Gold-mining Californian settlement Belden listed for $4.75 million: Hotel, cabins, restaurant included
The entire California settlement of Belden, a tiny outpost in the Feather River Canyon, has hit the market for $4.75 million, offering a buyer a hotel, cabins, restaurant, bar and other properties along with a history tied to gold mining.
The four-acre property in Northern California includes an 18-room hotel, seven guest cabins, 16 RV spaces, a full-service restaurant and bar, outdoor event areas and the owner’s residence, according to the New York Post.
Belden is an unincorporated community in Plumas County with around 15 residents, according to SFGate. The settlement is being sold by 87-year-old Ivan Coffman, who first came to the area in 1970 while looking for gold.
Coffman discovered gold in the Feather River near Belden and eventually abandoned his career in masonry to settle in the area. He bought the declining settlement in 1989 and gradually turned it into a tourist destination.
Belden has also appeared in Cheryl Strayed’s memoir Wild, which recounts her journey along the Pacific Crest Trail.
While the property is being marketed with its gold-mining history, the sale itself covers the existing town infrastructure and hospitality businesses rather than simply a piece of land being offered as a gold prospect.
Coffman is now looking for a buyer to take over the unusual Northern California property after nearly six decades in the area, as reported by the New York Post.
The TOI Real Estate Desk