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67254 Hwy 299 Cedarville, CA 96104

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Massive Geothermal Potential, 1,182+ Acres

Property size:
51,487,920 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
Nestled in California's northeastern corner, this exceptional 1,182+ acre property presents a truly unique investment opportunity. Boasting over 51 million square feet and situated on a vast aquifer of artesian hot water, this land offers massive geothermal potential. The property includes a 22-room resort complete with private mineral tubs, overlooking the secluded high-desert valley. Previous development has included over $4 million in grants, and a California Energy Commission report highlights the site's geothermal productivity as among the highest ever seen in the industry. The absence of sulfur smell further enhances the appeal of this remarkable location. This is a chance to capitalize on a proven, high-yield geothermal resource in a stunning natural setting. The 0.03-acre parcel is strategically located at 67254 Hwy 299 E, Cedarville, CA, offering unparalleled access and development potential. The existing resort infrastructure provides a solid foundation for expansion and diversification of the geothermal energy project. This is a rare opportunity to acquire a significant asset with substantial proven geothermal resources and existing resort amenities. The property is priced at $69,000,000.

Property Features for 67254 Hwy 299

General Information

Property type
Other commercial real estate
Square Feet
51,487,920 SF
Lot Size
1,307 SF

Building Details

Year Built
1990

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Cedarville
County
Modoc
State
California
Longitude
-120.0781
Latitude
41.53327

FAQs

What type of property is this?
Commercial real estate - Massive Geothermal Potential, 1,182+ Acres
Where is this commercial real estate located?
The property is located at 67254 Hwy 299 Cedarville, CA.
What is the asking price?
The asking price for this property is $69,000,000.
More about this property
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