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0 Desert View Avenue

Desert Hot Springs, CA 92240
  • $4,195,000
  • STATUS: Active
  • ON SITE: 775 Days
  • ID#: 219045324DA
$4,195,000
  • 0
    BEDS
  • 21.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Erik Christianson of The Hoffman Company (949-553-2020)


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. Outright Sale -OR- Long Term Land Lease for $17k per month.**Triple net lease with annual cost of living increases and lessee to also pay brokers' commissions, and all expenses associated with the property, including taxes and insurance. Suggested lease term of 34 years so as not to trigger property tax reassessment under California law. 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T00:27:12.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/107418756
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0 Desert View Avenue Desert Hot Springs, CA 92240

  • Price: $4,195,000
  • Status: Active
  • On Site: 775 Days
  • ID#: 219045324DA
0
Beds
0
Baths
0
½ Baths
21.14
Acres
Neighborhood:
Not Applicable-1
County:
Riverside
Area:
340 - Desert Hot Springs
Property 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. Outright Sale -OR- Long Term Land Lease for $17k per month.**Triple net lease with annual cost of living increases and lessee to also pay brokers' commissions, and all expenses associated with the property, including taxes and insurance. Suggested lease term of 34 years so as not to trigger property tax reassessment under California law. 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.
Exterior Features

Parking Total 0 View City LightsHillsMountain(S) View YN Yes

Property Features

Association YN Yes Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Listing Terms Submit Senior Community YN No Sewer OtherUnknown Special Listing Conditions Standard



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T00:27:12.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Erik Christianson of The Hoffman Company (949-553-2020)