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Desert Hot Springs Development Opportunity

Mission Lakes Blvd, Desert Hot Springs, CA 92240

For Sale
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160-acre approved specific plan near Palm Springs.

Property SizeContact for details
Lot Size160.00 Acres
Days on Market1639

Property Features for Mission Lakes Blvd

General Information

Standard status Active
Lot size 160.00 Acres
Property subtype Land
Listing Agency: Hoffman Company
Listed By: Erik Christianson · License CA #01475105
Source: Crexi
Added: May 17, 2022 Changed: Oct 25 Last Checked: Oct 25 at 10:36PM

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 Hoffman Company

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Investment Insights

Based on property information with market context.

This 160± gross acre property, known as Sunset Ridge, features an approved specific plan within the City of Desert Hot Springs, offering proximity to downtown Palm Springs. The previous tentative tract map was approved for lots ranging from 5,500 to 16,000 square feet. The low-density residential zoning allows up to 5 dwelling units per acre, theoretically yielding as many as 800± potential units, which the buyer should verify. This opportunity is suited for a build-for-rent developer or homebuilder. The location offers panoramic mountain range views to the north, west, and east, near the hills of northwest Desert Hot Springs. Sunset Ridge is within the attendance boundaries of the Palm Springs Unified District, near Painted Hills Middle School and Bella Vista Middle School. The property is located east-west of Mission Lakes Golf Course and northeast-west of the recently opened Mission Lakes Retail Center. Desert Hot Springs is known as one of the few affordable cities within the Coachella Valley, located in the desirable and more accessible West Coachella Valley near Highway 62, minutes from Palm Springs and a short distance to Beaumont and Banning. The City of Desert Hot Springs is part of a rapidly growing new home market and has benefited from a robust job growth rate. The location is positioned to meet the growing demand from working and mature households seeking affordable ownership opportunities given its proximity to the Los Angeles MSA. Located just 10 miles from Palm Springs and only 5 miles to Interstate 10, the property is easily accessible to services, jobs, and entertainment throughout Palm Springs and the rest of the Coachella Valley, as well as major employment centers in Riverside, San Bernardino, and Los Angeles.

Key Highlights

  • Approved specific plan on 160± acres in Desert Hot Springs, minutes from Palm Springs.
  • Low‑density residential zoning allows for potential development of up to 800± units (buyer to verify).
  • Panoramic mountain range views to the North, West, and East.

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 160-acre approved specific plan near Palm Springs.
Where is this residential land & home lot located?
The property is located at Mission Lakes Blvd Desert Hot Springs, CA.
What are key features of this property?
This property features: Approved specific plan on 160± acres in Desert Hot Springs, minutes from Palm Springs.; Low‑density residential zoning allows for potential development of up to 800± units (buyer to verify).; Panoramic mountain range views to the North, West, and East.
(949) 910-7337 Call to check price and availability
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