$100,000

0 Reposo Way

Desert Hot Springs CA, 92240

Description

Imagine having your own spa and being renewed with hot mineral springs of up to 150 degrees of pure relaxation and warmth. This is an amazing builder/investor opportunity in the city of Desert Hot Springs. A prime 8,276 SF corner lot with frontage on Reposo & Oro Lomo and within the center of the Geothermal Mineral Water Boundaries. This is one of four lots that must be purchased together.(The other adjoining lots are 8,276SF, 9,147 SF, and 8,276SF) and borders Reposo Way & Oro Lomo for a total of 33,975SF. Seller has two additional lots (0.40 acres) across the street totaling 17,424SF. Seller has a total of six parcels for sale all zoned VS-M (Visitor Serving Mixed) and designated as the Spa Zone of Desert Hot Springs. With this rare zoning, you have multiple possibilities that can include a restaurant, hotel or motel, spa resort, daycare center, residential care facility, residential, & schools both private and trades. The parcels are in a great location being across the street from The Good House and The Spring Resort & Spa. An ideal location close to spas, hotels, motels, shopping & the main parts of Desert Hot Springs. This district is intended to provide for areas appropriate for accommodations, goods, and services intended to serve primarily visitors to the City. Also allowed are detached and attached residential uses at a maximum density of 20 dwelling units per acre. Either commercial or residential development is allowed, but not concurrently on the same property.

Details

MLS#PW21059966
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site9

Features

ZoningVS-M
Acreage0.19
Water FrontNo
Property ViewYes

Market Activity 92240

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Area Information
StateCA
CountyRiverside
CityDesert Hot Springs
Zip Code92240
Area340 - Desert Hot Springs
Community NameOther (OTHR)
Listing VS Median (in Other (OTHR))
Price:
$100,000
low | high
Med:
$700,000
100% of Average
On Site:
9
low | high
Med:
6
100% of Average
Sourced by Back At You
Listing Updated: April 12, 2021 2:01:44 PM PDT
Jon Perez LogoMLS Number: PW21059966
Listing Provided By:
Jon Perez  of  First Team Real Estate
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