54520 S Circle Dr - Apartments FOR SALE


Idyllwild, CA 92549
$1,650,000 USD
951-376-8810
54520 S Circle Dr, Idyllwild, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/104
null | Request Cap Rate

54520 S Circle Dr
Idyllwild, CA 92549


HIGHLIGHTS

  • Main House of 5-bedrooms 4-baths
  • Apartment 2-bedroom 1-bath
  • On prime creek frontage, with Pool
  • Perfect for Bed and Breakfast or Wedding Venue

OVERVIEW

Introducing Idyllwild Manor, a forest estate lovingly cared for by the same family for 64 years. Located near the heart of downtown Idyllwild, this historic property is unparalleled in the area. The Manor sits on nearly an acre of lush gardens, featuring an in-ground pool and meandering pathways leading to a soulful creekside courtyard and backyard footbridge over Strawberry Creek, an iconic entertaining area that has hosted notable parties attended by Elvis, Jackson Browne, and many other musicians and artists. The main two-story home is approximately 4,200 sq. ft. with 5 bedrooms, 4 baths, a bright eat-in kitchen with an attached pantry, a living room, and a large family room with a grand fireplace and adjacent solarium that leads to the creekside gardens. Other features include glowing knotty pine, hardwood floors, and custom built-ins throughout. The separate dwelling includes a 3-car garage, office, fireproof vault room, sauna, and bath on the first level, with a charming 1,216 sq. ft. 2-bedroom, 1-bath apartment on the second level. This property is zoned multifamily R3A, making it an ideal bed and breakfast or wedding venue. The property features its own well, dedicated exclusively to the irrigation and maintenance of the grounds.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,650,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

R-3A

APN/PARCEL ID

565-051-019

ASK ABOUT THIS PROPERTY

Meagan GreeneCompassMore Info
951-376-8810

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Meagan GreeneCompassMore Info
951-376-8810

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