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$ 2,950,000
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20 Acres Lot
$ 2,950,000
Est. payment | /mo
20 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219117841DA
HOA Y/N Yes
Lot Size 20.000 Acres
Property Description
'DESERT VIEW/MOUNTAIN VIEW 20-ACRE HOT WATER RESORT' is a prime developable land property 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). The 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. Potential buyers/developers should also consult with the city of Desert Hot Springs to see whether the city will apply the benefits of its Spa Revitalization Program to new construction. The Spa Revitalization Program allows operational spa properties that undergo renovations to apply to have 100% of the net increase in monthly transient occupancy tax waived for up to two years.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Fireplace No
Exterior
View Y/N Yes
View Mountain(s), Panoramic
Building
Sewer Unknown
Water Well
Others
Senior Community No
Tax ID 642060017
Acceptable Financing Lease Option
Listing Terms Lease Option
Special Listing Condition Standard
Listed by Erik Christianson • The Hoffman Company
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Jennifer Lucero
Broker Associate | Lic# 01956495