0 Hacienda Avenue Desert Hot Springs CA 92240 MLS #219038692PS

There are multiple listings for this address:
0 Hacienda Avenue
Desert Hot Springs, CA, 92240
$872,102
Beds
0 Baths
SqFt
2.27 Acres
Unlock the potential of two adjacent primo parcels spanning 4.54 acres (APN 642 081-003 and 004) in the thriving Desert Hot Springs area. Priced at $872,102 each, these parcels combine for a total of $1,744,204. Boasting 668 feet of frontage on Hacienda Ave and 303 feet on Verbena Drive, these parcels are perched on the positive slope of the north side, offering breathtaking 270 panoramic views of the San Jacinto Mountains and the San Gorgonio Pass. Zoned R-VS-H (Residential/Visitor-Service High Density), this land is ideal for hot water spas, hotels, or up to 14 residential units, with access to 120-125 mineral springs just 300 feet underground. Utilities are already in place, providing convenience and flexibility. Even more exciting, this land could host 56-60 townhomes with a variance of use, as seen in the nearby Hacienda Hills development. Take advantage of the Opportunity Zone designation, offering developers potential capital gains tax deferrals or eliminations up to 39% per million in tax credits over 7 years. Strategic Location: Positioned at the western gateway to Coachella Valley, just minutes from the renowned Desert Hot Springs resort spa area and 20 minutes to Palm Springs. With such potential for significant returns, this is an exceptional investment opportunity for the astute developer looking to capitalize on Desert Hot Springs’ booming growth and economic incentives.

Property Details

Price:
$872,102
MLS #:
219038692PS
Status:
Active
Baths:
0
Address:
0 Hacienda Avenue
Type:
Land
City:
Desert Hot Springs
Listed Date:
Feb 10, 2020
State:
CA
ZIP:
92240
Lot Size:
98,881 sqft / 2.27 acres (approx)

Schools

Interior

Exterior

Sewer
Unknown
View
City Lights, Panoramic, Mountain(s)

Financial

Utilities
Electricity Available, Sewer Available, Natural Gas Available

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0 Hacienda Avenue
Desert Hot Springs, CA
0 Hacienda Avenue
Desert Hot Springs, CA, 92240
$872,102
Beds
0 Baths
SqFt
2.27 Acres
Unlock the potential of two adjacent primo parcels spanning 4.54 acres (APN 642 081-003 and 004) in the thriving Desert Hot Springs area. Priced at $872,102 each, these parcels combine for a total of $1,744,204. Boasting 668 feet of frontage on Hacienda Ave and 303 feet on Verbena Drive, these parcels are perched on the positive slope of the north side, offering breathtaking 270 panoramic views of the San Jacinto Mountains and the San Gorgonio Pass. Zoned R-VS-H (Residential/Visitor-Service High Density), this land is ideal for hot water spas, hotels, or up to 14 residential units, with access to 120-125 mineral springs just 300 feet underground. Utilities are already in place, providing convenience and flexibility. Even more exciting, this land could host 56-60 townhomes with a variance of use, as seen in the nearby Hacienda Hills development. Take advantage of the Opportunity Zone designation, offering developers potential capital gains tax deferrals or eliminations up to 39% per million in tax credits over 7 years. Strategic Location: Positioned at the western gateway to Coachella Valley, just minutes from the renowned Desert Hot Springs resort spa area and 20 minutes to Palm Springs. With such potential for significant returns, this is an exceptional investment opportunity for the astute developer looking to capitalize on Desert Hot Springs’ booming growth and economic incentives.

Property Details

Price:
$872,102
MLS #:
219038731PS
Status:
Active
Baths:
0
Address:
0 Hacienda Avenue
Type:
Land
City:
Desert Hot Springs
Listed Date:
Feb 10, 2020
State:
CA
ZIP:
92240
Lot Size:
98,881 sqft / 2.27 acres (approx)

Schools

Interior

Exterior

Sewer
Unknown
View
City Lights, Panoramic, Mountain(s)

Financial

Utilities
Electricity Available, Sewer Available, Natural Gas Available

See this Listing

Send
  

Mortgage Calculator

 

Map

Similar Listings Nearby

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