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ESCONDIDO - The deal in which the Castle Creek Inn was sold at auction for $2.8 million earlier this month will likely close by the beginning of December.
The buyer, a woman from San Diego, preferred to remain anonymous. However, she indicated Castle Creek will continue to operate as a resort, according to representatives from National Auction Group, Inc. in Gadsden, Ala., which conducted the proceedings.
The four-acre, 30-guestroom Bavarian-style resort was built in 1985 by infamous local financier J. David Dominelli, who was imprisoned for swindling investors out of millions in the late 1980s.
The property has two ballrooms, two meeting rooms and extensive spa facilities, including saunas and massage and oil therapy studios, four...