Verbena Drive, Desert Hot Springs

$964,000

0 Beds
0 Baths
2½ Acres
0 Garages

Attn. Developers - Opportunity Zone Property. 2.500 Acre (mineral water) Parcel (120-125 degrees at a depth of 300ft). 335 feet on Hacienda. With an unobstructed View of beautiful San Jacinto Mountains. The property (APN 642-081-001). Spa Hotel or Residential up to 14 units, homes, per acre. In April the General plan may increase the density of homes per acre. (Build 28-30 townhomes with individual private spas for each property) Utilities, roads, sewage accessible. This property is also in the New Market Tax Credit Zone. If application is accepted, developer will receive 39% per million spent within a 7-year time frame. 2 adjacent lots are available for sale as well. This city is exploding. Mike Tyson Broke ground on 420 acres for a new development of Cannabis resort, amphitheater, glamcamps, the longest lazy river in the world, 5.4 miles away from this property.

Essential Information
MLS® #20545326
Price$964,000
Acres2.50
TypeLot-Land
Sub-TypeLots and Land
StatusActive
Community Information
AddressVerbena Drive
AreaDesert Hot Springs (340)
CityDesert Hot Springs
CountyRiverside
StateCA
Zip Code92240
Amenities
ViewMountain View
Additional Information
Land TypeFee
Date ListedJanuary 15th, 2020
Days on Market73
ZoningO1
Listing Details
AgentAlizabeth James(01945214)
OfficeUnited Real Estate Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of March 28th, 2020 at 10:36pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.