0 Hacienda Avenue

Desert Hot Springs, CA 92240

– beds
– baths
– sqft
~2 acre lot
– on site

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.

Listed By CRMLS_CA / Alex Bias / Desert Local Realty

Last checked: Checking… • Last updated Dec 8, 2024 •

MLS# 219038692PS —

Location

Directions:

North on Palm Drive, turn right (East) on Hacienda. Up approximately 3/4 mile is the vacant land parcels located on the left side of the street, on the corner of Verbena and Hacienda.
Latitude:

33.94727300
Longitude:

-116.47956900

The Property

Property Type:

Land
Zoning:

R-VS-H
Lot Size Area:

98881.0000
Lot Size Dimensions:

334' x 303' x 302' x 332'
Lot Size Acres:

2.2700
Lot Size SqFt:

98881.00
Lot Size Source:

Other
View:

1
View:

City Lights, Panoramic, Mountain(s)
Additional Parcels Description:

642-081-003
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

Not in a Development

The Listing

Special Listing Conditions:

Standard
Parcel Number:

642081004

Utilities

Utilities:

Electricity Available, Sewer Available, Natural Gas Available
Sewer:

Unknown
Water Well:

No

The Community

Subdivision:

Not Applicable-1
Subdivision:

Not Applicable-1
Association:

Yes
Senior Community:

No
Assessments:

Yes

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Sale history

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

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This plot of land located in Miracle Heights, Desert Hot Springs, CA 92240 is currently for sale for $872,102. 0 Hacienda Avenue is a – square foot plot of land with – beds and – baths that has been on Estately for 1,775 days. 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: CRMLS_CA and Desert Local Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:51 on Dec 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.