Active
89 Ololo Ln
Fredericksburg TX, 78624
$1,950,000
$928.57 per sqft
Active
2,100 sqft
Commercial
Built in 2020
Welcome to Ololo, a natural sanctuary just miles from Downtown Fredericksburg, where four beautifully appointed cabins are thoughtfully situated around a magical, giant cedar tree. These income-producing short-term rentals were built in 2020 and have been successful from Day One. Behind the private, gated entrance, visitors find the peace that comes with acreage. Each unit includes a bedroom, bathroom with tile shower, a private hot tub, outdoor shower, and a front porch with seating. Every cabin is unique, eclectically decorated, luxuriously appointed, and all furnishings can convey. Professionally managed by Porch Light Hospitality and ready for turnkey investment, the business includes two maintenance buildings that make housekeeping a breeze. Ololo sits on 6 acres of unrestricted land giving the new owner the ability to add more units, RV slips, or your dream house. Dedicated well and septic. Additional adjacent acreage and a historic 4,100-SF rock house are also available for sale. Just 2.6 miles from the Gillespie County Airport (T82) with a 5,000 ft. long runway. Financials available upon request after client has seen the property.
1795683
MLSⓇ ID
July 24, 2024
Listed
November 22, 2024
Updated
Map
89 Ololo Ln
Fredericksburg TX, 78624
School Information
School District
Fredericksburg
Other Property Details
Area Name
3100
Taxes
$3,372
Tax Frequency
Annually
Days on Market
103
Garage
No
Parking Total
6
View
No
County
Gillespie
Pool
No
Zoning
0
Listing History
Date | Event | Price |
---|---|---|
10/24/2024 | Price change | $1,950,000 -3% |
8/8/2024 | Price change | $2,000,000 -15% |
Courtesy of Adrianne Frost, Phyllis Browning Company
Listing Contact: (210) 627-1000
Source: ©2024 San Antonio Board of Realtors
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. All rights reserved.
Data last updated 5:58 AM UTC, 11/22/2024