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Wellness/fitness Retreat Development + Event Venue In California For Sale

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

OVERVIEW:

The Lodge at Painted Rock is a picturesque 67.5-acre 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 development 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/cottages or other lodging rooms to meet the high demand for drive-to retreats and experiential vacations in nature.

This peaceful hideaway fosters wellness and rejuvenation, and as such, is an ideal location for hospitality and recreational uses that emphasize nature, health and fitness, outdoor sports and training, special events/meetings, and learning activities.


COMPLETED IMPROVEMENTS & INFRASTRUCTURE:

The property currently contains a spectacular 7,200 square-foot timber clubhouse used as a premier 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.


GOVERNMENT APPROVALS IN PLACE:

The property holds a fully approved conditional use permit for an upscale retreat with 50+ lodging accommodations, with the ability to make changes to quantity or type of lodging 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.


HIGH DEMAND FROM METRO AREAS:

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 rejuvenating experiences that only natural surroundings can provide.


UNLIMITED RECREATION, SPORTS, TOURISM ACTIVITIES:

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 and boating, horseback riding, hiking, mountain biking, and snow skiing. In addition, the 'Old West' lifestyle of cattle ranching, rodeos, Native American lore, and gold prospecting are still active in the area so visitors can experience traditional Western culture. The nearby Sequoia National Monument boasts hundreds of giant Sequoia trees and innumerable mountain trails for hiking and rock climbing. For a video review of the sports and activities in the Kern River Valley, see www.youtube.com/watch?v=-WVTh4rFfPs.


SALES OFFER:

The owners are retiring and are seeking a buyer capable of taking the property to the next level. The property 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.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Adjacent 2-bedroom, 2-bath manager's residence/rental house on an additional 2.5-acre parcel is available for the separate purchase price of $300,000 which would add to a total of 70 acres in a combined sale with the Lodge property.

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 mountain range

Premises Details:

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

Size in square feet:
7,200 sq. ft. timber event clubhouse
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+ lodging rooms or modular cabins/cottages to previously prepared areas. 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 lodging retreat or combination indoor/outdoor event center in the area, yet there is a high demand from the Southern California metro areas for this type of facility in a secluded natural 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:

Limited owner financing may be considered

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