from Lake/Ocean |
Location
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Listed with Timothy Toye and Associates
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