Regina del Palazzo $699,000

A magnificent up and running Bed & Breakfast. A real money maker. This 1888 built Italianate home sits high on the hill in beautiful Old Escondido walking distance to downtown restaurants, California Center for the Arts, shopping and sight seeing. 15 minutes to San Diego Safari Park and golf courses. Just 30 minutes to beautiful San Diego county beaches and local Indian casinos. 40 minutes and you are at the famous San Diego Zoo and Sea World.

The two private bedrooms and bath as well as an elegant living room and dining room in this historic home are perfect for your privileged guests. The all remodeled kitchen with top of the line appliances is a delight for those superb breakfasts. The large patio area has a bbq and a six person spa perfect for beautiful Southern California evenings. Views of the west from the swing on the porch make for breezy, summer days.

The separate Inn Keepers quarters has a lovely master bedroom and bath, a very spacious living area, laundry and even optional bedroom or den. It also has wonderful privacy and storage.

A separate one bedroom guest house gives lots of options with its own patio, parking space and laundry in the attached two car garage.

Recent upgrades to electric and plumbing including A/C gives all the convenience of now with the old world charm.

Views of the west from the swing on the porch as well as the patio areas make for breezy, summer days. The beauty of wood flooring, elongated, boxed windows and ornate furnishings makes this Regina del Palazzo - a home with a valuable Mills Act designation.

Details

  • Built in 1888
  • Historic Registry
  • 11 years as B&B
  • Last renovation in 2004
  • MLS #140044732
  • 3 Guest Rooms
  • 2 Guest Bathrooms
  • Lot size: 0.24 acres
  • 3 Parking Spots
  • Has owner's quarters
  • $699,000
  • 60% annual. occ. rate
  • $450.00 avg daily rate
  • $35,000 gross revenue
  • $35,000 room revenue

Listing Agent

Faye Hines, ERA Property Movers
1802 S Escondido Blvd
Escondido, CA 92025

Phone: 760-533-9974
FAX: 760-489-0696
email: fayehines@live.com
The Hines Team

Location

602 S Grape St Escondido, CA 92025

Photos (click to enlarge)

Regina del Palazza - complete with valuable Mills Act designation.
Elegant living room area for your guests. Beautiful all remodeled kitchen with top of the line appliances.
One of the beautiful guest rooms. Large patio area with view of separate guest house in back. 6 person spa to the right.

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