67254 Highway 299 E
Cedarville, CA 96104
Surprise Valley Geothermal Development · Land For Sale · 1,182.00 AC

This is a rare chance to acquire a grid-connected, utility-scale geothermal development platform alongside a profitable, operating geothermal resort, all set on roughly 1,182 acres in Northeastern California. What makes this asset stand out is the combination of immediate cash flow from the hospitality side and long-term upside from renewable energy development. The geothermal resource has already been validated, and existing transmission access is in place, which helps remove a lot of the usual early-stage uncertainty. The resort itself has 22 rooms, each with private mineral baths, and benefits from geothermal heating that keeps operating costs low while generating steady revenue today.
On the energy side, the property already has access to approximately 20 MW of transmission capacity, significantly reducing interconnection risk and shortening the path to development. The geothermal resource has been studied by GeothermEx, with test wells and technical work supporting the potential for commercial-scale power production. As a baseload renewable resource, geothermal offers continuous, around-the-clock generation with a high capacity factor—an increasingly scarce and valuable profile as power markets prioritize reliability.
Much of the early development risk has already been addressed through existing infrastructure, including roads, wells, and on-site systems, as well as the proven, real-world use of geothermal energy through the resort’s ongoing operations. The scale of the land—approximately 1,182 contiguous acres—supports an initial development of around 20 MW, with clear room for expansion over time. It’s uncommon to see stabilized commercial operations and utility-scale energy development sharing the same geothermal resource, and the resort’s performance helps demonstrate the reliability and long-term sustainability of the asset.
Overall, this offering brings together stabilized hospitality income, a more de-risked energy development profile, and the opportunity to build a scalable, infrastructure-grade geothermal platform, with potential for a geothermal–solar hybrid approach. Financials for the resort, along with technical reports and resource studies, are available upon execution of an NDA.