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54420 S Circle Drive

Idyllwild, CA 92549
  • $1,475,000
  • STATUS: Active
  • ON SITE: 62 days
  • MLS #: 219060305
UPDATED: 79 min ago
$1,475,000
  • 6
    BEDS
  • 0.64
    ACRES
  • 7
    BATHS
  • 1
    1/2 BATHS
  • 5,800
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Information

High School:
School District:

Description

An opportunity to own one of Idyllwild's premier hotel properties is now available. The Rainbow Inn has a highly successful 25-year history with 16 years under the current owner. This upscale Bed and Breakfast Inn features 5 beautifully appointed guest rooms, 3/full, 3/.75 and 1/.5 Baths, several fireplaces, large indoor event spaces, expansive decks and patios, spacious grounds with fruit trees, 2 kitchens and an owner's quarters with .75 Bath. Set amid .64 forested acres along Strawberry Creek the Inn is a stone's throw from Idyllwild's entertainment, dining and shopping venues, offering close access to the town's many tourist attractions. The Inn comes fully furnished and includes existing guest and wedding bookings into 2022. So much potential exists to more fully expand business volume at the property for events and guest rooms as the Inn has been operated at approximately 50% occupancy. Being zoned R3A, this property also offers many other possibilities, including, but not limited to a retreat center, retirement facility or large family home. Seller will consider carrying paper for any well qualified buyer with a substantial down.

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©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Agency Inc. Based on information from the California Desert Association of Realtors as of 2021-06-13T17:35:28.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.haciendagroupinc.com/homes/116004624
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54420 S Circle Drive Idyllwild, CA 92549

  • Price: $1,475,000
  • Status: Active
  • Updated: 79 min ago
  • MLS #: 219060305
6
Beds
7
Baths
1
½ Baths
0.64
Acres
5,800
SQFT
$254
$/SQFT
1990
Built
Neighborhood:
Not Applicable
County:
Riverside
Area:
222 - Idyllwild
High School:
Hemet
School District:
Hemet Unified School
Property Description
An opportunity to own one of Idyllwild's premier hotel properties is now available. The Rainbow Inn has a highly successful 25-year history with 16 years under the current owner. This upscale Bed and Breakfast Inn features 5 beautifully appointed guest rooms, 3/full, 3/.75 and 1/.5 Baths, several fireplaces, large indoor event spaces, expansive decks and patios, spacious grounds with fruit trees, 2 kitchens and an owner's quarters with .75 Bath. Set amid .64 forested acres along Strawberry Creek the Inn is a stone's throw from Idyllwild's entertainment, dining and shopping venues, offering close access to the town's many tourist attractions. The Inn comes fully furnished and includes existing guest and wedding bookings into 2022. So much potential exists to more fully expand business volume at the property for events and guest rooms as the Inn has been operated at approximately 50% occupancy. Being zoned R3A, this property also offers many other possibilities, including, but not limited to a retreat center, retirement facility or large family home. Seller will consider carrying paper for any well qualified buyer with a substantial down.
Exterior Features

Entry Floor Number 1 Entry Location Ground Level W/Steps Exterior Construction Other Gated Community No Levels Two Other Structures Accessory Bldgs Parking Driveway Patio Features CoveredOther Paved No Roofing Composition Total Carport Spaces 0.00 Total Covered Spaces 0.00 Total Parking Spaces 0.00 Total Uncovered Assigned Spaces 0.00 View Yes View Type Creek/StreamTrees/Woods

Interior Features

Appliances DishwasherDisposalDryerGas OvenGas RangeGas/Elec Dryer HookupRefrigeratorWasher Cooling Type Air Conditioning Fireplace Yes Fireplace Features Free StandingWood Stove Insert Fireplace Location Game RoomOther Flooring CarpetVinylWood Heating Forced AirWall FurnaceWood Stove Heating Fuel Propane GasWood Rooms BarDining AreaFormal Entry Total Fireplaces 6

Property Features

Disclosures None Elevator No Land Type Fee Simple Listing Terms CashConventionalOwner Will Carry Other Schools IDY K-8Isomata Other Structural Features Balcony Pool No Property Attached Detached No Sale Type Standard Security Safety Other Senior Community No Sewer In Street Paid Spa Hot Tub No Tax Mello Roos No Tv Services Cable TvTv Satellite Dish Type Of Business Bed And Breakfast Water Water District Water District Name Idyllwild Water District Water Heater Yes

Listing information © 2021 California Desert Association of Realtors.
Listing provided courtesy of Dora Dillman of Idyllwild Realty.
©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Agency Inc. Based on information from the California Desert Association of Realtors as of 2021-06-13T17:35:28.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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