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- LoopNet Team
Karen Ave
Desert Hot Springs, CA 92240
Land For Sale
·
160.00 AC

Property Facts
| Property Type | Land | Total Lot Size | 160.00 AC |
| Property Subtype | Residential | Cross Streets | Mission Lakes Boulevard |
| Zoning | LDR | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 160.00 AC |
| Cross Streets | Mission Lakes Boulevard |
| Zoning | LDR |
Description
Desert Hot Springs, located just north of Palm Springs, includes some of the best elevated mountain views in the valley. Also, known as the “Spa” City because it is built over one of the world’s finest natural hot mineral water aquifers. Desert Hot Springs has traditionally experienced surges in residential growth when the neighboring city of Palm Springs becomes un-affordable for the conventional home buyer (which is occurring now). Sunset Ridge is located adjacent to the partially built Skyborne Masterplan (a former DR Horton development) with 178 homes completed so far. The subject property is situated only 7.5 miles north of the city of Palm Springs proper. The neighboring city of Palm Spring is currently enjoying unprecedented development growth, homebuyer demand, and record setting home pricing. This is primarily due to a diverse buyer profile seeking new home product near growing amenities and is additionally fueled by the revitalization of downtown Palm Springs. Market experts are now suggesting that because of the lack of affordable homes and available land in booming Palm Springs, Desert Hot Springs will begin to see an increase in home buyer and home builder demand. Sunset Ridge will also provide the future builder the opportunity to offer reasonably priced product, 35% - 60% lower than what the City of Palm Springs could offer. The city of Desert Hot Springs has a population of over 28,000 people and includes amenities such as the Mission Lakes Golf Course, Health & Wellness Center, Boy’s & Girls Club, Two Bunch Palms Resort, and Desert Hot Springs Spa Hotel. New retail (Walmart & Mission Lakes Marketplace) & schools (Painted Hills Middle School) have recently opened or are about to commence construction. Additional shopping & entertainment is located ten miles to the west at the Cabazon Outlets & Morongo Casino, or 7.5 miles to the south in the City of Palm Springs.
Links
Property Taxes
| Parcel Number | 664-020-001 | Improvements Assessment | $0 |
| Land Assessment | $464,798 | Total Assessment | $464,798 |
Property Taxes
Listing ID: 13811681
Date on Market: 9/17/2018
Last Updated:
Address: Karen Ave, Desert Hot Springs, CA 92240
The Land Property at Karen Ave, Desert Hot Springs, CA 92240 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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