67254 Hwy 299 Cedarville, CA 96104
- Commercial real estate
- 51,487,920 SF
- 0.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 67254 Hwy 299
- Year built
- 1990
- Lot size
- 0.03 lot acres
- Property size
- 51,487,920 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedarville
- County
- Modoc
- State
- California
- Longitude
- -120.078
- Latitude
- 41.5333
