Reposo Way, Desert Hot Spri, CA 92240 - PW22210393

Listing ID : PW22210393

Lot Size
8,276 Sqft

Description

Imagine having your own spa and being renewed with hot mineral springs of up to 150 degrees of pure relaxation and warmth. This is an amazing builder/investor opportunity in the city of Desert Hot Springs. A prime 8,276 SF corner lot with frontage on Reposo & Oro Lomo and within the center of the Geothermal Mineral Water Boundaries. This is one of four lots that must be purchased all together. The other adjoining lots are 8,276 SF, 9,147 SF, and 8,276 SF and border Reposo Way & Oro Lomo for a total of 33,975 SF. The seller has two additional lots (0.40 acres) across the street totaling 17,424 SF. The seller has a total of six parcels for sale all zoned VS-M (Visitor Serving Mixed) and designated as the Spa Zone of Desert Hot Springs. With this rare zoning, you have multiple possibilities that can include a restaurant, hotel or motel, spa resort, daycare center, residential care facility, residential, & schools both private and trades. The parcels are in a great location being across the street from The Good House and The Spring Resort & Spa. An ideal location close to spas, hotels, motels, shopping & the main parts of Desert Hot Springs. This district is intended to provide areas appropriate for accommodations, goods, and services intended to serve primarily visitors to the City. Also allowed are detached and attached residential uses at a maximum density of 20 dwelling units per acre. Either commercial or residential development is allowed, but not concurrently on the same property.

Details

Type: Land Sale

County: Riverside

Tax ID: 642124001

Days on Market: 247

Property Type: Land Sale

Sub Type: Unimproved Land

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Reposo Way, Desert Hot Spri, CA 92240
Directions to here from: 155 mi

Area Information 92240

Population:

42,127 Up .15% since 2010

Average Income:

$60,445

Average Age:

34Years

Gender:

50.48%Male
49.52%Female

Households:

13,84331.23% with children

Average Value:

$371,039

Occupancy:

54.2%Owned
45.8%Rented
10.16%Vacant

Education:

28.38%High School
7.8%Associate
9.6%Bachelor
6.2%Graduate

Average Residency:

21Years

Crime Rate:

Above Average

Annual Rainfall:

8.29Inches

Earthquake Risk:

Very High

Hurricane Risk:

Very Low

Ozone Risk:

Average

Pollution Risk:

Average

Tornado Risk:

Very Low

Wind Risk:

Very Low

History

Date	Transaction	Price	Mortgage Amt & Lender
Date Sep 28, 2022	Transaction Active - LandPW22210393	Price $100,000	Mortgage Amt & Lender - -
Date Sep 28, 2022	Transaction Active - LandPW22210400	Price $100,000	Mortgage Amt & Lender - -
Date Mar 19, 2022	Transaction Expired - LandPW21059773	Price $200,000	Mortgage Amt & Lender - -
Date Mar 19, 2022	Transaction Expired - LandPW21059966	Price $100,000	Mortgage Amt & Lender - -
Date Mar 19, 2022	Transaction Expired - LandPW21059988	Price $100,000	Mortgage Amt & Lender - -

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Listed by Jon Perez with First Team Real Estate

Office: 888-603-IPRO

Reposo Way - $100,000