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31276220
31276221

O Verbena, Desert Hot Springs, CA 92240

SE
01332676
$685,000
9 days on market
Updated 9 days ago

Verbena DR. Spa Zone * 5 acres

Details
Property Type Land
Sub Type Residential, Affordable Housing Tax Credits (+1)
Acreage 2.500
Zoning VS
Sale Condition For sale by owner

Land | 2.5 acres

Marketing description

1031 Eligible! Welcome to your own oasis in the heart of the luxurious Spa Zone! Nestled on a sprawling 2.5-acre parcel, this property is a coveted gem boasting a high-value mineral water source, bubbling at a toasty 122 degrees at a remarkable depth of 300 feet. Your private retreat awaits, surrounded by the tranquility of a residential neighborhood, with the added perk of being close to Cabot Yerxa Elementary School, infusing the air with youthful energy. Enjoy the perfect blend of exclusivity and community, as this visitor-serving commercial, residential-zoned haven allows for a harmonious balance of privacy and social connection. With a potential for 14 Multi-family homes per acre, spa hotel or reconstructive surgery recovery villas. The adjacent 3 parcels are also available giving a developer 9.54 acres to develop their vision in a vibrant, neighborly community flourishing around your haven. Reduced priced at a remarkable $685,000, this slice of paradise is not just an investment; it's a gateway to a lifestyle of serenity, sophistication, and endless possibilities. Don't miss the chance to make this unparalleled sanctuary yours! Call now to unlock the door to your dream escape. Buyer responsible for due diligence and 1031 compliance.

Investment highlights

  • Prime Visitor-Serving Opportunity — 2.5 acres zoned VS-C, permitting up to 14 multi-family units per acre, boutique hotel, spa resort, or reconstructive surgery recovery villas.

  • Geothermal Mineral Water Asset — On-site well at three hundred feet, delivering one hundred twenty-two-degree therapeutic water—rare premium feature boosting wellness tourism value (properties with similar wells command twenty to fifty percent higher pricing).

  • Turnkey Infrastructure — Predominantly flat with vegetation - easy clear out. with brand-new paved streets, sidewalks, curbs, and public utilities in street—ready for immediate permitting and build-out.

  • Strategic Location — One block from shopping, mountain views for appeal, endless Coachella Valley sun—high-demand area for spa and recovery retreats.

  • Exceptional Value — Priced at six dollars twenty-nine cents per square foot—under market for mineral-enhanced VS-C land (comps average one to five dollars, premiums push higher for geothermal). Adjacent parcels available for scaled expansion.

Listing Contacts

SE
01332676

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