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Build Spa Hotel or 70-Homes on 5-Acres

$750,000

Verbena, Desert Hot Springs, CA 92240

Active
Last Updated: 08/15/2024

2.5 acres

Lot Area

8.88

Price Per Sqft

Details:
Lot Area:    2.5 acres
Price Per Sqft:    $8.88
Zoning:    R-1
Permits:    No
Buildable Area:    108,900 sqft
Highlights:
  • Great flat buildable land
  • Mountains views
  • Opportunity Zone
  • New market Tax credit Zone
  • Spa Zone
  • Hotel Spa or Residential up to 14-15 homes per acre
Description:

Welcome to your own oasis in the heart of the luxurious Spa Zone! Nestled on a sprawling 2.5-acre parcel, this property is a coveted gem boasting a high-value mineral water source, bubbling at a toasty 122 degrees at a remarkable depth of 300 feet. Your private retreat awaits, surrounded by the tranquility of a residential neighborhood, with the added perk of being close to Cabot Yerxa Elementary School, infusing the air with youthful energy. Enjoy the perfect blend of exclusivity and community, as this visitor-serving commercial, residential-zoned haven allows for a harmonious balance of privacy and social connection. With a potential for 14 homes per acre, spa hotel or reconstructive surgery recovery villas. The adjacent 3 parcels are also available giving a developer 9.54 acres to develop their vision in a vibrant, neighborly community flourishing around your haven. Reduced priced at a remarkable $750,000, this slice of paradise is not just an investment; it's a gateway to a lifestyle of serenity, sophistication, and endless possibilities. Don't miss the chance to make this unparalleled sanctuary yours! Call now to unlock the door to your dream escape.

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