The Applegate River Lodge was sold for $2.5 million in 2019.
The Applegate River Lodge, a historic property located in southern Oregon, was sold in 2019 for $2.5 million. The lodge, which has been a popular destination for travelers and events, changed ownership as part of a real estate transaction that attracted attention in the local community.
Key Features of the Applegate River Lodge
- Historic building with rustic charm
- Located near the Applegate River
- Popular for weddings and events
- Restaurant and bar facilities
Comparison of Lodge Sale Prices in Oregon
| Lodge Name | Location | Sale Price | Year Sold |
|---|---|---|---|
| Applegate River Lodge | Applegate, OR | $2.5 million | 2019 |
| Breitenbush Hot Springs | Detroit, OR | $10.5 million | 2017 |
| Wolf Creek Inn | Wolf Creek, OR | $1.5 million | 2015 |
Factors Influencing Lodge Sale Prices
- Location and proximity to attractions
- Historical significance
- Size and amenities of the property
- Condition and potential for renovations
- Local real estate market trends
Impact of the Sale on the Local Community
The sale of the Applegate River Lodge had various effects on the local community:
- Potential for new business opportunities
- Changes in local tourism dynamics
- Possible improvements or renovations to the property
- Interest from potential buyers and investors