1 Mission Lakes Boulevard, Desert Hot Springs, CA 92240

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 24,950,000

Est. payment | -/mo

160 Acres Lot

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$ 24,950,000

Est. payment | -/mo

Save

160 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219117858DA

HOA Y/N Yes

Lot Size 160.000 Acres

Property Description

SUNSET RIDGE offers a rare approved Specific Plan on 160+/- Gross Acres (not all developable) located within in the City of Desert Hot Springs within minutes of Downtown Palm Springs. The previous Tentative Tract Map was approved for 5,500 to 16,000 sf. lots however the low density residential zoning allows up to 5DU/acre which in theory could yield as many as 800+/- potential units (Buyer to Verify). This opportunity is ideal for a build-for-rent developer, or homebuilder. With panoramic mountain range views to the north, west, and east in the near the hills of North-West Desert Hot Springs, home price premiums or rents are expected. Sunset Ridge falls within the attendance boundaries of the Palm Springs Unified District and is located near the Painted Hills Middle School & Bella Vista Middle School. The subject property is located east west of Mission Lakes Golf Course (semi-private), and just north-east west of the recently opened Mission Lakes Retail Center. In summary, Sunset Ridge is an attractive locale for families, retirees, and vacation / second home buyers seeking spacious but affordable living on traditional (or potential smaller) lot sizes with ample access to outdoor recreational activities.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Fireplace No

Exterior

View Y/N Yes

View Mountain(s), Panoramic

Building

Sewer Other

Others

Senior Community No

Tax ID 664020001

Special Listing Condition Standard

Listed by Erik Christianson The Hoffman Company

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1 Mission Lakes Boulevard Desert Hot Springs, CA 92240