1 Mission Lakes Boulevard
Desert Hot Springs, CA 92240
160.00 acres | #219117858DA
Description
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
- ViewMountains, Panoramic
- SubdivisionNot Applicable-1
- Original List Price$24,950,000
- MLS #219117858DA
- MLS #219117858DA
- CountyRiverside
- Property TypePurchase
- Cost24950000
- Sewer InformationOther
- Property SubtypeLand
- Acres160
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Erik Christianson (#CDAR-D77771)
Listing Office: The Hoffman Company (#CDAR-oD21915)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
