$1,950,000
SOLD APR 22, 2025

2960 La Posada Way Julian, CA 92036

17 Beds
15 Baths
13,000 Sq Ft
7.8 Acres

Recently Sold

$150 Per Sq Ft

44% Below List Price

245 Days on Market

Highlights

  • Parking available for a boat
  • Barn
  • View of Trees or Woods
  • Detached Guest House
  • Dance Studio
  • 7.8 Acre Lot

About This Home

As of April 2025

VERY UNIQUE OPPORTUNITY - sold in as is condition - LIVE ON SITE AND OWN A DREAM PROPERTY. This is a non-conforming zoned property being used as a Lodge and Wedding facility and can continue to operate per Sections 6850+ of the Zoning Ordinance SD COUNTY.. Zoned Rural Residential makes this property perfect for a homeowner with a large family or bed and breakfast. The current use is a Lodge with restaurant/bar and wedding facility. The current use is in good standing with SD COUNTY. Nestled in the premier Pine Hills section of the Julian mountain area, the Pine Hill Retreat offers an unparalleled opportunity to own a sprawling property, perfect for a large families, multi generational living, bed and breakfast, hotel operator, event planner, or wellness retreat. Originally built in 1900s as the Pine Hill Lodge, this historic property features a large building (referred to as “The Barn”) now transformed into a stunning venue for indoor events. With 10 rooms across four outbuildings and 7 rooms in the main lodge, the property is perfectly suited for hosting weddings, performances, and other large-scale events.The restaurant and bar has amazing potential to attract a wider audience while listing the 17 rooms as a bedrooms or hotel stays could generate substantial income. The Barn, besides hosting weddings, has potential for a dinner theater revival or could be used for corporate and holistic events. The Pine Hill Retreat is not just a property but a gateway to multiple lucrative ventures in a breathtaking location. Additional features to know about this property - Formerly owned by world heavyweight champion boxer Jack Dempsey, Incredible location in the upscale Pine Hills enclave of Julian, Perfect for hosting a robust schedule of events, performances, and retreats, includes 11 total parcels (7.80 acres), Fully operational home kitchen or restaurant and tavern included onsite, Included with the sale price is one of only three hard liquor licenses in Julian (C-47 License).

Last Agent to Sell the Property

Billy Long

Balboa Real Estate, Inc Brokerage Phone: 310-663-1177 License #01982858 Listed on: 07/31/2024

Balboa Real Estate, Inc

Co-Listed By

Marissa Bartolo

Balboa Real Estate, Inc Brokerage Phone: 310-663-1177 License #02140495

Last Buyer's Agent

Susana Mora

Coldwell Banker West License #01444176

Coldwell Banker West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1920

Lot Details

  • 7.8 Acre Lot
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • 289-420-07, 289-420-08, 289-420-09, 289-420-10, 289-420-11, 289-420-16, 289-420-17, 289-420-19, 289-420-20, 289-420-21
  • Property is zoned RR

Property Views

  • Woods
  • Mountain
  • Hills
  • Valley

Home Design

  • Turnkey

Interior Spaces

  • 13,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Game Room
  • Dance Studio
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 17 Bedrooms | 10 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 40 Car Direct Access Garage
  • 40 Open Parking Spaces
  • Parking Available
  • Circular Driveway
  • Gravel Driveway
  • Driveway Level
  • Unpaved Parking
  • Guest Parking
  • Parking Lot
  • Parking available for a boat
  • RV Access or Parking

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Wrap Around Porch
  • Wood patio
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Farming

  • Barn

Utilities

  • Cooling Available
  • Heating Available
  • Heavy Electric
  • 220 Volts
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Julian Subdivision

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 1393
  • Assessor Parcel Number 2894201800
  • $166 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: CELL PHONE
  • Other Phone Number: 310-663-1177
  • Property Attached: No
  • Subdivision Name Other: Julian
  • View: Yes
  • Zoning: RR
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2894201800
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 13000.00 Square Feet
  • Interior Amenities: Open Floorplan, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Disability Features, Parking, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 11
  • Full And Three Quarter Bathrooms: 11
  • Half Bathrooms: 4
  • Total Bedrooms: 17
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Retreat, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 14
  • Main Level Bedrooms: 10
  • Price Per Square Foot: 150.00
  • Room Type: Bonus Room, Dance Studio, Den, Entry, Family Room, Foyer, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Barn(s), Gazebo, Guest House Detached, Outbuilding, Shed(s), Storage, Two On A Lot, Workshop
  • View: Hills, Mountain(s), Trees/Woods, Valley
  • Patio And Porch Features: Covered, Patio Open, Rear Porch, Wood, Wrap Around
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Boat, Circular Driveway, Direct Garage Access, Driveway, Gravel, Unpaved, Driveway Level, Guest, On Site, Parking Space, RV Access/Parking, Uncovered
  • Total Parking Spaces: 40.00
  • Uncovered Spaces: 40.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Electric: 220 Volts, Heavy
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Julian High School

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 289-420-07, 289-420-08, 289-420-09, 289-420-10, 289-420-11, 289-420-16, 289-420-17, 289-420-19, 289-420-20, 289-420-21
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level, Yard
  • Lot Size Sq Ft: 339768.00
  • Lot Size Acres: 7.8000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7.8000 Acres
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 209.04
  • Tax Lot: 100
  • Tax Tract Number: 1393
  • TaxOtherAnnualAssessmentAmount: 166.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
May 27, 2025
Sold by
Mora Susana
Bought by
Nakhshab Soheil
Seller's Agent
Billy Long
Balboa Real Estate, Inc
Buyer's Agent
Susana Mora
Coldwell Banker West
List Price
$3,499,000
Sold Price
$1,950,000
Premium/Discount to List
-$1,549,000
-44.27%
Views
260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Outstanding Balance
$2,325,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 31, 2024
Closed on
May 23, 2025
Sold by
Nakhshab Soheil
Bought by
Ndd On La Posada Way Llc
Seller's Agent
Billy Long
Balboa Real Estate, Inc
Buyer's Agent
Susana Mora
Coldwell Banker West
List Price
$3,499,000
Sold Price
$1,950,000
Premium/Discount to List
-$1,549,000
-44.27%
Views
260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Outstanding Balance
$2,325,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 2, 2021
Sold by
Sherman Richard C and Sherman Karen A
Bought by
Way 2960 La Posada

Purchase Details

Closed on
Jul 1, 2021
Sold by
Sherman Richard C
Bought by
Trademark Venues Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,082,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2021
Sold by
Sheldon Terry Lee and Sheldon Hanna
Bought by
Sherman Richard C and Sherman Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,082,500
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed -- None Available
Deed -- Chicago Title
Grant Deed $2,400,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,325,000 Construction
Previous Owner $2,082,500 Commercial
Previous Owner $190,000 Unknown
Previous Owner $180,000 Commercial
Previous Owner $80,000 Commercial
Previous Owner $582,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $1,950,000 -18.8% $150 / Sq Ft
03/25/2025 03/25/25 Price Changed $2,400,000 -17.2% $185 / Sq Ft
02/10/2025 02/10/25 Price Changed $2,900,000 -17.1% $223 / Sq Ft
11/09/2024 11/09/24 For Sale $3,499,000 +79.4% $269 / Sq Ft
11/05/2024 11/05/24 Off Market $1,950,000 -- --
10/29/2024 10/29/24 Price Changed $3,499,000 -12.5% $269 / Sq Ft
07/31/2024 07/31/24 For Sale $3,999,000 -- $308 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,021 $175,827 $76,989 $98,838
2023 $1,984 $172,380 $75,480 $96,900
2022 $2,416 $211,940 $122,987 $88,953
2021 $2,385 $207,785 $120,576 $87,209
2020 $2,358 $205,655 $119,340 $86,315
2019 $2,319 $201,623 $117,000 $84,623
2018 $2,310 $197,670 $114,706 $82,964
2017 $811 $193,795 $112,457 $81,338
2016 $2,219 $189,996 $110,252 $79,744
2015 $2,186 $187,143 $108,596 $78,547
2014 $2,144 $183,478 $106,469 $77,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24157618

California Regional Multiple Listing Service (CRMLS)

APN: 289-420-10