790 California 2 - Residential Income FOR SALE


Wrightwood, CA 92397
$1,695,000 USD
323-573-4399
790 California 2, Wrightwood, CA for Sale
$1,695,000 USD
Residential Income - FOR SALE
1/57
null | 6.5% Cap Rate

790 California 2
Wrightwood, CA 92397


OVERVIEW

One-of-a-kind luxury mountain estate with exceptional scale and multiple revenue potential. Wrightwood Castle is a gated estate located approximately 75 minutes from Los Angeles and just minutes from Mountain High, the closest skiing resort to Los Angeles, offering various snow activities. Opportunities to acquire a property of this scale, character, and versatility are extremely limited in the Southern California mountain market. Designed with custom craftsmanship, artisan detailing, and extensive real-wood finishes, the property features 7 guest suites with private bathrooms, several with fireplaces, jetted tubs, and seating areas, along with elevator access between levels. Amenities include a spa, gym, arcade and game room, full bar, library, a formal dining room with a fireplace, a summer room with breathtaking mountain views, a living room with a cozy fireplace and grand piano, a spacious flex space suitable for use as a theater room, conference or meeting room, lounge, studio, or additional program space, and a chef’s kitchen equipped with commercial-grade appliances, all designed to accommodate large groups and extended stays. The property is also equipped with a fire sprinkler system, landscape irrigation (sprinkler) system, central vacuum system, water softening system, distributed sound system throughout, and smart locks on the main entrance and all bedrooms, enhancing safety, convenience, and operational flexibility. Outdoor areas include wraparound patios with mountain views and a large spa, while the detached six-car garage and storage spaces provide flexibility for operational support, equipment, or warehouse-style use, including e-commerce or inventory-based businesses. Because of its size, layout, and infrastructure, the property may be suitable for a variety of uses, subject to licensing and regulatory approvals, including short-term rental, luxury assisted living, senior or independent living, residential care, congregate living, sober living, wellness, spiritual or therapeutic retreats, filming and content production, or boutique and micro-event venue use. The property is offered furnished, allowing for immediate use or operation. According to ownership, constructing and furnishing a comparable property today would be estimated at approximately $2.5 million to $3 million. Buyers should independently verify all estimates. Opportunities of this scale and versatility are rare; qualified buyers are encouraged to contact the listing agent for additional details and private showings. Buyers are advised to conduct their own due diligence regarding zoning, permits, licensing requirements, allowable uses, and replacement costs.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Luxury Estate | Multi-Revenue Opportunities

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

RS

APN/PARCEL ID

0355-021-13

ASK ABOUT THIS PROPERTY

Lilit GinosyanThe Art in Real EstateMore Info
323-573-4399

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Lilit GinosyanThe Art in Real EstateMore Info
323-573-4399

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