For Sale

Listed by Peter Colbert and Don DeFranco from Compass

Source: Bay Area Real Estate Information Services, Inc. #326077422

695 Cherry Creek Road, Cloverdale, CA, 95425

$8,500,000

50
1334 sq. ft.
3659040 sq. ft.

Other

•

30+ days on the market

What's around 695 Cherry Creek Road

About this property

With over $400,000+ in annual gross tenant income and 84 acres just minutes from downtown Cloverdale, 695 West Cherry Creek Road is currently home to an established residential community with nine residences-five large multi-unit homes and four one-bedroom cabins. A 3,500-square-foot event and community center with a commercial kitchen anchors the shared amenities, along with a swimming pool, additional support buildings, city water, solar, and extensive infrastructure already in place. Open land, wooded areas, and expansive views extend throughout the acreage, creating a tranquil setting for the existing residential use. For an investor or operator, the property brings together substantial current income, significant land, multiple residences, and an incredible opportunity to add buildings and income, connect to city sewer, and develop endless other improvements. Come see what's possible

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