
Property Attributes
- MLS#0022123027
- TypeIncome
- CountyRIVERSIDE
- CityDesert Hot Springs
- AreaDesert Hot Springs
- Zip92240
- Style
- Price$ 4,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10897
- Lot Size0.76 Acres
Data Source:
California Desert Association of REALTORS® (CDAR)
Property Description
NEW TO MARKET: 10 room hotel luxuriously built in 2015; all ten rooms equipped with a private patio and natural hot mineral spring water spa. Recently installed five electric vehicle charging stations. This is an excellent value-add investment opportunity (ex. AirBNB, corporate events, banquet, group retreat, private use, etc.) in Desert Hot Springs, CA just waiting for a creative investor to make their entrepreneurial dreams come true. As Health & Wellness Tourism is set to explode in the upcoming post-pandemic era this excellent opportunity to purchase a natural mineral hot spring hotel is available. The hotel has a beautiful mineral water pool and hot tub. The natural hot springs that flow into the pool and spa are known to be the finest mineral waters in the world, rejuvenating for the body and mind promoting wellness on all levels. Hotel is located in Desert Hot Springs which is a small desert community with shops, restaurants, and options for outdoor activities. There are six golf courses in Desert Hot Springs. 11 mile drive to Palm Springs, 12 miles from Palm Springs International Airport and 20 miles from Palm Desert. Plenty of options for shopping, eating, golfing, site seeing(Cabot's Pueblo Museum, Joshua Tree, etc.) and relaxation all within 20 miles of the property.
Price History | |
---|---|
1/31/2022 | Listed $5,000,000 |
1/14/2023 | 20% - $4,000,000 |
General Features
Association Y/N | No |
---|---|
City | Desert Hot Springs |
Cooling | Central Air |
County | Riverside |
Heating | Central |
Lot Size Square Feet | 33106.0 |
MLS Area | 340 - Desert Hot Springs |
Net Operating Income | 0.0 |
New Construction | Yes |
Property Type | C |
Security Features | Automatic Gate |
Senior Community Y/N | No |
Standard Status | Active |
Status | Active |
Street Name | LA SALLE |
Virtual Tour | https://my.matterport.com/show/?m=WmToG1Hw4sY |
Year Built | 2015 |
Year Built Source | Other |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Street Suffix | Road |
Total Stories | 1 |
Window Features | Blinds, Drapes |
Exterior Features
Buyer Agent Compensation | 2.50 |
---|---|
Buyer Agent Compensation Type | % |
Living Area | 10897.0 |
Building Area Total | 10897.0 |
Land Lease Type | Fee |
Lot Size Acres | 0.76 |
Lot Size Area | 33106.0 |
Lot Size Units | Square Feet |
Numberofunitsbuildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool