UPDATED:
09/30/2024 06:36 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24041679
HOA Y/N No
Year Built 2008
Tax Year 2023
Lot Size 269.000 Acres
Lot Dimensions Public Records
Property Description
Situated in Chino Hills lies the beautiful private Golf Club of Vellano. This Original Greg Norman Course offers over 269 acres of rolling hills, panoramic views, and boasts the perfect canvas for an upscale, membership only experience. As you approach the community of Vellano, you are greeted by a beautiful wrought iron gate, mature landscaping, and majestic water features with a guard gated entrance.
After passing through said entrance, you are guided to the Clubhouse and Golf Pro Shop by Italian Cypress that line the road to your destination. As you arrive at your destination, you’ll notice the abundance of parking and well-maintained Commercial Buildings. Not only does this community offer a Pro Shop, but also a Grand Clubhouse, currently being used by an annual lease holder, Wedgewood Weddings. In addition, there is a large detached private gym and fully fenced pool and private bathrooms. The Community of Vellano is much more than just its Private Golf Club, but also a Private Estates Community which currently holds over 175 Luxury Tuscan Homes that line the course and guide you from start to finish.
The value in this opportunity is immense, not only from the land itself, but also, from an annual lease with Wedgewood Weddings for the 46,000 square foot clubhouse. Wedgewood is a great company to have as a long-term tenant and they are gladly looking to expand their lease to other parts of the property, if possible. Please let us know if there are any questions on this and we would be happy to elaborate.
This property is listed in two different ways.
Option 1: Purchase the entire 269 Acres of Golf Land, Golf Maintenance Buildings, and additional Commercial Buildings with Annual Wedgewood Wedding Lease for a total of $17,500,000.
Option 2: Purchase just the 262 Acres of Golf Land and Golf Maintenance buildings for a total of $10,000,000.
Don’t wait to call today about how to see this property.
Location
State CA
County San Bernardino
Area 682 - Chino Hills
Zoning Commercial Recreational
Interior
Heating Forced Air, Fireplace(s)
Cooling Central Air
Fireplace No
Laundry See Remarks
Exterior
Fence Good Condition
Community Features Gated
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Roof Type Clay,Spanish Tile
Building
Lot Description Sloped Down, Gentle Sloping, Lot Over 40000 Sqft, Landscaped, Rolling Slope, Value In Land, Sloped
Story 3
Water Public
Others
Tax ID 1017262080000
Security Features Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Gated with Guard,Gated Community,Gated with Attendant,Smoke Detector(s),Security Guard
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
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