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Listed by Tim Ryan, DRE #02097345 • Avine Real Estate
$ 2,499,000
Est. payment /mo
New
36342 CA-78 Julian, CA 92036
70 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26104224
Year Built 1960
Lot Size 70 Sqft
Source California Regional MLS
Property Description
Banner Ranch is a 70.36-acre mixed-use property offered at $2,499,000, located in Julian, CA. The Property consists of 17 HCD-permitted manufactured home sites, 11 primitive campground sites, two covered wagon short-term rentals, one saloon and store building with beer sales license, one three-bed, one-bath ranch house, one leased cell tower, and common area facilities including bathrooms, showers, and laundry. The offering presents a compelling value-add opportunity driven by campground optimization, saloon and store repositioning, and expense reduction. The 17 manufactured home sites are 100% occupied and include a mix of park-owned and tenant-owned homes. 11 of the 13 park-owned homes are leased long-term at an average of $1,390 per month, with the remaining two operated as short-term rentals. The four tenant-owned home sites carry an average space rent of $950 per month. Water, septic, and trash are included in rent, with electric submetered and billed back to tenants. The park-owned homes - predominantly tiny home/park models - are included in the sale. The property is served by a private well and septic system, both recently repaired. Since acquiring Banner Ranch in 2020, the owner has invested approximately $1,000,000 into the property. Improvements include critical
Location
State CA
County San Diego
Area 92036 - Julian
Interior
Laundry Laundry Area, Community Facility
Exterior
Pool None
View Hills
Building
Sewer Septic Tank / Pump
Water Well
Others
Tax ID 2913301700
Special Listing Condition Not Applicable
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