2441 Vellano Club DR Chino Hills, CA 91709
59,008 SqFt
UPDATED:
12/19/2024 10:52 PM
Key Details
Property Type Commercial
Sub Type Specialty
Listing Status Active
Purchase Type For Sale
Square Footage 59,008 sqft
Price per Sqft $296
MLS Listing ID SW24041679
HOA Y/N No
Year Built 2008
Tax Year 2023
Lot Size 269.000 Acres
Acres 269.0
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 Fireplace(s), Forced Air
Cooling Central Air
Laundry See Remarks
Exterior
Fence Good Condition
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, Landscaped, Lot Over 40000 Sqft, Rolling Slope, Value In Land
Story 3
Water Public
Others
Security Features Gated with Attendant,Automatic Gate,Carbon Monoxide Detector(s),Fire and Smoke Detection System,Gated Community,Gated with Guard,Guarded
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Confidential INFO
SIGN ON PROPERTY 1
TERMS Cash,Cash To New Loan,Conventional,Submit
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS Seller to select all services. Property is gaurd gated and requires advance notice. Property currently has an active annual lease with Wedgewood Weddings that can be shared by request. Property is also listed at a discounted price for just the land and a lease option for the Pro Shop. Call for possible sale structures.
SHOW CONTACT TYPE Agent,See Remarks
SHOW CONTACT NAME Tony Derrigo
SHOW CONTACT PH 760-519-3011
SHOW INSTRUCTIONS Call or email Co Brokers; Tony Derrigo 769-519-3011 tderrigo@rancongroup.com or Craig Way 951-237-7866 seawayproperties@aol.com Property is guard gated, please call or email with interest and we will add you to our interest list for a scheduled tour date of the property and buildings.
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