ODELL LAKE RESORT $4,100,000

Acreage Sale Pending

ODELL LAKE RESORT 21501 E Odell Rd, Crescent Lake, OR

WELCOME to this once in a lifetime Business Opportunity to own a piece of Oregon history. Odell Lake Resort is a year-round paradise perfectly situated at the east end of Odell Lake in the beautiful Deschutes National Forest at the summit of the Willamette Pass (approximately 5,000 ft). Odell is a glacial lake with an average depth of approximately 300'. The water level remains consistent from year to year, and spans 6 miles east~west by 1.5 miles north~south with Trapper Creek, and other smaller streams and springs, naturally feeding it. Odell Creek supplies the lake's outlet and runs majestically through the Resort property as it continues flowing northeast into Davis Lake. The beautiful Diamond Peak Wilderness lies adjacent and provides amazing hiking opportunities to multiple smaller lakes, including Fawn Lake, and easy access to the Pacific Crest Trail.

LOCATION of this mountain resort by vehicle is an easy 75 miles from Eugene by way of Highway 58, 65 miles from Bend, Oregon, and just minutes from Willamette Pass Ski area for snowboarding and downhill skiing. Strategically located on the edge of the resort property is an airstrip, just right for small private planes, which provides additional options for travel in and out. A trip to Odell is a bucket list destination for many travelers near and far. The resort has been host many times to world travelers seeking an authentic Pacific Northwest mountain experience!

ESTABLISHED in 1903, Odell Lake Resort carries a rich history as one of the oldest resorts in Oregon. Guests come to relax and enjoy nature with family and friends with a wide range of amenities and more than enough activities to suit everyone. The resort is absolutely perfect for weddings, reunions, church groups, corporate events and retreats with multiple gathering options.

FISHING at Odell is world-class and home to the state record Mackinaw at 40 1/2 lbs. Odell Lake Resort is host to the annual Mackinaw Derby which focuses on trophy fishing and participation in this well respected Derby continues to increase every year. Kokanee (sockeye salmon) are also plentiful along with native Rainbow Trout and white fish along the shoreline. Fishing guides are available to guests to secure their catch of the day and school them in successfully fishing this amazing lake, and the Tackle Shop carries tackle specifically designed and to set an angler up for success.

The MAIN LODGE consists of a check-in/concessions/rental area, gathering room, a full-service RESTAURANT which seats up to 50 inside, 40 on the lakeview patio and 80 on the deck. There are seven lodge ROOMS, 14 CABINS which sleep 4 to 16 guests each, and a CAMPGROUND with 25 oversized sites; 12 of which are lakeside.

Odell Lake Resort operates 365 days a year under a special use permit from the United States Forest Service and offers an excellent return on investment with a CAP RATE of nearly 12%. There are up to 12 winter employees and approximately 18 summer employees.

ADDITIONAL AMENITIES

Hiking and Biking Trails
50 Slip Marina
Fish Cleaning Station
Marina Gas Pump
Maintenance Garage/Shop
Pole Barn/Building--supplying storage for Boats in winter, Snowmobiles in summer and Stabling of Horses throughout the year
Fenced Horse Corrals
Professionally Groomed Trails for X-Country Skiing, Snowshoeing, Sleigh Rides and Horseback riding
Day use area along Odell Creek for Weddings and Special Events
Employee Housing area

RENTALS

Motor Boats, Canoes, Kayaks, Paddle Boards
Mountain Bikes
Fishing Rods and Tackle
Marina Slips and Guided Fishing
Guided Horseback, Summer Wagon Rides & Winter Sleigh Rides (Owner is happy to discuss options for continuing a horse program. The horses, sleigh & wagon pictured are not included with sale.)
Snowmobiles, X-Country Skis and Snowshoes

Feel free to visit the Odell Lake Resort website and call Listing Agent/Owner, Konni Ditgen, for more information @ . PLEASE do not contact the Resort directly. Thank you!