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California Outdoor Hospitality/Glamping Development + Event Venue For Sale

Kern County, California - South, US
Asking Price:
$2,500,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

The Lodge at Painted Rock is a picturesque 67.5-acre outdoor hospitality property along the scenic Kern River in California's Sierra Nevada which has been operated as a premier Western-style event center. It has now received approved entitlements to operate as a year-round destination retreat and is just awaiting a buyer to add the overnight accommodations according to their own specifications. Infrastructure has already been completed in several areas on the property to allow quick addition of modular cabins or glamping accommodations to meet the high demand for drive-to vacations in nature.

The property currently contains a spectacular 7,200 square-foot timber lodge used as a community event and dining center, and also boasts outdoor event areas such as a pond-side wedding trellis, expansive lawn, and dramatic staircase. Landscaping, electrical and security systems have been completed within the main public areas of the property. Septic, water, and fire systems have been pre-built for adding the accommodations. In place are graded roads throughout the property, parking lots, and an emergency helipad. The full perimeter of the property has been fenced. An adjacent 2-bedroom/2-bath rental house/manager's residence is available for separate purchase.

The property holds a fully approved conditional use permit for a retreat with 50+ lodging accommodations, with the ability to make changes to quantity or type by amendment to the existing permit. Recreational facilities such as a pool, fitness center, amphitheater, and horse corral/riding trails have been pre-approved and could be added if and when the buyer desires. Changes and expansion to the property can be made in phases as needed with no deadlines for final completion.

Because of its advantageous southern location in the Sierra Nevada mountain range, the Lodge is within a 3- to 4-hour drive for 22 million people in Southern California and is only 2-1/2 hours from Los Angeles. It is well-positioned to meet the demand of this large metropolitan market for socially distanced retreats and unique family experiences that only natural surroundings can provide.

The Wild and Scenic Kern River flows through the property and the Lodge is just two miles from Lake Isabella, one of the largest freshwater lakes in California. It is a perfect location for sports and nature enthusiasts to enjoy whitewater rafting/kayaking, fishing, windsurfing/sailing, horseback riding, mountain biking, and hiking. In addition, cattle ranching, rodeos, and gold prospecting are still active in the area so visitors can enjoy traditional Western culture. For a video review of the sports and activities in the Kern River Valley, see www.youtube.com/watch?v=-WVTh4rFfPs.

The owners are retiring and are seeking a buyer capable of taking the property to the next level. It is privately held, so they are able to negotiate sales terms and conditions to meet individual buyer needs. Site visits to the property are encouraged; in the interim, a drone video of the location can be viewed at https://vimeo.com/476092351.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Adjacent 2-bedroom, 2-bath rental house/manager's residence on an additional 2.5-acre parcel is available for separate purchase for 70 total acres in a combined sale with the Lodge property. Current assessed value of the house and its land parcel: $330,000.

Location:

67.5 acres of private property surrounded by Bureau of Land Management's Keyesville Recreation Area in the foothills of the southern Sierra Nevada gold country

Premises Details:

See drone video at https://vimeo.com/476092351

Size in square feet:
7200 sq. ft. timber event lodge
Planning Consent:

Yes, the Lodge property comes with approved entitlements/permitting in the Recreational-Forestry Zoning District as a 50+unit destination retreat in addition to the current certificate of occupancy to operate as an event center.

Business Operation

Expansion Potential:

Extensive entitlement process has already been completed and the Lodge now holds a fully approved conditional use permit (CUP) to become a destination retreat with 50+ overnight accommodation units or sites. Most infrastructure is already in place; a buyer just needs to add the lodging units to reap the financial rewards.

Competition / Market:

There is no other upscale glamping resort or combination indoor/outdoor event center in the area

Reasons for selling:

Owners are retiring

Years established:
Not currently being operated as an event center; cannot schedule future weddings/events due to expected sale.

Other Information

Financing available:

Some owner financing may be considered

Furniture / Fixtures value:
$200,000 (USD)
Website:
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