There are multiple listings for this address:
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
See this Listing
Mortgage Calculator
Map
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Courtesy of Desert Local Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Palm Springs, Coachella Valley, and High Desert. Detailed information about real estate listings held by brokerage firms other than Leaskou Partners, Inc include the name of the listing broker. Neither the listing company nor Leaskou Partners, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Palm Springs, Coachella Valley, and High Desert. All rights reserved.
0 Hacienda Avenue
Desert Hot Springs, CA
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
Mortgage Calculator
Map
Similar Listings Nearby
- 0 Hacienda & Mesquite 9
Desert Hot Springs, CA$1,100,000
1.01 miles away
- 0 Palm Dr & Camino Idilio
Desert Hot Springs, CA$990,000
1.83 miles away
- 0 Don English Way
Desert Hot Springs, CA$980,000
1.25 miles away
- 21 AVE Street
Sky Valley, CA$849,000
0.75 miles away
- 4 Palm
Desert Hot Springs, CA$799,000
1.43 miles away
- 9200 Casa Grande Drive 374
Desert Hot Springs, CA$789,494
1.59 miles away
- 1 Verbena
Desert Hot Springs, CA$750,000
0.87 miles away
- 0 Sky Ridge
Desert Hot Springs, CA$685,000
0.76 miles away
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