Mission Lakes Blvd. Boulevard, Desert Hot Springs, CA

$24,950,000

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About Mission Lakes Blvd. Boulevard

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.

Features of Mission Lakes Blvd. Boulevard

MLS® # 219078907
Price $24,950,000
Bathrooms 0.00
Acres 0.00
Type Land
Status Active

Community Information

Address Mission Lakes Blvd. Boulevard
Area 340 - Desert Hot Springs
Subdivision Not Applicable
City Desert Hot Springs
County Riverside
State CA
Zip Code 92240

Amenities

Has Pool No

Interior

Fireplace No

Exterior

Lot Description 160

Additional Information

Days on Market 794
Short Sale No
RE / Bank Owned No

Listing Details

AgentErik Christianson
OfficeThe Hoffman Company

Listing Map

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