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April 17, 2021
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Murrieta Hot Springs Campus Offered for Sale

2/08/21

The historic Murrieta Hot Springs Christian Conference Center and Bible College Campus, a 43-acre campus with lodging and educational facilities in southwest Riverside County, has been put on the market. The property, located at 39401 Murrieta Hot Springs Road near the I-15/I-215 interchange, is zoned for civic or institutional land use and offered in its current condition.

The gated campus is fully developed with approximately 279k sf of infrastructure including 38 buildings, a dozen lodges with 248 rooms that can accommodate up to 1,200 overnight guests, two large auditoriums, two commercial kitchens and spacious dining halls. There are high-tech classrooms, meeting spaces, administrative offices and 741 parking spaces.

The grounds are manicured with walkways meandering through lush vegetation, a scenic fishing lake and numerous outdoor recreational amenities including nine tennis courts and a newly renovated sports field. Original to the property are natural hot springs that feed into a large pool, five soaking spots and a secluded Roman spa.

Justin Esayian of The Hoffman Company is handling the exclusive listing. An asking price was not given out.

“This is one of the most remarkable properties available today in the Inland Empire,” Esayian said. “Given its unique history, the scale, scope and excellent condition of its facilities and the beautiful landscaping, we expect a lot of interest from a broad range of potential buyers, including educational, medical, hospitality, religious and senior housing organizations.”

“Part of what makes this property so special are all the uses and improvements you get in one place: natural hot springs, the ability to lodge large numbers of guests, numerous indoor and outdoor meeting and dining spaces, recreational amenities and all within a mature, lush and beautifully manicured setting,” Esayian says.

Developed into a luxury health retreat in 1902, the resort attracted locals, travelers, celebrities and even a vegetarian commune before falling into disrepair in the 1980s. It came back to life in 1995, when Calvary Chapel of Costa Mesa purchased the site and invested $38 mil to restore, upgrade and expand it into a Christian conference retreat center and Bible College Campus. The church’s decision to sell the historical landmark this year was prompted by a shift in focus for the Church, only exacerbated by the closure of its facilities since last March under COVID-19 restrictions.

Given the tight supply of land in Southern California along with strong home sales and aggressive competition among homebuilders, Esayian expects some offers to redevelop all or part of the site into new housing with mixed-use retail. But based on the already high level of interest, even before it was officially on the market, he thinks multiple buyer types will be interested in repurposing the existing campus.

The natural hot springs, soaking pools and recreational opportunities make the property ideal for senior housing or long-term rehabilitative care, he said, and converting the property back to a resort with a wellness focus would be a clear fit for a hospitality operator. Various religious organizations and churches have also shown interest in acquiring the site to serve as global or regional headquarters, while also being utilized to serve as a campus for K-12 schooling and higher education.





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