2441 Vellano Club DR Active

Chino Hills,CA 91709

$ 17500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW24041679

HOA Y/N No

Year Built 2008

Tax Year 2023

Lot Size 269.000 Acres

Lot Dimensions Public Records

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 Forced Air,Fireplace(s)

Cooling Central Air

Fireplace No

Laundry See Remarks

Exterior

Fence Good Condition

Community Features Gated

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,Lot Over 40000 Sqft,Landscaped,Rolling Slope,Value In Land,Sloped

Story 3

Water Public

Others

Tax ID 1017262080000

Security Features Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Gated with Guard,Gated Community,Gated with Attendant,Smoke Detector(s),Security Guard

Acceptable Financing Cash,Cash to New Loan,Conventional,Submit

Listing Terms Cash,Cash to New Loan,Conventional,Submit

Special Listing Condition Standard

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