Mediterranean Bed & Breakfast
Villa MediterrĂ¡nea Atenas Washington 20502
Villa MediterrĂ¡nea Atenas, Washington, 20502
$1,000,000
For Sale
$1,000,000
Mediterranean, Other - Atenas
Property Size4,844 SF
Lot Size1.77 Acres
Price / SF$206.44
Days on Market40
Property Features for Villa MediterrĂ¡nea Atenas
General Information
- Property type
- Other
- Property subtype
- Quadruplex
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway, Gated
- Exterior features
- Balcony, Barbecue, Garden, Playground, Private Entrance, Private Yard
- Standard status
- Active
- Size
- 4,844 SF
- Lot size
- 1.77 Acres
Building Details
- Year built
- 2020
- Flooring type
- Tile
- Roof type
- Slate
- Architectural style
- Mediterranean
Listing agency
Engel & Völkers Samara
+50664880111
Listed by
Pablo Fernandez
Added: Jun 12 Updated: Jul 15 at 3:04AM Checked: Jul 21 at 1:06PM
MLS# AM-5085113
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Mediterranean-style hospitality estate includes a main residence plus four fully equipped guest houses, all set within meticulously landscaped grounds. The main residence features an open-concept living area with wood-beamed cathedral ceilings and floor-to-ceiling windows, a custom kitchen with granite countertops and stainless steel appliances, two bedrooms, two bathrooms, and a private dining/loft terrace. It was built in 1997 and renovated in 2019, sold unfurnished, and has capacity for up to six guests.
The guest houses are individually configured with private terraces and full kitchenettes or kitchens, including one unit built in 1997 and three guest houses built in 2020. Guest House 1 offers a king bed and walk-in shower (renovated in 2019) and is sold furnished (excluding artwork). Guest House 2 is the largest unit with two queen beds and one single bed, an indoor/outdoor shower concept, and a wrap-around porch (renovated in 2019), also sold furnished (excluding artwork). Guest Houses 3 and 4 each include a king bed, en-suite or full bathrooms, and outdoor kitchenette/coffee bar features, both sold furnished (excluding artwork).
Outdoor amenities include landscaped gardens with walking trails, a large swimming pool with a poolside bathroom, a covered rancho with a full kitchen, and an additional pavilion, along with multiple seating areas designed for panoramic views. The property also provides ample private parking for guests and owners.
The guest houses are individually configured with private terraces and full kitchenettes or kitchens, including one unit built in 1997 and three guest houses built in 2020. Guest House 1 offers a king bed and walk-in shower (renovated in 2019) and is sold furnished (excluding artwork). Guest House 2 is the largest unit with two queen beds and one single bed, an indoor/outdoor shower concept, and a wrap-around porch (renovated in 2019), also sold furnished (excluding artwork). Guest Houses 3 and 4 each include a king bed, en-suite or full bathrooms, and outdoor kitchenette/coffee bar features, both sold furnished (excluding artwork).
Outdoor amenities include landscaped gardens with walking trails, a large swimming pool with a poolside bathroom, a covered rancho with a full kitchen, and an additional pavilion, along with multiple seating areas designed for panoramic views. The property also provides ample private parking for guests and owners.
Key Highlights
- Turn‑key bed & breakfast opportunity with existing business transfer possible, or a private family estate.
- Main residence plus four fully equipped guest houses on a meticulously landscaped 7,180 m² lot.
- Sweeping mountain views, abundant tropical gardens, walking trails, large swimming pool, and multiple outdoor living areas.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.2k | $18.00 |
| − Vacancy | −$21.8k | −$4.50 |
| EGI | $65.4k | $13.50 |
| − OpEx | −$34.3k | −$7.09 |
| NOI | $31.1k | $6.41 |
4,844 SF · lease $18.00/SF/yr · vacancy 25.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$443.7K
$388.3K – $517.7K
NOI $31,062 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,412 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bed & breakfasts
FAQs
What type of property is this?
Bed & breakfast - Turn-key property with a main residence and four guest houses on a landscaped lot with swimming pool and private parking.
Where is this bed & breakfast located?
The property is located at Villa MediterrĂ¡nea Atenas Washington.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Turn‑key bed & breakfast opportunity with existing business transfer possible, or a private family estate.; Main residence plus four fully equipped guest houses on a meticulously landscaped 7,180 m² lot.; Sweeping mountain views, abundant tropical gardens, walking trails, large swimming pool, and multiple outdoor living areas.