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The Lure Resort

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Sold
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Historic Downieville
306A3613
306A3471
One mile from Downieville cradled between the North Yuba River and Secret Ridge, is one of the finest vacation lodges in all of the Sierra’s. The Lure Resort & Slate Castle Ranch represent a once in a lifetime opportunity by way of a Special Use-Permit, that without, development would be impossible. Offering includes 8 re-imagined cabins + 8 camping cabins (16 total), world class event center, employee living quarters and an office. INVESTORS take note, significant upside/value-add opportunity exists.

Recent upgrades & property background:New state approved water system and multiple natural springs provide an abundance of on site water. Rehabilitation of property wide spring irrigation system (25,000+ gal holdings tank capacity for irrigation and fire suppression). Remodeled cabins including all new appliances and water heaters. 75k in fire-safe work on the lure property that included the removal of over 100 trees. Construction of 2+ miles of trails. Improvements to office/housekeeping spaces have improved service efficiency.40KW generator install for continuous operation The Lure during the winter months. Complete remodel of two single family residences on upper acreage.

Please call listing agent for appointment. 2 day notice required. Do not enter the property without notice and appointment. No previews. A required Confidentiality Statement is required and will be sent by request. Financed offers will be scrutinized for feasibility and suitability.

APN’s included: 002-150-013-0,002-170-008-0,002-170-007-0,002-170-006-0. No square footage representations are being provided by Sellers or Brokers.

Virtual tour

Offering Memorandum

Video Overview

Video Tour

Property Details

Price: 2,500,000
Address: 100 Lure Bridge Lane
City: Downieville
State: CA
Zip: 95936
Property Type: Commercial
Square Feet: n/a
Garage: Y
Year Built: 1974
Status: Sold

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275 North Lake Blvd.|Tahoe City, CA 96145
Michael Willette DRE# 00805680 |

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