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    54411 Us Highway 395

    Lee Vining, CA 93541
    • $999,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 210456
    UPDATED: 31 min ago
    $999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    Historic Tioga Lodge Complex located on the western shore of Mono Lake. A total of 17 guest rooms/cabins, 3 employee housing units, commercial kitchen with dining room, patio and meeting room. Lovely outdoor grassy meadow with flowing creek, gazebo and bridge. Metal roofs on building and gas heating. Lodge has historically operated May through October. The enterprise has not operated in the past two summers due to owners health and Covid but could be operated almost immediately in its present state. This is located just north of Lee Vining where the eastern access to Yosemite National Park is. This is 30 minutes north of Mammoth Mountain Ski Area. Property is sold AS IS-WHERE IS with no representations or disclosures from trustee or brokers. Trustee has very little knowledge or information about the property. Exterior of property is available to review at any time. Enter the property at your own risk. Please be extra careful of loose nails in wood decking and ramps/walkways. Open toe shoes are not advised. Rooms and kitchen dining area can be viewed through the windows. There will be an open house of all rooms and facilities on Friday June 18 1:00pm to 5:00pm.There are historic (restaurant, gardens, trout ponds, etc.) uses on the lakeside property so there could be development potential on the lakeside of this property. Tax roll says there is a total of 23 acres of land. Due to "relicted lands dispute with State there is no representation as to where the exact lakeside property lines are. Buyer to investigate. Trustee and brokers make no representations. Please do not disturb the caretakers. Seller/Trustee will begin reviewing offers beginning on June 15. All offers must have proof of funds or equivalent to be considered. Property is basically priced at a 6% cap rate based on average P&Ls from 2011 to 2018. Adjacent lakeshore 10 acres is available for purchase. Video tour attached.

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    © 2021 Mammoth Lakes Board 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 Rebecca Garrett - Mammoth Realty Group. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-06-18T09:51:20.577.

    Licensed in the State of California.
    www.rebeccagarrett.com/homes/117532489
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    54411 Us Highway 395 Lee Vining, CA 93541

    • Price: $999,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 210456
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,000
    SQFT
    $333
    $/SQFT
    Neighborhood:
    Lee Vining
    Area:
    Lee Vining
    Property Description
    Historic Tioga Lodge Complex located on the western shore of Mono Lake. A total of 17 guest rooms/cabins, 3 employee housing units, commercial kitchen with dining room, patio and meeting room. Lovely outdoor grassy meadow with flowing creek, gazebo and bridge. Metal roofs on building and gas heating. Lodge has historically operated May through October. The enterprise has not operated in the past two summers due to owners health and Covid but could be operated almost immediately in its present state. This is located just north of Lee Vining where the eastern access to Yosemite National Park is. This is 30 minutes north of Mammoth Mountain Ski Area. Property is sold AS IS-WHERE IS with no representations or disclosures from trustee or brokers. Trustee has very little knowledge or information about the property. Exterior of property is available to review at any time. Enter the property at your own risk. Please be extra careful of loose nails in wood decking and ramps/walkways. Open toe shoes are not advised. Rooms and kitchen dining area can be viewed through the windows. There will be an open house of all rooms and facilities on Friday June 18 1:00pm to 5:00pm.There are historic (restaurant, gardens, trout ponds, etc.) uses on the lakeside property so there could be development potential on the lakeside of this property. Tax roll says there is a total of 23 acres of land. Due to "relicted lands dispute with State there is no representation as to where the exact lakeside property lines are. Buyer to investigate. Trustee and brokers make no representations. Please do not disturb the caretakers. Seller/Trustee will begin reviewing offers beginning on June 15. All offers must have proof of funds or equivalent to be considered. Property is basically priced at a 6% cap rate based on average P&Ls from 2011 to 2018. Adjacent lakeshore 10 acres is available for purchase. Video tour attached.
    Exterior Features

    Exterior Wood Siding Exterior Features Landscaping Parking Open Parking Spaces Multiple Roof Metal Style Building Clear SpanFree StandingRestaurant

    Interior Features

    Air Conditioning Other/See Remarks Floor Hardwood FloorsTile Heating Propane Interior Features Extra StoragePrivate Bathrooms

    Property Features

    Available Financing Cash List Type CommericalResidential Income & Vacant Land Listing Agreement Lot Unit 1 Number Of Units Six + Orientation East Property Description Located In County Sale Rent For Sale Type Multi-Use Building Utilities Other/See Remarks Water Sewer SepticWell DrilledOther/See Remarks

    Listing provided courtesy of Paul Oster of Re/Max Of Mammoth.
    © 2021 Mammoth Lakes Board of Realtors.


    © 2021 Mammoth Lakes Board 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 Rebecca Garrett - Mammoth Realty Group. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-06-18T09:51:20.577.

    Licensed in the State of California.
     
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    Rebecca Garrett - Mammoth Realty Group
    501 Old Mammoth Road PO Box 100 - PBM #574
    Mammoth Lakes CA, 93546