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14501 Verbena Drive - Desert Rose 14.02 Acres of Residential Land Offered at $1,499,000 in Desert Hot Springs, CA 92240

INVESTMENT HIGHLIGHTS

  • High Density Residential Land
  • Centrally Located in Desert Hot Springs
  • Utilities to site
  • Previously Approved for 194 Townhomes

EXECUTIVE SUMMARY

This 14-acre +/- property was previously approved for 194 Units 'Desert Rose' TTM-14.02 Acres Zoned HDR, High Density Residential allowing up to 30 dwelling units per acre. Many amenities are located nearby, Library, Medical, Schools, Shopping, Dining, Post Office and more.

ATTACHMENTS

14.02 AC_Desert Hot Springs_KR_SS_OM
SVLQ
Chapter 17.08 RESIDENTIAL DISTRICTS
Atlas Sheets - Sewer
Atlas Sheets - Water
RH Zoning- Permitted Uses

PROPERTY FACTS In Escrow

Price $1,499,000 Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
Sale Type Investment Total Lot Size 14.02 AC
No. Lots 1 Cross Streets Verbena Drive
Property Type Land Zoning H-R - multiple-unit residential at a min. of 20 up to 30 dwelling units per acre
Property Subtype Residential
Price $1,499,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
Total Lot Size 14.02 AC
Cross Streets Verbena Drive
Zoning H-R - multiple-unit residential at a min. of 20 up to 30 dwelling units per acre

1 LOT AVAILABLE

Lot

Price $1,499,000 Lot Size 14.02 AC
Price Per AC $106,918.69
Price $1,499,000
Price Per AC $106,918.69
Lot Size 14.02 AC

Generally Flat Land in the heart of Desert Hot Springs, CA. Utilities at site in street. This property is surrounded by multi-family housing, school, library, medical, dining and shopping.

DESCRIPTION

Located to the east of Palm Drive in Desert Hot Springs. Utilities located at/near subject property in street. Call MSWD for more information on this (utility map attached to this listing). Desert Hot Springs is a vibrant, growing, and innovative City that represents California's legacy of exploration and discovery. The first City in Southern California to legalize cannabis, Desert Hot Springs embraces and empowers business owners from many industries. At the same time, it offers many enticing qualities for entrepreneurs and residents alike. The City of Desert Hot Springs is committed to becoming a world class health and wellness destination based upon its famous miracle waters, unique desert ecosystem, spectacular mountain views, and natural environment.

LINKS

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PROPERTY TAXES

Parcel Number 656-040-032 Improvements Assessment $0
Land Assessment $3,349,470 Total Assessment $3,349,470

PROPERTY TAXES

Parcel Number
656-040-032
Land Assessment
$3,349,470
Improvements Assessment
$0
Total Assessment
$3,349,470
(760) 409-1532

CONTACT

  • Kate Rust
    Kate Rust

  • Listing ID: 31396272

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 14501 Verbena Drive, Desert Hot Springs, CA 92240

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14501 Verbena Drive - Desert Rose
(760) 409-1532 x

14501 Verbena Drive - Desert Rose

Kate Rust

(760) 409-1532

(760) 409-1532

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