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Beach Resort (Development Project)
Offered for sale for the first time since its establishment over 50 years ago is a lovely beach resort located on the shores of Hood Canal.
This sensational resort property at this time includes all of the following:
- Cabins
- RV camping & picnic area
- 2000 foot beach in a beautiful deep water area, ideal for Summer swimming and year round diving
- dorm rooms & food preparation facilities for large groups: families, classes, reunions, seminars, weekend getaways.
- Deep water dock built into Puget Sound with tie-ups for yachts, power boats & float planes
- Sauna facilities
- 3 full size homes, recent construction all with grand views of Hood Canal. Ideal for group visitations to the region.
- Theatre for showing of classic movies (35mm). Great collection of old movies!
- A total of 170 acres, 25 of which are already developed near the Sound. The remaining 145 acres are fully developable into condos, homes or an entire planned community.
- Oyster beds (over 10 acres).
The resort operates year round and is well known by tourists both local and from other parts of the country. The resort now attracts large numbers of divers from throughout the Pacific Northwest who use the facilities and deep water diving areas directly offshore to become certified in salt water diving. The
divers enjoy staying in the dorms while enjoying the company of other divers and taking in the beauty of this unique area.
In its current configuration and with the existing facilities, the beach resort regularly produces about $ 300,000 of annual gross income (lodging, diver activities, oyster sales).
The owner, after 50 years onsite, is preparing to retire. The entire property, encompassing an entire cove on Hood Canal is being offered for sale for $ 5.2M.
This is a dream development project for an astute developer who truly appreciates this unique opportunity. By developing the land available across the State Hiway from the main resort facilities, a huge potential profit is possible.
This property can be accessed by car from Seattle in less than 2 hours. By air (float plane) – 30 minutes from Lake Union!
Developers – please hurry! This property truly represents a ‘Jewel in the Crown’ in terms of desireable resort getaways within 2 hours of Seattle. Very few development properties of this quality are still available in the immediate Seattle metropolitan area, yet with such unique natural
gifts.
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