$2,720,000
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Address not disclosed Dripping Springs, TX 78620
6,310 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 6,310 sqft
Price per Sqft $415
Subdivision Madrone Ranch Sec Ii-A & Ii-B
MLS Listing ID 7807943
Sold Date 03/22/22
Originating Board actris
Year Built 2015
Tax Year 2020
Lot Size 7.593 Acres
Property Description
Rare Find! Sleeps 70+ guests. All buildings, amenities, and utilities installed new in 2015. With 10+ wedding venues nearby, there is an abundance of demand for hotel accommodations like this. Liney Moon was founded by Dripping Springs locals, Caroline and Stephen, when they invested in 7+ acres and built the most beautiful "hill-country industrial" stylized concept for wedding guests and visitors. The main house has 4 bedrooms and 4 full bathrooms with a total of 2,385 sf. 'The Triplets', as the three tiny houses are affectionately referred to, each have a full bathroom and kitchen. Caroline, Liney, didn't stop there. She completed the compound with ten small cabins, each like a hotel room, for a total of 14 units on the grounds. The cabins are set in a horseshoe shape around a common grill space; add an in-ground pool, outdoor chapel, and large covered patio to your party! Liney Moon is a space where people come to connect, relax, and sleep. There's room to build too! Found at the corner of West Fitzhugh and McGregor Road, Liney Moon is at the epicenter of fun in Dripping Springs. Jester King, Treaty Oak Distilling, Texas Hill Country Olive Co. and others are found on McGregor Road with Dreamland (mini-golf/concert venue/sport-court) around the corner on 290! Dripping Springs is host to established community, happy visitors, and some of the savviest business owners around. It is THE spot for growth in Central Texas. Get involved and watch your appreciation soar!
BOM - original buyer was a rehab facility with a consultant out of CA. No repairs or concessions were identified before sending notification that the buyer was no longer a fit. The property is clean and well cared for. Seller requests that interested buyers submit offers w/o contingencies for structural work to fulfill their short term vision. Private, residential use is possible here too!
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Location
State TX
County Hays
Zoning Unrestricted
Interior
Heating Central, Ductless
Cooling Central Air, Ductless
Flooring Concrete, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Connected, High Speed Internet, Propane, Sewer Connected, Water Available
View Trees/Woods
Accessibility Accessible Approach with Ramp, Accessible Full Bath
Total Parking Spaces 10
Building
Foundation Slab
Sewer Septic Tank, See Remarks
Water Well, See Remarks
Structure Type Concrete, Spray Foam Insulation, Metal Siding, Wood Siding
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 1.8709
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Keller Williams Realty