Approved Specific Plan Residential Development
For Sale
$24,900,000
2 Karen Avenue, Desert Hot Springs, CA 92240
Approved residential specific plan land in Desert Hot Springs with low-density density limits for potential single-family development.
Property SizeContact for details
Lot Size160.00 Acres
Days on Market409
Property Features for 2 Karen Avenue
General Information
Standard status
Active
Lot size
160.00 Acres
Property subtype
Land
Additional Details
Highway Access
Yes
Listing Agency:
The Hoffman Company
(949) 553-2020
Listed By:
Erik Christianson · License #01475105
Source:
Rawsonteam
Added: Jun 29, 2025
Changed: Aug 8
Last Checked: Aug 8 at 3:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Hoffman Company
Investment Insights
Based on property information with market context.
Sunset Ridge presents approved Specific Plan entitlement for residential development on 160+/- gross acres, with not all acreage described as developable. The previously approved Tentative Tract Map contemplated lots ranging from 5,500 to 16,000 square feet. The low-density residential zoning allows up to 5 DU/acre, which may support a higher unit count subject to verification by the buyer.
The property is located within the City of Desert Hot Springs, within minutes of Downtown Palm Springs. Sunset Ridge is described as being near Painted Hills Middle School and Bella Vista Middle School, east/west of Mission Lakes Golf Course (semi-private), and just north-east of the Mission Lakes Retail Center. The site is positioned for panoramic mountain range views to the north, west, and east, as it sits near the hills of North-West Desert Hot Springs.
This offering is well suited for developers and homebuilders pursuing build-for-rent or traditional residential development under an approved plan. With access to regional services and employment throughout the Coachella Valley, the property is also described as being approximately 10 miles from Palm Springs and about 5 miles to Interstate 10. The remarks further note that projected home prices are expected to fall within FHA financing limits and that the city qualifies for zero down USDA new home financing, subject to buyer verification.
The property is located within the City of Desert Hot Springs, within minutes of Downtown Palm Springs. Sunset Ridge is described as being near Painted Hills Middle School and Bella Vista Middle School, east/west of Mission Lakes Golf Course (semi-private), and just north-east of the Mission Lakes Retail Center. The site is positioned for panoramic mountain range views to the north, west, and east, as it sits near the hills of North-West Desert Hot Springs.
This offering is well suited for developers and homebuilders pursuing build-for-rent or traditional residential development under an approved plan. With access to regional services and employment throughout the Coachella Valley, the property is also described as being approximately 10 miles from Palm Springs and about 5 miles to Interstate 10. The remarks further note that projected home prices are expected to fall within FHA financing limits and that the city qualifies for zero down USDA new home financing, subject to buyer verification.
Key Highlights
- Approved residential Specific Plan for 160+/- gross acres in the City of Desert Hot Springs (not all developable)
- Previous Tentative Tract Map approved for 5,500 to 16,000 SF lots
- Low‑density residential zoning allows up to 5 DU/acre (buyer to verify potential unit yield)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved residential specific plan land in Desert Hot Springs with low-density density limits for potential single-family development.
Where is this residential land & home lot located?
The property is located at 2 Karen Avenue Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $24,900,000.
What are key features of this property?
This property features: Approved residential Specific Plan for 160+/- gross acres in the City of Desert Hot Springs (not all developable); Previous Tentative Tract Map approved for 5,500 to 16,000 SF lots; Low‑density residential zoning allows up to 5 DU/acre (buyer to verify potential unit yield)
