0
6 Beds
7 Baths
1.03 Acres
4,500 ft2

130 E. Dana Nipomo, CA

$1,699,000

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Property Description

This home is currently a Historic Victorian style boutique hotel on one acre. It can easily be a large family home or a 6 room AirB&B. Over the past 20 years, Seller has invested heavily into the property, realizing a vision that maximizes available square footage for room revenues while expanding the grounds into a beautiful wedding venue, generating significant revenues and profits in addition to the hotel itself. The hotel has a combination of 6 rooms and suites, each with its own bathroom. A shared common lobby / breakfast area allows guests to relax beyond their private hotel room. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. The freehold real estate is included in the purchase price, which is located in a quickly gentrifying downtown area in the path of tremendous progress. Located conveniently near wineries, beaches, and several downtown areas, the hotel attracts guests from San Francisco and Los Angeles alike, as well as national and international travelers visiting the Central California Coast. Multi-family zoning 20 units per acre. Seller has plans for 6 condos on ½ acre which will not impact the existing hotel operation. Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. It is currently the only Hotel in Nipomo and one of the few grandfathered in for Events in the South County. The full prospectus will be provided on request for qualified potential buyers.

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Property Information

  • Address: 130 E. Dana, Nipomo, CA 93444. 
  • Bedrooms:
  • Bathrooms:
  • Price: $1,699,000 
  • Acres: 1.03 
  • Sq. Ft.: 4,500 
  • MLS #: PI22052524 
  • Year Built: 1887 
  • Listing Courtesy of: Keller Williams Realty Central Coast 
  • City: Nipomo 
  • Postal Code: 93444 
  • County: San Luis Obispo 
  • Property Square Footage: 45000.00 

Neighborhood Information

  • School: Lucia Mar Unified 
  • Neighborhood: Nipomo(340) 

Amenities

  • Pool: None 
  • View: None 
  • Fireplace: Yes 
  • Fireplace Location: Family Room 
  • Cooling: Central Air 
  • Heating: Yes 
  • Heat Source: Forced Air,Natural Gas 
  • Security: Carbon Monoxide Detector(s) 
  • Garage Spaces: 1.00 

Other

  • Description: This home is currently a Historic Victorian style boutique hotel on one acre. It can easily be a large family home or a 6 room AirB&B. Over the past 20 years, Seller has invested heavily into the property, realizing a vision that maximizes available square footage for room revenues while expanding the grounds into a beautiful wedding venue, generating significant revenues and profits in addition to the hotel itself. The hotel has a combination of 6 rooms and suites, each with its own bathroom. A shared common lobby / breakfast area allows guests to relax beyond their private hotel room. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. The freehold real estate is included in the purchase price, which is located in a quickly gentrifying downtown area in the path of tremendous progress. Located conveniently near wineries, beaches, and several downtown areas, the hotel attracts guests from San Francisco and Los Angeles alike, as well as national and international travelers visiting the Central California Coast. Multi-family zoning 20 units per acre. Seller has plans for 6 condos on ½ acre which will not impact the existing hotel operation. Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. It is currently the only Hotel in Nipomo and one of the few grandfathered in for Events in the South County. The full prospectus will be provided on request for qualified potential buyers. 
  • List Date: March 16, 2022 
  • Status: Active 
  • Directions: Take Tefft to Jocko's. Turn right on Thompson, then left on Dana St. Property is 1/2 block up on the right. 

Other

  • Listing Agent State License: 01331835 
  • Listing Office State License: 02005015 

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Based on information from California Regional Multiple Listing Service, Inc. as of July 6th, 2022 at 21:40:13PM UTC. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.