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Desert View Ave - REDUCED! 20Ac Mineral Hot Springs Resort Land 20 Acres of Commercial Land Offered at $2,250,000 in Desert Hot Springs, CA 92240

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INVESTMENT HIGHLIGHTS

  • PANORAMIC MOUNTAIN & VALLEY VIEWS
  • BUILD 5-STAR RESORT IN AFFLUENT AREA OF DESERT HOT SPRINGS

EXECUTIVE SUMMARY

PRICE NOW REDUCED FURTHER FROM $2.995M to $2.25M! (FOR ALL CASH & QUICK CLOSE BUYERS ONLY). RARE OPPORTUNITY TO LAND GRAB RARE IRREPLACEABLE PROPERTY FOR A WHOLESALE PRICE. SELLER SAYS SELL IMMEDIATELY - ACT FAST BEFORE GONE! '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. Potential City Tax Incentives* (Buyer Verify). 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 FACTS

Price $2,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hotel
Total Lot Size 20.00 AC
Cross Streets Mountain View Road

1 LOT AVAILABLE

Lot

Price $2,250,000
Price Per AC $112,500.00
Lot Size 20.00 AC

Zoned Hotel/Hot Water Resort with existing hot water well! PRICE NOW REDUCED FURTHER FROM $2.995M to $2.25M - FOR ALL CASH & QUICK CLOSE! WHOLESALE PRICE FOR RARE IRREPLACEABLE PROPERTY! Potential City Tax Incentives* (Buyer Verify)

DESCRIPTION

“DESERT VIEW/MOUNTAIN VIEW 20-ACRE HOT WATER RESORT” is considered 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 hot water well (194 degree water – possibly the hottest in town). 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 irreplaceable 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. 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
642-060-017
Land Assessment
$125,598
Improvements Assessment
$0
Total Assessment
$125,598
  • Listing ID: 20119110

  • Date on Market: 7/1/2020

  • Last Updated:

  • Address: Desert View Ave, Desert Hot Springs, CA 92240

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