Listing ID : CRPI22052524
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Beds
6 -
Baths
6/1 -
Garage
1 -
Structure / Lot Size
4,500 Sqft / 1.0331 Acre -
Year
1887
Description
This home is currently a Historic Victorian style boutique hotel on one acre. It can easily be a large family home or a 6 room AirB&B. Over the past 20 years, Seller has invested heavily into the property, realizing a vision that maximizes available square footage for room revenues while expanding the grounds into a beautiful wedding venue, generating significant revenues and profits in addition to the hotel itself. The hotel has a combination of 6 rooms and suites, each with its own bathroom. A shared common lobby / breakfast area allows guests to relax beyond their private hotel room. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. The freehold real estate is included in the purchase price, which is located in a quickly gentrifying downtown area in the path of tremendous progress. Located conveniently near wineries, beaches, and several downtown areas, the hotel attracts guests from San Francisco and Los Angeles alike, as well as national and international travelers visiting the Central California Coast. Multi-family zoning 20 units per acre. Seller has plans for 6 condos on acre which will not impact the existing hotel operation. Perfect opportunity for a boutique hotelier expansion to the Central Coas
Details
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Area Information 93444
Population:
50.25%Female
27.58%Rented
7.06%Vacant
8.31%Associate
20.2%Bachelor
9.93%Graduate
History
Date | Transaction | Price | Mortgage Amt & Lender |
Date
May 13, 2017
|
Transaction
Sold - ResidentialCRPI1005647
|
Price
$537,000
|
Mortgage Amt & Lender
-
-
|
Date
May 13, 2017
|
Transaction
Sold - ResidentialCRPI981987
|
Price
$370,000
|
Mortgage Amt & Lender
-
-
|
Date
May 13, 2017
|
Transaction
Sold - ResidentialCRPI981987
|
Price
$370,000
|
Mortgage Amt & Lender
-
-
|
Date
Jul 24, 2015
|
Transaction
Expired - ResidentialCRPI119358
|
Price
$1,499,000
|
Mortgage Amt & Lender
-
-
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