For Sale
$8,500,000

34540 Engineers Rd Julian, CA 92036

Luxury San Diego retreat, 16 keys, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • Investment opportunity: Quiet Mind Lodge, Retreat & Spa, a wellness resort in Julian, CA, overlooking Lake Cuyamaca.
  • 16 newly renovated suites with private lake-view balconies, whirlpool tubs, and steam showers.
  • All-inclusive wellness packages focusing on healing, rejuvenation, and personal growth; amenities include a spa, 24-hour gym, library, yoga room, jacuzzi, and rose tea garden; personalized services including private chefs.
  • Located an hour from San Diego, capitalizing on the $651 billion global wellness tourism market projected to grow 16.16% annually through 2027.

Property Details for 34540 Engineers Rd

Property type
Hospitality properties, Hotels
Year Built/Renovated
1995/2020
Buildings
1
Stories
3
Lot Size (sq. ft)
175,547 SF

Location Insight

City
Julian
County
San Diego
State
California
Latitude
32.9923884
Longitude
-116.5836584

FAQs

What type of property is this?
Hospitality property - Luxury San Diego retreat, 16 keys, high ROI.
Where is the hospitality property located?
The property is located at 34540 Engineers Rd Julian, CA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Investment opportunity: Quiet Mind Lodge, Retreat & Spa, a wellness resort in Julian, CA, overlooking Lake Cuyamaca.; 16 newly renovated suites with private lake-view balconies, whirlpool tubs, and steam showers.; All-inclusive wellness packages focusing on healing, rejuvenation, and personal growth; amenities include a spa, 24-hour gym, library, yoga room, jacuzzi, and rose tea garden; personalized services including private chefs.
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34540 Engineers Rd
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