$3,425,000
$3,499,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed CA 95005
5.92 Acres Lot
Key Details
Sold Price $3,425,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81858092
Sold Date 02/11/22
HOA Y/N No
Year Built 1961
Annual Tax Amount $40,000
Lot Size 5.923 Acres
Property Description
Incredible opportunity to own a charming redwood cabin resort -situated on nearly 6 Acres in coveted Visitor Accommodation Zoning located in heart of San Lorenzo Valley. Prime location within short drive to Santa Cruz Coast as well as Henry Cowell & Big Basin State Parks- among others. Huge upside potential, with possibility of expanding into larger hotel or improving under-performing existing hotel/motel use. Existing operating business- Jayes Timberlane Resort- included in sale, with 10 fully equipped cabins, each with one-bedroom, one bath, studios or two-bedroom, one bath plus kitchen- each cabin is between 350-626 sqft. Additionally, owner's unit is a 4-bedroom 3-bath home with guest check-in office and detached garage.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning VA
Interior
Heating Electric, Floor Furnace, Wood Stove, Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 20
Building
Story 2
Water Public
Others
Tax ID 07827315000
Financing Conventional
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Bought with Paul Zech • Kathie L. Lorkovic, Appr.