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54620 North Circle Drive dr - Hotel Idyllwild 0.75 Acres of Commercial Land Offered at $1,250,000 in Idyllwild-Pine Cove, CA 92549
INVESTMENT HIGHLIGHTS
- Fully Approved for 12 Hotel Units
- Existing Managers Unit That Can Be Rented as a Hotel Villa
- Located in the Heart of Downtown Idyllwild
EXECUTIVE SUMMARY
• Entitled Plot Plan (PPT190033) for 12 room hotel with swimming pool. This includes all necessary Environmental Impact reviews, Archaeology, Paleontology, Oak Tree Mitigation and Biological Reviews. Approved and Issued by County of Riverside.
• Although approved as a hotel, there are other potential uses that would likely be approved utilizing the existing site plan/footprint under the current zoning.
• Issued Grading Permit (BRS 9999999) and corresponding Retaining Wall Permit (BWL 9999999) necessary to complete project footprint (site pad, parking, swimming pool etc.) Permit is issued, construction can begin now.
• Hotel plans received preliminary approval during plot plan process. These plans are complete and are fully engineered structural/mechanical and ready for final submittal prior to start of construction.
• Phase 1 complete, Innkeepers Cottage (potential Villa Unit) built in 2024. 1 bed, 1 bath, office and large back deck. Matching storage shed.
• Preliminary infrastructure in place to include 1.5” water meter and 6” sewer tie in.
• Concrete and wood perimeter wall on sides of both sides of property.
• BONUS: 60 gpm water well! Potential public use (50 foot concrete seal). New pump system and water tested no impurities. 500 feet deep, probable aquifer after going through 75 feet of bedrock. Endless possibilities with virtually unlimited pure mountain water.
• Domain names “thehotelidyllwild.com” and “hotelidyllwild.com” included as well as Riverside County FBN “The Hotel Idyllwild”.
PROPERTY FACTS
| Price | $1,250,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.75 AC |
| Price | $1,250,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.75 AC |
1 LOT AVAILABLE
Lot
| Price | $1,250,000 | Lot Size | 0.75 AC |
| Price Per AC | $1,666,666.67 |
| Price | $1,250,000 |
| Price Per AC | $1,666,666.67 |
| Lot Size | 0.75 AC |
• .75 acre commercial zoned, partially developed lot located in heart of Idyllwild. 2 minute walk to downtown Idyllwild. • Entitled Plot Plan (PPT190033) for 12 room hotel with swimming pool. This includes all necessary Environmental Impact reviews
DESCRIPTION
• .75 acre commercial zoned, partially developed lot located in heart of Idyllwild. 2 minute walk to downtown Idyllwild. • Entitled Plot Plan (PPT190033) for 12 room hotel with swimming pool. This includes all necessary Environmental Impact reviews, Archaeology, Paleontology, Oak Tree Mitigation and Biological Reviews. Approved and Issued by County of Riverside. • Although approved as a hotel, there are other potential uses that would likely be approved utilizing the existing site plan/footprint. • Issued Grading Permit (BRS 9999999) and corresponding Retaining Wall Permit (BWL 9999999) necessary to complete project footprint (site pad, parking, swimming pool etc.) Permit is issued, construction can begin now. • Hotel plans received preliminary approval during plot plan process. These plans are complete and are fully engineered structural/mechanical and ready for final submittal prior to start of construction. • Phase 1 complete, Innkeepers Cottage (potential Villa Unit) built in 2024. 1 bed, 1 bath, office and large back deck. Matching storage shed. • Preliminary infrastructure in place to include 1.5” water meter and 6” sewer tie in. • Concrete and wood perimeter wall on sides of both sides of property. • BONUS: 60 gpm water well! Potential public use (50 foot concrete seal). New pump system and water tested no impurities. 500 feet deep, probable aquifer after going through 75 feet of bedrock. Endless possibilities with virtually unlimited pure mountain water. • Domain names “thehotelidyllwild.com” and “hotelidyllwild.com” included as well as Riverside County FBN “The Hotel Idyllwild”.
PROPERTY TAXES
| Parcel Number | 563-264-012 | Improvements Assessment | $238,884 |
| Land Assessment | $278,876 | Total Assessment | $517,760 |
PROPERTY TAXES
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54620 North Circle Drive dr - Hotel Idyllwild
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