2441 Vellano Club Drive
Chino Hills, CA, 91709 $ 17,500,000
Baths0.0 Sq 59,008 Monthly Estimate*
$ 116,310
Listed by Rancon Real Estate
Studio
for $17,500,000. This 59,008 square foot building was built in 2008 on a lot size of 269.
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.
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FeaturesGeneralHeating ForcedAir Fireplaces
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected WaterConnected
Roof Clay SpanishTile
Zoning Commercial Recreational
Security Features CarbonMonoxideDetectors FireDetectionSystem SecurityGate GatedwithGuard GatedCommunity GatedwithAttendant SmokeDetectors SecurityGuard
Construction Materials Stucco
Year Built 2008
Topography Sloping
Property SubType SpecialPurpose
Tax Year 2023
Community Features Gated
Building Name Vellano
Additional Parcels Description 1017-252-05 1017-262-07 1017-262-09
County San Bernardino
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Exit the 71 onto Chino Hills Prkwy westbound Turn left on Peyton Dr the right on Woodview Rd
City Chino Hills
View Y/N N
Senior Community Y/N N
MLS Area 682 - Chino Hills
Lot Size Units Acres
Lot Size Square Feet 11717640.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 1
Street Name Vellano Club
Listing Terms Cash CashtoNewLoan Conventional Submit
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Virtual Tour https://vimeo.com/915785326 https://vimeo.com/920252799?share=copy
Days on Market 50
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source PublicRecords
Property Sub Type Additional SpecialPurpose
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ExteriorFencing GoodCondition
Lot Features SlopedDown GentleSloping LotOver40000Sqft Landscaped RollingSlope ValueInLand Sloped
Water Source Public
Lot Size Area 269.0
Number of Buildings 3
Spa N
Building Area Total 59008.0
Lot Dimensions 269
Street Suffix Drive
Lot Size Acres 269.0
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features SeeRemarks
Entry Level 2
Electric On Property Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $116,310
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Chino Hills, CA
Average List Price $2,495,057
Percent of Sale Price 86%
About Chino Hills, CA 78,493 Population
17% Since 2002
$ 96,724 Median Income
38.27 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/13/2024 | $17,500,000 | | Listed Price |