$2,995,000
For Sale

Desert View Avenue

Desert Hot Springs, CA 92240
20.00 acres | #219045324DA
Listing OfficeThe Hoffman Company
Browse 18 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

PRICE REDUCED FROM $4.195M to $2.995M! 'DESERT VIEW/MOUNTAIN VIEW 20-ACRE HOT WATER RESORT LAND FOR PRIME 4/5 STAR-HOSPITALITY, WELLNESS RESORT, OR SHORT-TERM/VACATION RENTAL DEVELOPMENT'. This irreplaceable property is a prized developable land property given that is it known to the be the largest single parcel with hotel zoning (zoned 'VS' - Hotel/Hot Water Resort) in the city; and is also within the Hot Mineral Springs Zone with an existing rare hot water well (194 degree water - possibly the hottest in town). New Reports & Studies now available include: Topo, ALTA Survey, Geotechnical Report, Phase 1 Report, and Conceptual Site Plan for 100-Unit Hotel plus up to 28 Casitas and a 6,000 s.f. Spa. The subject property is located in the most desirable area of Desert Hot Springs and has spectacular views of the surrounding adjacent hills & Mt. San Jacinto. This rare property sets itself apart from the competition, and offers a peaceful and tranquil setting for a one-of-a-kind hot water resort. Attractions nearby include Cabot's Pueblo Museum, and spectacular hiking trails nearby and not far in Joshua Tree, and with only a 10 minute drive to Palm Springs. Outright Sale -OR- Long Term Land Lease for $17k per month.* (Contact Agent for Details).

  • Property Details
      • ViewCityLights, Hills, Mountains
    • Measurements
      • Acres20
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationOther, Unknown
  • Community and Neighborhood Details
      • SubdivisionNot Applicable-1
    • Location
      • CountyRiverside
  • Financial Details
      • Original List Price$3,999,999
  • Other
      • MLS #219045324DA

Location

Pam and Carson Real EstateReal Estate Group
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years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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