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0 Hacienda Avenue

Desert Hot Springs, CA 92240

– beds
– baths
– sqft
~2 acre lot

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. As the city of Desert Hot Springs continues to grow in appeal, so does the property value of this one of the few remaining 4.54 acres parcels on the left on the positive (North) side of the Hacienda Avenue. That provides an unobstructed 180 degrees Southwestern view of Coachella Valley (overlooking the North Palm Spring, White Water, and the San Gorgonio Mountains and Mountain Pass). These 4.54 acres can support 60 luxury view condominiums. Additionally, if the two 2.27 acres south adjacent parcels are acquired (under separate ownership), the additional 4.54 Acres (total of 9.8 acres) would be 120 condominiums.

Listing courtesy of DAMLS / Desert Local Realty

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# 219038692 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

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New Construction:

No
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Door Features:

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Security Features:

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Patio And Porch Features:

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Accessibility Features:

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Basement:

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Foundation Details:

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Skirt:

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Body Type:

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Mobile Length:

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Mobile Width:

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Interior

Rooms Total:

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Furnished:

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Entry Location:

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Interior Features:

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Flooring:

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Fireplaces Total:

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Fireplace:

No
Fireplace Features:

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Laundry Features:

None

Room Dimensions

Living Area:

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Living Area Source:

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Location

Directions:

None
Cross Street:

Verbena and Hacienda
Latitude:

33.947273
Longitude:

-116.479569

The Property

Property Type:

Land
Property Subtype:

None
Property Condition:

None
Lot Size Area:

98881.0
Lot Size Acres:

2.27
Lot Size SqFt:

98881.2
Lot Size Dimensions:

334' x 303' x 302' x 332'
Lot Dimensions Source:

None
Lot Size Source:

Other
Zoning:

None
Zoning Description:

Assessor
Current Use:

Unimproved
Possible Use:

Residential
View:

City Lights, Mountain(s), Panoramic
View:

true
Parcel Number:

642-081-003
Additional Parcels:

true
Property Attached:

No
Water Body Name:

None
Waterfront:

No
View:

Yes
Other Structures:

None
Road Frontage Type:

City Street

Listing Agent

Contact info:

Taxes

Tax Legal Description:

None

Beds

Bedrooms Total:

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Baths

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Three Quarter Baths:

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Half Baths:

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Partial Baths:

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Quarter Baths:

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The Listing

Home Warranty:

No
Disclosures:

None

Heating & Cooling

Heating:

None
Heating:

None
Cooling:

None
Cooling:

None

Utilities

Utilities:

Electricity Available, Natural Gas Available
Utilities -Natural Gas Available:

true
Electric:

None
Sewer:

Unknown
Sewer:

true

Appliances

Appliances:

None

Schools

Elementary School:

Cabot Yerxa
Elementary School District:

None
Middle Or Junior School District:

None
High School:

Desert Hot Springs
High School District:

Palm Springs Unified

The Community

Subdivision Name:

Not Applicable
Park Name:

None
Gated Community:

No
Senior Community:

false
Senior Community:

No
Community Features:

None
Spa:

false
Spa Features:

None
Pool:

No
Pool Private:

false
Pool Features:

None
Pets Allowed:

None
HOA:

No
Association:

false
Association Name:

None
Association Amenities:

None
Association Fee:

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Association Fee Includes:

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Association Fee Frequency:

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Association Fee 2:

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Association Fee 2 Frequency:

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Cap Rate:

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# of Units In Community:

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Parking

Garage Spaces:

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Attached Garage:

None
Carport Spaces:

None
Covered Spaces:

None
Parking Total:

None
Parking Features:

None
Open Parking Spaces:

None

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Sale history

Date	Event	Source	Price	% Change
9/11/24 Sep 11, 2024	Price Changed	DAMLS	$872,102	3.2%
8/29/24 Aug 29, 2024	Price Changed	DAMLS	$845,405	-5.0%
12/11/23 Dec 11, 2023	Price Changed	DAMLS	$889,900	-10.8%

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This land located in Miracle Heights, Desert Hot Springs, CA 92240 is currently for sale for $872,102. 0 Hacienda Avenue is a – square foot land with – beds and – baths. 0 Hacienda Avenue is in the Miracle Heights neighborhood of Desert Hot Springs and has a WalkScore® of 5, making it car-dependent.

Listing Courtesy of: DAMLS and Desert Local Realty.

The information being provided by DAMLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of DAMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.