Chino Hills, CA 91709,2441 Vellano Club DR
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$ 17,500,000
Est. payment /mo
Active

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

Great Opportunity for a Golf Course Operator to renovate, revitalize and resurrect a once great Golf Club that has been decommissioned!

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.


CRMLS Plus
Listed by Rancon Real Estate

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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2441 Vellano Club DR