
Property Attributes
- ID#219038731PS
- TypeLand
- CountyRIVERSIDE
- CityDesert Hot Springs
- AreaDesert Hot Springs
- NeighborhoodNot Applicable-1
- Zip92240
- Style
- Price$ 998,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.27 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
This a one of two adjacent primo 2.27 acres [4.54 acres total] frontage parcels; 668 ft. on the positive slope of the northside of Hacienda Ave and 303 ft. on Verbena Dr.; for a 270 Southwesterly view scape of Coachella Valley: San Jacinto Mountains and the entrance to the San Gorgonio Pass. Both parcels are zoned R-VS-H [Residential/Visitors-Service-High Density] Hot water spa, Hotel, or 14 Residential units] with 120-125 mineral springs at a depth of 300 ft., and utilities up to property. With a variance-of-use [petition City to amend General Plan] 56 to 60 townhomes on the two lots. Noting that a precedence has be set as the City Council granted Hacienda Hills development a variance of used to build 60 townhomes [completed 08/31/2009] within the 642-081-parcel block. Extra! Desert Hot Springs has been designated an Opportunity Zone [developers can defer or eliminate capital gain taxes up to 39% per million tax credit over 7 years], the California Business and Economic development Go-Biz initiative is offering income tax credit to business], and these parcels are in that opportunity zone. Albeit, this 4.54 acres represents unmatched Economic Opportunity for an astute developer!
Price History | |
---|---|
2/2/2022 | Listed $998,000 |
General Features
Additional Parcels Description | APN 642-081-004 |
---|---|
Association Y/N | Yes |
Listing Agent | Alex Bias - BRE#00710180 |
Listing Agent State License | 00710180 |
Lot Size Square Feet | 98881.2 |
MLS Area | 340 - Desert Hot Springs |
Property Type | Land |
Senior Community Y/N | No |
Sewer | Unknown |
Special Listing Conditions | Standard |
Status | Active |
Subdivision Name | Not Applicable-1 |
Utilities | Electricity Available, Natural Gas Available, Sewer Available |
View | Mountain(s), Panoramic |
Zoning | 1TT9FEEJ3YTV |
Exterior Features
Lot Dimensions | 332' x 303' x 303' x 331' |
---|---|
Lot Size Acres | 2.27 |
Lot Size Area | 2.27 |
Lot Size Source | Assessor |
Lot Size Units | Acres |
View Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool