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480 Cottage Grove Road, Lake Arrowhead, CA 92352

Commercial property · 3 recorded sales since 2019

480 Cottage Grove Road, Lake Arrowhead, CA 92352 Sold March 2024 CRMLS
$3,580,000Sold March 2024

Listing Agent: Kelli Vanevenhoven (DRE #01062860) · Listing Office: COLDWELL BANKER BLACKSTONE RTY · Contact: 909-945-2822 · Bought with: Kelli Vanevenhoven · COLDWELL BANKER BLACKSTONE RTY · MLS #CV23190625 · Source: CRMLS

24,112
Building Sq Ft
306,227 sqft
Lot Size
1969
Year Built
SPEC
Zoning
Commercial property
Type

About this commercial property

INVESTOR'S DREAM, PRICED TO SELL! STORMS CAUSED MAJOR SNOW DAMAGE TO THE MAIN HALL, "AS-IS Sale and reduced $2M to reflect damage PLUS THE BUYER IS TO RECEIVE INSURANCE FUNDS TO RENOVATE!! INQUIRY WITHIN!!! Rare Opportunity to own a potentially lucrative conference center with most of the heavy expenditures already done, including but not limited to: Drain lines, gas lines, electrical, extensive lighting, including LED lit pathways, running water features, some brand new roofs, new AC units, new flooring, freshly painted interior and exteriors with new trim, and so much more! Most of the Cabins were recently renovated and decorated to a tee! This unique property has many potential uses: Church Retreats, Sports Camps, Wedding Venues, Educational Retreats, Business Conferences, Special Needs Camps, Conference Retreats, Air BNBs, and more. The expansive property consists of four (4) main buildings, twenty-five (25) Cabins with all new baths, wood laminate flooring, and freshly painted interior and exterior with most being fully furnished and designed. Remodeled Dorm building, Conference Center/Dining Hall/Industrial Kitchen (where the damage is), Chapel, and Pool House. The front doors to the dorms have been replaced and several windows have been installed. Six of the cabins adorn cozy fireplaces. The campgrounds have been further improved and finished with extensive hardscaping, new concrete pads, and quaint walkways that lead to the cabins and a nice large fire ring. The balance of the site is utilized for campground and recreational uses. The facility has a fenced and gated pool area that includes a below ground swimming pool and Jacuzzi. The main amphitheater that has recently been upgraded with concrete block and stone hardscaping and two fire pits on different levels. Stunning new ornate gates allow for a dramatic entry that leads through the grandeur of the towering pines to an expansive upper outdoor venue (perfect for weddings). Large platform, equipped with a food service area and featuring extensive lighting, LED lit pathways and ready for streaming lights. Brand new concrete block retaining walls and new drains help to keep this a great venue year round! Don't miss the outdoor amphitheater that is sure to draw a crowd.

Listing description from the March 2024 sale, as reported to CRMLS.

Sale history

$3,580,000
Sold March 2024 · listed $3,900,000, on market October 2023 · MLS #CV23190625 · Source: CRMLS
Listing Agent: Kelli Vanevenhoven · Listing Office: COLDWELL BANKER BLACKSTONE RTY · Contact: 909-945-2822 · Bought with: Kelli Vanevenhoven · COLDWELL BANKER BLACKSTONE RTY
$2,600,000
Sold October 2019 · listed $3,000,000, on market November 2018 · MLS #EV18283321 · Source: CRMLS
Listing Agent: DETER HEUSER · Listing Office: COLDWELL BANKER SKY RIDGE RLTY · Contact: 909-336-2131 · Bought with: General NONMEMBER · NONMEMBER MRML
$2,600,000
Sold October 2019 · listed $3,000,000, on market November 2018 · MLS #RW2182122 · Source: CRMLS
Listing Agent: DETER HEUSER · Listing Office: COLDWELL BANKER SKY RIDGE RLTY · Contact: 909-336-2131 · Bought with: Andrew Mastro · RE/MAX LAKESIDE
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