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The Lucerne Castle 3700 Country Club Dr 68 Room Hotel Lucerne, CA 95458 $2,995,000 ($44,044/Room)

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INVESTMENT HIGHLIGHTS

  • 66 bedrooms with bathrooms and closets
  • Commercial kitchen and batrooms
  • 4 conference/class rooms

EXECUTIVE SUMMARY

The Lucerne Castle/ New Paradigm College
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, veterans housing, museum & more. Short term seller finance available.

PROPERTY FACTS Under Contract

Price $2,995,000
Price Per Room $44,044
Sale Type Investment or Owner User
Property Type Hospitality
Property Subtype
Hotel
  • Specialty Schools
Building Class B
Lot Size 6.57 AC
Building Size 53,729 SF
No. Rooms 68
No. Stories 4
Year Built 1928
Parking Ratio 0.13/1,000 SF
Corridor Interior
Zoning PCD - Planned Commercial Development

AMENITIES

  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 68 $154.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 034-867-050-000
  • 034-867-040-000
  • 034-867-060-000
  • 034-182-040-000
  • 034-182-030-000
Land Assessment
$290,962
Improvements Assessment
$3,067,644
Total Assessment
$3,358,606
  • Listing ID: 32234969

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 3700 Country Club Dr, Lucerne, CA 95458

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