185 Spirit Spgs
Greenville, CA, 95947
For Sale
$1,700,000
- 8.07acres
ZONED Prime Recreational (REC-P) allowing multiple uses: RV Resort (14 sites per acre) / Boutique Lodging / Event Venue / Adventure Tourism / Health & Wellness Resort / Manufactured Home Community if recreation oriented. Property includes existing well producing 20 gallons per minute at 64° from 60 foot depth, with option to drill deeper to access geothermal temperatures. 1,101 feet of creek frontage. CURRENT INCOME from 9 RV hookups with full utilities (water, sewer, electrical). Two 40’ luxury fifth wheel trailers and a 1,400 SqFt Trex deck included. UTILITIES: City water, sewer, and power with new underground wiring in place. Located within 1 mile of new restaurants, grocery, and gas station. Lake Almanor 9 miles / Plumas National Forest 31 miles / Lassen Volcanic Park 40 miles. Regional tourism exceeds 3M annual visitors creating strong year-round demand. Positioned for expansion into RV resort, lodging, wellness, or mixed-use development. See attached Pro Forma with 60 RV Park producing NOI of $576K annually, with valuations between $4.8M and $7.2M depending on cap rate.
Listing agents:
Mike Fowler
License #01157620
eXp Realty of California
Lee Ballard
License #01280147
CRMLS
Let's talk
Interested in this property or one like it?
Reach out today to talk with advertising agent Mark Tyoran.