397 Monterra Dr - Hospitality FOR SALE


Port Angeles, WA 98362
$1,795,000 USD
206-909-3314
397 Monterra Dr, Port Angeles, WA for Sale
$1,795,000 USD
Hospitality - FOR SALE
1/36
null | Request Cap Rate

397 Monterra Dr
Port Angeles, WA 98362


HIGHLIGHTS

  • Spectacular Waterfront Cliff - 130' Above Beach
  • Separate Detached Owner's Residence
  • Established Successful Business Since 1998
  • Close Proximity to Entrance of Olympic National Park
  • Award-Winning B & B - AAA & Trip Advisor
  • Training is Available for New Buyer

OVERVIEW

Perched high above the Strait of Juan de Fuca on the breathtaking Olympic Peninsula, this award-winning seaside inn is more than a waterfront property - it is an unforgettable destination. Just 20 minutes from Hurricane Ridge and the Olympic National Park, the setting captures the essence of Pacific Northwest beauty with sweeping water views, enchanting grounds, salt air and unforgettable sunsets. Purpose-built as a successful bed and breakfast, the property offers 6,639 interior square feet with 8 bedrooms and 8 baths. The main residence features 6 bedrooms and 6 baths blending timeless craftmanship with warm hospitality. Intricately carved antiques, inviting gathering spaces, and water views from every guest room create an atmosphere both elegant and welcoming. French doors open from the living and dining rooms to an expansive covered porch & sunny patio overlooking the sea. The spacious kitchen, w/abundant cabinetry and workspace, serves as the hub for preparing memorable breakfasts and entertaining guests. Guest suites include a romantic retreat with a fireplace and another with stunning views and a jetted tub. Adding flexibility and income potential, the detached 2-bedroom, 2-bath residence with exquisite floor-to-ceiling windows is ideal for Airbnb, owner's quarters, or long-term rental. Recent improvements of $180,000 include a new roof, remodeled master bath, new half bath, 2 new heat pumps and fresh exterior paint. This property also lends itself to beautifully to multi-generational living with so many options of bedrooms and bathrooms. A rare opportunity where hospitality, investment potential and coastal beauty meet in spectacular fashion. This bed & breakfast has been successful for 28 years and is Rated #1 or #2 on the Peninsula for several years and is Tripadvisor's 2020 Traveler's choice Winner!

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$222 USD /SF

# OF ROOMS

5

PRICE/ROOM

$359,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sea Cliff Gardens Bed & Breakfast

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

11

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

R5

APN/PARCEL ID

34931

ASK ABOUT THIS PROPERTY

Mark PeizerPeizer Commercial Real Estate, LLCMore Info
206-909-3314

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Mark PeizerPeizer Commercial Real Estate, LLCMore Info
206-909-3314

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