Castle Hot Springs Has Been Sold

March 10, 2014

(Photo by Nadine Arroyo Rodriguez-KJZZ)
The 118 degree natural hot spring at the Castle Hot Springs resort.

A secluded desert resort that entertained many of the country’s wealthiest families has been sold in an auction of the Castle Hot Springs resort.

The 210-acre property northwest of Lake Pleasant was sold for nearly $2 million. CBRE, the company that managed the auction last month, said the Delaware-based company CHS3 purchased the century-old resort.

In the late 1800s, Castle Hot Springs became a secluded getaway for people with tuberculosis and later a private vacation spot for the wealthy. The property has remained closed since the resort’s hotel burned down in 1976.

A previous attempt to sell the land for $6 million failed. CBRE said the new owner has plans to redevelop the property.