Desert View Avenue

Desert Hot Springs, CA 92240
$2,995,000
20.00 acres | #219045324DA
Courtesy of The Hoffman Company

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).
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  • Property Details
    • Property
      • View:CityLights, Hills, Mountains
    • Measurements
      • Acres:20
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Other, Unknown
  • Community and Neighborhood Details
    • Community
      • Subdivision:Not Applicable-1
    • Location
      • County:Riverside
  • Financial Details
    • Pricing Details
      • Original List Price:$3, 999, 999
  • Other
    • Source
      • MLS #:219045324DA

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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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