0 N Verbena Street
Desert Hot Springs, CA 92240

Description

Desert Hot Springs...the next Economic Boom-Town of the Coachella Valley. This beautiful 2.27 Acre Hot Water Parcel (120-125 degrees at a depth of 300ft), corner lot located on the positive slope of the Northeast Corner of Hacienda and Verbena, with total frontage of 662 feet of street frontage on Hacienda and Verbena. With unobstructed South-Westerly view scape of the West end of Coachella Valley and cascading San Jacinto Mountains and valley pass are backdrops for some spectacular sunsets. The property is zoned Residential/Visitors-Service-High Density(R /VS - H). This zoning is for a Hot Water Spa or Hotel or Residential up to 14 units, homes, per acre. Power on site. Please note that this parcel "must be sold" in conjunction with the adjacent 2.27 acre parcel (APN 642-081-004) which is to the East of this property. For a total of 4.54 acres with a total of 662 feet of street frontage. Both parcels have the same asking price $875,000 for a total of $1,750,000.

Details

MLS#13703095PS
Sub-TypeResale
StatusActive
Days On Site41

Features

ZoningR/VS-H
Acreage4.54
Property ViewYes

Market Activity 92240

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Area Information

StateCA
CountyRiverside
CityDesert Hot Springs
Zip Code92240
Area340 - Desert Hot Springs
Listing VS Median (in 92240)
Price:
$875,000
low | high
Med:
$179,000
100% of Average
On Site:
41
low | high
Med:
24.5
100% of Average
Listing Updated: 02/14/2019
MLS Number: 13703095PS
Listing Provided By:
Alex Bias  of  Desert Local Realty
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