12921 Tamar Drive, Desert Hot Springs, CA

$5,450,000

Previous Next

21

Beds

21

Baths

11,257

Square feet

About 12921 Tamar Drive

Amazing down-to-the-studs renovated Hospitality investment opportunity; Introducing The Onsen Hotel, the highest-rated and best-reviewed hotel in beautiful Desert Hot Springs California! This #1 ranked hotel on Trip Advisor is adult-only and pet-friendly with several other unique amenities including Mineral Water spa packages, deluxe breakfast, and a bevy of room & bed options to choose from. The Hotel, Spa space, pool, and 21 current rooms have been fully renovated and finished with unique luxury finishes sure to please every discerning guest, and the next owner has the option to alter the offering and create 2 additional rooms for increased Revenue and NOI. The purchase also comes with the adjacent lot to be developed to spec with its own mineral water well, allowing the next owner to develop additional rooms, a separate spa facility, or anything else you can imagine. Desert Hot Springs Values continue to rise as the market is edged out of Palm Springs proper, come get your hands on this great hospitality property before its too late!

Features of 12921 Tamar Drive

MLS® # 219120939
Price $5,450,000
Bedrooms 21
Bathrooms 21.00
Full Baths 21
Square Footage 11,257
Acres 0.00
Year Built 1960
Type Residential Income
Status Active

Community Information

Address 12921 Tamar Drive
Area 340 - Desert Hot Springs
Subdivision Not Applicable
City Desert Hot Springs
County Riverside
State CA
Zip Code 92240

Amenities

Parking Spaces 24
Parking Guest, Total Uncovered/Assigned Spaces
View Desert, Mountain(s), Pool, Valley
Has Pool Yes
Pool In Ground, Private

Interior

Heating Central
Cooling Air Conditioning, Central Air
Fireplace No

Exterior

Lot Description 0.87

Additional Information

Days on Market 140
Zoning R-4
Short Sale No
RE / Bank Owned No

Listing Details

AgentAdam Gilbert
OfficeThe Firm Brokerage

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?