1 Mission Lakes Boulevard

Desert Hot Springs, CA 92240

$24,950,000

List Price

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Property 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.

Listing Information

List Price $24,950,000
Status Active
MLS 219117858DA
Type Land
Lot Size 6,969,600
Structure Size N/A
DOM 58
Courtesy Of The Hoffman Company
Listing Agent Erik Christianson DRE#01475105

Interior Features

Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Erik Christianson, The Hoffman Company (949) 910-7337. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.