Active

2441 Vellano Club Drive

Chino Hills CA, 91709

$17,500,000


$296.57 per sqft

Active

59,008 sqft

Commercial

Built in 2008

Listed by Anthony Derrigo with Rancon Real Estate 951-696-0600

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.

SW24041679

MLS ID

June 24, 2024

Listed

July 4, 2024

Updated

Map

2441 Vellano Club Drive
Chino Hills CA, 91709

Interior Features

Total Stories

3


Laundry Description

See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Fireplace(s)

Exterior/Building Features

Lot Size

269 Acres


Lot Features

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


Roof

Clay, Spanish Tile

Other Property Details

Area Name

682 - Chino Hills


Days on Market

92


Garage

No


View

No


County

San Bernardino


Water Source

Public


Pool

No


Zoning

Commercial Recreational


Buyer Agency Compensation

2%

Listing Contact: 951-696-0600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/4/2024 at 12:54 AM UTC

 

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