Corona Yacht Club

Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 30701860
Status: Pending/Contingent
Building Size (RSF): 821,000 SF
Gross Building Area: See Agent
Gross Land Area: 20 Acres
Sale Price: $2,500,000
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/26/2021

Overview / Comments

Rancho De Los Suenos (Ranch of Dreams) is a 20 acre private estate. It is easy to forget you are in the middle of the desert upon entering the magnificent surroundings. It includes the main ranch home, with 14 acre Palm Tree Nursery and 5 acre private event space known as the Corona Yacht Club, Corona Yacht Club can accommodate groups as large as 600. The average rental is $4,500 per event. Please note, the private event space is currently closed due to COVID-19.

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 603-130-001
Zoning: C-N & R-M
Property Located Between: Vista Del Sur and Avenue 47
Site Description: 5 ACRES OF IMPROVEMENTS & 15 ACRES UNIMPROVED 2 Acre Lagoon - Using low cost fresh canal water. 3,200 sf Covered Seating - Includes large service bar and restrooms overlooking the lagoon. The Dock - 1,000 sf dock extends over water. Croquet Lawn. Pavilion Deck. Outdoor Palm Grove Dining - Large canopy of mature palm trees. Convenient Parking - One main lot and an overflow area. 2 Staging/Prep Areas for caterers. Guest House - 1 bed / 1 bath with a kitchenette and sitting area. Main House - 2 bed / 2 bath with kitchen and sun-room; currently occupied by manager. Small office building. Also includes 6,000 Palm Trees.
Area Description: The Corona Yacht Club is located just 25 minutes east of Palm Springs. Going east bound on I-10, use the right lane to take Hwy 86 S. Take the Dillion Rd exit and turn left on Dillion Rd, turn right on Vista Del Sur (frontage road) for 1/2 mile. Turn south on Tyler St for 1/4 mile. The property is located on the east side.
Year Built: 1980
Parking Type: Surface
Zoning Description: 3 acres zoned C-N (Neighborhood Commercial) - 17 acres zoned R-M (Residential Multiple Family, 30 DU/ac)
Lot Frontage: 675'
Lot Depth: 1,290'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 67 48,378 104,460
Median Age: 64.7 26.91 28.82
Households: 34 11,515 27,698

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