Historic landmark resort hotel building near the shore of Clear Lake with panoramic views on 7+ acres /9 parcels. 53,000 sf. A partially remodeled and restored castle, with a grand lobby, 4 floors, 7 conference/ classrooms, 4 commercial bathrooms, all fully remodeled, commercial kitchen with so much potential once remodeled, 66 additional bedrooms each with bathrooms and a closets, beautiful spiral staircase leads you to 2 large tower offices and so much more... A unique investment opportunity full of possibilities including educational or research facility, retreat center, corporate campus, nursing home, museum & more. Short term seller finance available: $1 million down, balance at 5.99% over 3 years, interest only payments.
| MLS # | LC23083319 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Building Name | The Lucerne Castle/ New Paradigm College |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1928 |
| Days On Site | 1251 |
| Listing Provided By | Timothy Toye and Associates | Timothy Toye |
| SQ Feet | 53,000 |
|---|---|
| Story(s) | 4 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 7.17 |
| Water Front | Yes |
| Cooling | Central Air |
|---|---|
| Heating | Central, Fireplaces, Propane, Wood |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Other, Shingle |
|---|---|
| Security Features | Fire Sprinkler System, Smoke Detectors |
| Construction Materials | Brick, Other, Concrete, Wood Siding |
| Lot Features | Six To Ten Units Acre, Gentle Sloping, Level, Value In Land |
| Fencing | None |
| Utilities | Electricity Available, Electricity Connected, Propane, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Electric | Standard |
| State | CA |
|---|---|
| County | Lake |
| City | Lucerne |
| Zip Code | 95458 |
| Area | LCLUC Lucerne |
| State | CA |
|---|---|
| County | Lake |
| City | Lucerne |
| Zip Code | 95458 |
| Area | LCLUC Lucerne |