16302 N Woodson Dr - Sports and Entertainment FOR SALE


Ramona, CA 92065
$7,650,000 USD
760-929-9700
16302 N Woodson Dr, Ramona, CA for Sale
$7,650,000 USD
Sports and Entertainment - FOR SALE
1/3
null | Request Cap Rate

16302 N Woodson Dr
Ramona, CA 92065


OVERVIEW

Lee & Associates is pleased to present the exquisite Mt. Woodson Castle property & wedding venue. Mt. Woodson Castle is San Diego’s premier award-winning wedding venue located directly north of State Route 67 in Ramona, California. Situated on 12.41 acres, this former home was built in 1921 by famous San Diego dress designer Amy Strong and features Craftsman-style architecture. It’s picturesque grounds and stunning interior offer an abundance of breathtaking spots perfect for magical wedding moments. The venue prides it’s self as an all-inclusive event space with unique charm and elegance. Mt. Woodson Castle offers a spectacular all - inclusive package that you may customize to your liking, including choosing your ceremony and reception site. The opportunity is to purchase the existing business and real estate. The property’s approved Specific Plan - Castle Ranch Plan - allows for an additional 100 duplex structures, totaling 200 units at 400 square feet per unit and over $650,000 in Gross Annual Income from the wedding venue business and liquor sales annually. The property exists in the Castle H Ranch Specific Plan. Following the adoption of the Specific Plan in 1993, a subdivision map, major use permit for the golf course, and a site plan for a resort hotel were approved. While the residential and golf course uses have been completed, no construction has been done to the resort hotel, allowing a new operator the opportunity to add significant value to the property and business operations.

FOR SALE DETAILS

PRICE

$7,650,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mt. Woodson Resort

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.72 AC

LAND SF

336,283 SF

ZONING

9

APN/PARCEL ID

278-472-17

ASK ABOUT THIS PROPERTY

Alex GudimLee & AssociatesMore Info
760-929-9700

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Alex GudimLee & AssociatesMore Info
760-929-9700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.