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

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