‘Jurassic Retreat’ in Washington on sale for $1.29M as lucrative revenue property
A Washington-based property that provides short-term visitors a roaring good time is for sale.
The Jurassic Retreat at 61 Joy Lane in the town of Washougal has been listed for sale for $1.299 million by Louise “Lou” James, real estate broker with Cascade Hasson Sotheby’s International Realty, which is a full-service real estate company based in the north -western Pacific. .
Set on 2.03 acres, the Jurassic Retreat features a three-bedroom, two-bathroom single-family home that was built in 2020 and measures 2,166 square feet, according to the property’s website.
In a phone interview on Tuesday, Nov. 1, James told FOX Business that the Jurassic Retreat was a lucrative real estate investment.
“The ideal buyer would be looking for a short term rental,” James said. “There are bookings through next year so anyone interested in the property could inherit all of those bookings which is really important.”
The seller is “a huge dinosaur lover” who “thought it would be really cool to make a vacation location“, but now he is ready to move on to new projects, according to James.
Visitors to the Jurassic Retreat are welcomed into a immersive space with the property’s theatrical gates, pathways, tall trees, and motion-controlled life-size dinosaurs.
The property is fully furnished with custom contemporary decor and dinosaur details that pay homage to the 1993 film “Jurassic Park”.
The Jurassic Retreat also includes a jeep so that visitors have the opportunity to explore their surroundings.
Other amenities include an office, beamed loft, freestanding stove island, stainless steel appliances, bamboo flooring, vaulted ceilings, hot tub, tool shed, dog playpen and proximity to natural wonders including the Washougal River and Dougan Falls. .
Like a rental propertythe Jurassic Retreat comfortably accommodates eight to 10 people for overnight stays.
Property tax would be $812 per year and there is a homeowners association (HOA) fee of $25 per month, according to the Jurassic Retreat listing website.
A cleaning company and maintenance of the Jurassic Retreat are integrated, James told FOX Business.
James noted that she had already sold the property twice.
“The math works even though it looks quite expensive compared to when it was originally sold,” James said. “[But] that’s really not the case if you’re doing the math on income.”
James listed the Jurassic Retreat on October 26, 2022, according to the property’s Multiple Listing Service (MLS) number.
There is already great interest in the property, according to James.
Next year the first Movie “Jurassic Park” directed by Steven Spielberg will celebrate its 30th anniversary.
“It’s a great time to own a Jurassic retreat,” James told FOX Business.
The film franchise is based on science fiction novels written by Michael Crichton, including “Jurassic Park” (1990) and “The Lost World” (1995).
To find more information about the Jurassic Retreat, visit thejurassichome.com/.