34540 Engineers Rd, Julian, CA 92036-9566
- Assisted living facilities
- 6,395 SF
- 4.03 lot acres
Current Use by Public Records
- Quiet Mind Mountain Lodge, Retreat & Spa / Hotel & Motel / Resort
Property Details for 34540 Engineers Rd
- Year built
- 1997
- Lot size
- 4.03 lot acres
- Zone code
- R-1:SINGLE FAM-RES
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 294-070-47-00
- APU
- 2940704700
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 26, 2025 | — | Vajragharba LLC | Michael Gregory | Quitclaim Deed · related | — |
| Jan 18, 2024 | — | Michael Gregory | — | Deed · related | $1.6M · Ampac Tri State Cdc INC |
| Sep 2, 2022 | — | Michael Gregory | — | Deed · related | $230k · Wilshire Quinn Income Fund LLC |
| Feb 26, 2020 | — | Michael Gregory | — | Deed · related | $700k · Rose Costello |
| Feb 14, 2020 | $1,400,000 | Michael Gregory | Raymond J Ruel | Grant Deed | $1M · Ruel Raymond J (te) |
| Sep 5, 2003 | — | Ruel,tr | Ruel,raymond J & Joann | Quit Claim Deed · related | — |
| Mar 15, 1990 | $140,000 | Ruel Raymond J | Espernza Inv Gro | Grant Deed | $112k · Espernza Inv Gro |
| — | — | Raymond J Ruel | — | Deed Of Trust · related | $24k · Peninsula Bank San Diego |
| — | — | Michael Gregory | — | Deed Of Trust · related | $700k · Rose Costello |
| — | — | Ruel Raymond J & Joann Tr | — | Deed Of Trust · related | $160k · Bank Of America |
| — | — | Raymond Ruel | — | Deed Of Trust · related | $323k · Bank Of America |
| — | — | Ruel,tr | — | Deed Of Trust · related | $150k · Bank Of America |
| — | — | Raymond J Ruel | — | Deed Of Trust · related | $332k · Bank Of America |
| — | — | Raymond J Ruel | — | Deed Of Trust · related | $356k · Bank Of America |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,760,000
- ML approach
- $1,710,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,846,000
- AI Estimate
- $1,145,000
Market price range: $1.53M - $2.51MMarket price range: $288k - $2.09M -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $1,950,000 Current use
- AUTO REPAIR, GARAGE
- $2,440,000 Change: +25% Conversion: Difficult
- OFFICE BUILDING
- $2,305,000 Change: +18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Julian
- County
- San Diego
- State
- California
- Longitude
- -116.584
- Latitude
- 32.9922
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
