Listed by Erik Christianson - DRE #01475105 - The Hoffman Company 949-553-2020
$24,950,000 affordable loan icon Calculate Payment

1 Mission Lakes Boulevard Desert Hot Springs, CA 92240

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Land Residence
Beds
Baths
Sq. Ft.
160 Acre Lot

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Last updated on 11/15/2024 10:40 AM
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 zonin...g 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. Continue reading
MLS#
219117858DA
Property Type
Land
Status
Lot Size
160
Sewer
Other

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Listed by Erik Christianson - DRE #01475105 - The Hoffman Company 949-553-2020
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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