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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.PROPERTY FEATURES
Water Source: Public
Security Features: Gated with Attendant,Automatic Gate,Carbon Monoxide Detector(s),Fire and Smoke Detection System,Gated Community,Gated with Guard,Guarded
Lot Features: Sloped Down,Gentle Sloping,Landscaped,Lot Over 40000 Sqft,Rolling Slope,Value In Land
Fencing: Good Condition
Number Of Buildings: 3
Investment Property
Parcel Identification Number: 1017262080000
Occupancy: Occupied
Cooling: Has Cooling
Heating: Has Heating
Heating Type: Fireplace(s),Forced Air
Cooling Type: Central Air
Topography: Sloped
Roof Type: Clay,Spanish Tile
Construction: Stucco
Year Built Source: Public Records
Laundry Features: See Remarks
Laundry: Has Laundry
Zoning: Commercial Recreational
MLSAreaMajor: 682 - Chino Hills
Accounting Type: Actual
PROPERTY DETAILS
Street Address: 2441 Vellano Club Drive
City: Chino Hills
State: California
Postal Code: 91709
County: San Bernardino
MLS Number: SW24041679
Year Built: 2008
Courtesy of Rancon Real Estate
City: Chino Hills
State: California
Postal Code: 91709
County: San Bernardino
MLS Number: SW24041679
Year Built: 2008
Courtesy of Rancon Real Estate
Courtesy of Century 21 Discovery