This Land Property is no longer advertised on LoopNet.com.

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

Property Facts

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.

Property Taxes

Property Taxes

Parcel Number
664-020-001
Land Assessment
$464,798
Improvements Assessment
$0
Total Assessment
$464,798
  • Listing ID: 13811681

  • Date on Market: 9/17/2018

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}