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PRICE REDUCED FROM $4.195M to $2.995M! 'DESERT VIEW/MOUNTAIN VIEW 20-ACRE HOT WATER RESORT LAND FOR PRIME 4/5 STAR-HOSPITALITY, WELLNESS RESORT, OR SHORT-TERM/VACATION RENTAL DEVELOPMENT'. This irreplaceable property is 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 rare hot water well (194 degree water - possibly the hottest in town). 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. 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 rare 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.* (Contact Agent for Details).
Last Updated | 5/3/2023 | Tract | Not Applicable-1 |
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Community | Desert Hot Springs | County | Riverside |
Price History
Prior to Jun 29, '22 | $3,999,999 |
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Jun 29, '22 - May 3, '23 | $4,195,000 |
May 3, '23 - Today | $2,995,000 |
Additional Details
AREA | Desert Hot Springs |
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LOT | 20 acre(s) |
SEWER | Other,Unknown |
SUBDIVISION | Not Applicable-1 |
VIEW | Yes |
VIEW DESCRIPTION | City Lights,Hills,Mountain(s) |
Location
Contact us about this Property
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