Rare Development Opportunity!!!
This iconic restaurant has been wowing folks for almost 75 years from a 6.94 acre parcel of land with 180 degrees of stunning mountain and lake views. Travelers from Southern California stop into this roadhouse destination to enjoy breakfast, lunch, or just a quick snack as they cruise the famed Ortega Highway. The restaurant occupies a ~2,300 sf. building with a fully equipped kitchen, a patio, and living quarters to boot! It’s high time for this restaurateur and property owner (at the helm since 1968) to retire, so she’s looking to pass on the land and business to a successor who can continue the grand tradition or dream up something new.
Location, Location, Location – Atop Ortega Highway (Route 74) overlooking Lake Elsinore
This 6.94 acre parcel (elev. ~2500, ~5 acres developable) sits atop the famed Ortega Highway, with gorgeous panoramic views overlooking the ever-popular Lake Elsinore (elev. 1296’). The parcel has been a restaurant since 1948 and is highly underutilized. It’s a fantastic development opportunity, as the county has favorably zoned the property. The northmost ½ is zoned C-P-S (Scenic Highway Commercial Zone), permitting a huge variety of potential uses ranging from bars and ice cream shops to tourist centers, bed and breakfasts, boutique hotels, or simply keep it as a beautiful hillside restaurant. The southmost ½ is zoned R-R (Rural Residential), and can be used for residential uses ranging from single family dwellings to nurseries, greenhouses, and orchards.
Lake Elsinore – Among California’s Fastest Growing Cities
Lake Elsinore is among the fastest growing residential communities in California, doubling in population since 2000. As the Action Sports Capitol of Southern California, Elsinore sits at the crossroads between major affluent, densely-packed residential meccas of Los Angeles, Orange County, San Diego, and the Desert (Palm Springs, Palm Desert, etc.). Southern California residentials of all ages frequent Lake Elsinore for recreation including aerial sports (skydiving and hang-gliding), water activities (jet and water skiing, fishing), off-roading, motocross racing, mountain biking, hiking, and much more. The Lake Elsinore Visitors Bureau says it all!!
Mountaintop Dining with the Finest of Views
The owner has done a fantastic job of creating this nostalgic, historic restaurant, which offers good ole’ fashioned portions at great prices: 800+ four-star online reviewers aren’t wrong! As you enter the "Meetin' Hall", you’re greeted by a vintage wood burning stove, rustic wood beams and a view of the lake from every seat. Antique décor and vintage photographs line the walls. The kitchen is equipped with a large Type 1 hood and all the bells and whistles to provide fresh, scratch made quality food! Did I mention they offer the best smoked BBQ ribs west of the Mississippi? The restaurant also offers plenty of outside dining to soak up the Southern California sun and take it all in.
After raising her family on this property and operating the iconic restaurant, the owner is ready to pass the reins to a qualified owner-operator, developer, or real estate investor. This is a rare opportunity to acquire a valuable piece of property in a fast-growing area of Southern California. The property has a myriad of uses, the sky’s the limit! All uses are (of course) subject to Buyer’s obtaining any required county and city approvals, plans & permits. Buyer to confirm all permitting, representations made herein, and zoning prior to the close of sale.
If real estate development, panoramic views, and business ownership are in your future, this is the opportunity for you. What are you waiting for? Reach out to the Agent today!