A Depression-era lodge in Los Gatos has hit the market for $100 million.
The 128-room Los Gatos Lodge at 50 Los Gatos-Saratoga Road is open to offers north of $100 million, the San Francisco Business Times reported, citing unidentified sources. The price comes out to $781,250 per room.
The 46,000-square-foot lodge, built in 1936, sits on 10 acres at the end of Highway 9, where it abuts Highway 17, north of a high school athletic field.
The Los Gatos Lodge has been owned by Half Moon Bay developer Keet Nerhan since at least 1996, according to public records.
The two-story lodge, located in the foothills of the Santa Cruz Mountains, includes a 5,000-square-foot meeting hall for banquets, corporate events, or weddings, in addition to a bar-and-grill.
The wood-beamed hotel also has an outdoor pool and a fitness center. Rooms start at $154 a night, according to Kayak.
The Business Times also reports a luxe hotel listing in Sonoma County.
Vintner’s Resort, a 78-room hotel among the vineyards of Santa Rosa, has listed off-market for “a potential $50 million,” according to the newspaper, at a suggested price of $641,025 per room.
The 31,600-square-foot hotel, built in 1984, sits among 92 acres of vineyards in Russian River Valley and is home to farm-to-table restaurant John Ash & Company, the Front Room Bar & Lounge and the on-site Vi La Vita spa.
– Dana Bartholomew