34540 Engineers RdJulian, CA 92036

Exceptional investment opportunity: A 16-key luxury wellness retreat nestled in the picturesque hills of Julian, San Diego County, California. This fee-simple property, built in 1995 and extensively renovated between 2020 and 2023, boasts a prime 4.03-acre location overlooking Lake Cuyamaca. The three-story building offers spacious suites, each featuring private lake-view balconies, whirlpool soaking tubs, and steam showers. Amenities include a spa, 24-hour gym, library, yoga room, jacuzzi, and a rose tea garden. The property's all-inclusive packages cater to guests seeking healing, rejuvenation, and relaxation. With a pro-forma NOI of $990,576 and a pro-forma cap rate of 11.65%, this retreat presents a compelling investment prospect in a rapidly growing wellness tourism sector. The asking price is $8,500,000, with a price per key of $531,250. Located at 34540 Engineers Rd, Julian, CA 92036 (APN 2940704700), this retreat offers a unique blend of modern amenities and natural beauty, just an hour from San Diego. The property's high elevation provides guests with the opportunity to experience all four seasons. This turnkey operation is ready for a new owner to capitalize on the increasing demand for wellness tourism.