The Retreat is composed of six separate buildings containing a total of 8 luxury suites ranging in size from 300 to 600 sq. ft.The total rentable sq ft.is approx 4400 on an approx 8670 sq ft lot. The units are more accurately described as exquisite Villas.
Units contain a variety of features some of which are fully equipped kitchens with granite counters,separate bedrooms,fireplaces, white water views,& view decks. The property was remodelled & exquisitely furnished in 2010. An on-site laundry area. Property is just steps from the sand . On-site parking is included with two enclosed garages and additional off site spaces available..
A full description of each unit & its features may be provided upon request. The retreat is zoned R-3 which could allow for uses such as a family compound, corporate employee incentive uses, a spa, a surgical recovery facility, or perhaps a rehabilitation location.
As an alternative the investor could develop high end condo units. The Retreat can provide significant upside potential with increased occupancy and the increasing of under market room rates. The operating software is included.
All prospective uses should be verified with the City of Laguna Beach. Sq ft to be verified by Buyer.