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Friday, August 17, 2018

USA, California: Hot Spring Resort With "Potential for Commercial Geothermal Energy Production" Up for Sale

Historic 1,760-acre Wilbur Hot Springs est. 1865 Hits the Market (News Release)

Northern California's Historic Wilbur Hot Springs, established 1865, a 1,760-acre health retreat with naturally occurring medicinal hot springs including a 1,560-acre Nature Preserve, is now available for the first time in half a century.

Located in Colusa County, the hot springs come from the ground near Bear Creek. The temperature of the springs ranges from 140 degrees to 152 degrees Fahrenheit and has a flow rate of about 30 gallons per minute. It is part of the Western US, Baja, and British Columbia Hot Springs networks, with its elevation is at 1,400 feet.

The property also offers a host of potential commercial income scenarios, including the current health retreat, with a 2017 gross income of $2 million, potential for commercial geothermal and photovoltaic energy production and expansion of Wilbur's existing brand of medicinal bath crystals, medicinal soaps, medicinal facial products, natural laxatives and more.

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