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Desert View Ave - Rare 20-Acre Mineral Hot Springs Resort Land
20 Acres of Commercial Land Offered at $2,995,000 in Desert Hot Springs, CA 92240
Investment Highlights
- PANORAMIC MOUNTAIN & VALLEY VIEWS
- BUILD 5-STAR RESORT IN AFFLUENT AREA OF DESERT HOT SPRINGS
Executive Summary
Property Facts
| Price | $2,995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hotel |
| No. Lots | 1 | Total Lot Size | 20.00 AC |
| Property Type | Land | Cross Streets | Mountain View Road |
| Price | $2,995,000 |
| 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 | $2,995,000 | Lot Size | 20.00 AC |
| Price Per AC | $149,750 |
| Price | $2,995,000 |
| Price Per AC | $149,750 |
| Lot Size | 20.00 AC |
Zoned Hotel/Hot Water Resort with existing hot water well! PRICE REDUCED FROM $4.195M to $2.995M FOR RARE PROPERTY! 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)
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
| Parcel Number | 642-060-017 | Improvements Assessment | $0 |
| Land Assessment | $120,722 | Total Assessment | $120,722 |
PROPERTY TAXES
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Desert View Ave - Rare 20-Acre Mineral Hot Springs Resort Land
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