500 Dodge Ridge Rd - Hospitality FOR SALE


Pinecrest, CA 95375
$3,000,000 USD
916-202-9784
500 Dodge Ridge Rd, Pinecrest, CA for Sale
$3,000,000 USD
Hospitality - FOR SALE
1/97
null | 14.5% Cap Rate

500 Dodge Ridge Rd
Pinecrest, CA 95375


HIGHLIGHTS

  • Consistent income
  • Fully managed and operational
  • Long time profitable resort

OVERVIEW

Pinecrest Chalet - Sierra Nevada Mountain Retreat Nestled at 5,600' in the Sierra Nevada, just 1 mile from Pinecrest Lake and minutes from Dodge Ridge Ski Resort, Pinecrest Chalet is a well-established, fully staffed mountain resort. The property includes 23 accommodations 15 chalets & townhouses with full kitchens, 8 cozy cottages, 10 RV sites and staff housing with 4 bedrooms, 2.5 baths, and a separate office. Guests enjoy a pool, creekside amphitheater, basketball court, and expansive outdoor spaces. All units are fully furnished with modern conveniences. Operating under a U.S. Forest Service permit through 12/31/2042, the property includes all business assets, improvements, structures, and furnishings, making it a turnkey opportunity. With breathtaking forest views, proximity to year-round outdoor activities, and a reputation as a Sierra Nevada landmark, Pinecrest Chalet is perfect for weddings, retreats, and family gatherings. Showings by appointment only through a licensed Realtor. Please do not contact or drive onto the property directly. All scheduled weddings and guest reservations and contracts will be honored by new owner. PROPERTY AND BUSINESS APPROVED FOR FINANCING. INQUIRE WITH LISTING AGENT.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$226 USD /SF

# OF ROOMS

23

PRICE/ROOM

$130,435 {currency}

CAP RATE

14.5%

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Pinecrest Chalet

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1952

PARKING SPACES

39

LAND DETAILS

LAND ACRES

279.74 AC

LAND SF

12,185,377 SF

ZONING

P

APN/PARCEL ID

025-250-001-000,025-250-002-000,026-050-001-000

ASK ABOUT THIS PROPERTY

Tom GonsalvesGonsalves Real Estate PropertiesMore Info
916-202-9784

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Tom GonsalvesGonsalves Real Estate PropertiesMore Info
916-202-9784

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