Unlock the potential of two adjacent primo parcels spanning 4.54 acres (APN 642 081-003 and 004) in the thriving Desert Hot Springs area. Priced at $872,102 each, these parcels combine for a total of $1,744,204. Boasting 668 feet of frontage on Hacienda Ave and 303 feet on Verbena Drive, these parcels are perched on the positive slope of the north side, offering breathtaking 270 panoramic views of the San Jacinto Mountains and the San Gorgonio Pass. Zoned R-VS-H (Residential/Visitor-Service High Density), this land is ideal for hot water spas, hotels, or up to 14 residential units, with access to 120-125 mineral springs just 300 feet underground. Utilities are already in place, providing convenience and flexibility. Even more exciting, this land could host 56-60 townhomes with a variance of use, as seen in the nearby Hacienda Hills development. Take advantage of the Opportunity Zone designation, offering developers potential capital gains tax deferrals or eliminations up to 39% per million in tax credits over 7 years. Strategic Location: Positioned at the western gateway to Coachella Valley, just minutes from the renowned Desert Hot Springs resort spa area and 20 minutes to Palm Springs. With such potential for significant returns, this is an exceptional investment opportunity for the astute developer looking to capitalize on Desert Hot Springs' booming growth and economic incentives!
Property Details
Property Features
Listing Office:
Office Name: Desert Local Realty
Office Phone: (760) 671-5017
Listing Agent: Alex Bias
Exterior Features
Exterior Information:
View: City Lights, Mountain(s), Panoramic
Lot Features
Lot Information:
Lot Size: 2.27 Acres
Other
Directions Information:
Directions: North on Palm Drive. Turn right (East) on Hacienda. Approx. 3/4 mile, property is on the left corner of Verbena and Hacienda.
Price Information
Listing Price Info
Price Summary:
List Price: $872,102
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Housing Market Comparison
See how this home compares to others in Desert Hot Springs, CA.
This property is $473.7K more than the Median Sold Price in Desert Hot Springs, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #219038731PS
Listing Office:
Office Name: Desert Local Realty
Office Phone: (760) 671-5017
Listing Agent: Alex Bias
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Julius Corsini Elementary School
68750 Hacienda Ave
Distance between this listing and this school0.31 miles
Public District Grades KG-5
4
/10
Bubbling Wells Elementary School
67501 Camino Campanero
Distance between this listing and this school1.50 miles
Public District Grades KG-5
5
/10
Cabot Yerxa Elementary School
67067 Desert View Ave
Distance between this listing and this school1.51 miles
Public District Grades KG-5
Nearby Schools
2
/10
Desert Springs Middle School
66755 Two Bunch Palms Trl
Distance between this listing and this school1.82 miles
Public District Grades 6-8
3
/10
Painted Hills Middle School
9250 Sonora Dr
Distance between this listing and this school3.60 miles
Public District Grades 6-8
5
/10
James Workman Middle School
69300 30th Ave
Distance between this listing and this school8.39 miles
Public District Grades 6-8
Nearby Schools
3
/10
Desert Hot Springs High School
65850 Pierson Blvd
Distance between this listing and this school3.09 miles
Public District Grades 9-12
3
/10
Mt. San Jacinto High School
30800 Landau Blvd
Distance between this listing and this school8.85 miles
Public District Grades 9-12
7
/10
Rancho Mirage High School
31001 Rattler Rd
Distance between this listing and this school9.22 miles
The neighbors living near this home have an average income of $36,154. Residents of Desert Hot Springs, CA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Hacienda Ave
What is the listing price of this property?
The listing price of 0 Hacienda Ave property is $872,102.
What type of property is this?
The property 0 Hacienda Ave is land located in Desert Hot Springs, California, 92240.
Is this property for sale now?
Active Listing: 0 Hacienda Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 0 Hacienda Ave in Desert Hot Springs, CA and zip code 92240. This home sits on a 2.27 acre lot. It has been listed on Rocket Homes since February 03, 2023 and is currently priced at $872,102.
In November 2024, from all listings sold in Desert Hot Springs, CA there were more than 9 sold above asking price, over 14 sold below and more than 7 were sold right at the asked price. In November 2024 in Desert Hot Springs, CA there were 9.6% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $398,375, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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