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Mediterranean Bed & Breakfast Estate

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
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.

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 (±1% cap)
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 (±1% cap)
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.
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More about this property
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