For Sale
$69,000,000

67254 Hwy 299Cedarville, CA 96104

Massive Geothermal Potential, 1,182+ Acres

Overview

Added:
Feb 3
Days on market:
64
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.

Property Details for 67254 Hwy 299

Property type
Square Feet
51,487,920 SF
Year Built
1990
Lot Size (sq. ft)
1,307 SF

Location Insight

City
Cedarville
County
Modoc
State
California
Latitude
41.53327
Longitude
-120.0781
67254 Hwy 299, Cedarville, California

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67254 Hwy 299
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