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Desert View Ave - Rare 20-Acre Mineral Hot Springs Resort Land

20 Acres of Commercial Land Offered at $4,258,890 CAD in Desert Hot Springs, CA 92240

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Investment Highlights

PANORAMIC MOUNTAIN & VALLEY VIEWS

BUILD 5-STAR RESORT IN AFFLUENT AREA OF DESERT HOT SPRINGS

Executive Summary

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. Potential City Tax Incentives* (Buyer Verify). 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).

20 Prime Acres Mineral Hot Springs Development Land 128 Potenial Units & Spa Price Reduced Flyer (Hoffman Exclusive)

Property Facts

Price	$4,258,890 CAD	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	$4,258,890 CAD
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	$4,258,890 CAD	Lot Size	20.00 AC
Price Per AC	$212,945 CAD

Price	$4,258,890 CAD
Price Per AC	$212,945 CAD
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.