1 Mission Lakes Boulevard Desert Hot Springs CA 92240 MLS #219117858DA

1 Mission Lakes Boulevard
Desert Hot Springs, CA, 92240
$24,950,000
Beds
0 Baths
SqFt
160 Acres
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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.

Property Details

Price:
$24,950,000
MLS #:
219117858DA
Status:
Active
Baths:
0
Address:
1 Mission Lakes Boulevard
Type:
Land
City:
Desert Hot Springs
Listed Date:
Oct 5, 2024
State:
CA
ZIP:
92240
Lot Size:
6,969,600 sqft / 160.00 acres (approx)
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