SUNSET RIDGE offers a rare approved Specific Plan on 160+/- Gross Acres (not all developable) located within in the City of Desert Hot Springs within minutes of Downtown Palm Springs. The previous Tentative Tract Map was approved for 5,500 to 16,000 sf. lots however the low density residential zoning allows up to 5DU/acre which in theory could yield as many as 800+/- potential units (Buyer to Verify). This opportunity is ideal for a build-for-rent developer, or homebuilder. With panoramic mountain range views to the north, west, and east in the near the hills of North-West Desert Hot Springs, home price premiums or rents are expected. Sunset Ridge falls within the attendance boundaries of the Palm Springs Unified District and is located near the Painted Hills Middle School & Bella Vista Middle School. The subject property is located east west of Mission Lakes Golf Course (semi-private), and just north-east west of the recently opened Mission Lakes Retail Center. In summary, Sunset Ridge is an attractive locale for families, retirees, and vacation / second home buyers seeking spacious but affordable living on traditional (or potential smaller) lot sizes with ample access to outdoor recreational activities.
Property Details
Property Features
Listing Office:
Office Name: The Hoffman Company
Office Phone: (949) 553-2020
Listing Agent: Erik Christianson
Exterior Features
Exterior Information:
View: Mountain(s), Panoramic
Lot Features
Lot Information:
Lot Size: 160.00 Acres
Other
Directions Information:
Directions: Take exit 117 for CA-62 toward 29 Palms/Yucca Valley, Turn right onto Pierson Blvd., Turn left onto Karen Ave., site will be on the right, after 11th Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $24,950,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Desert Hot Springs, CA.
This property is $24.5M 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: #219117858DA
Listing Office:
Office Name: The Hoffman Company
Office Phone: (949) 553-2020
Listing Agent: Erik Christianson
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: 11/15/2024, 5:20:51 PM 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.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$124.5K
Per Month
Principal & Interest
$124.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$74.8K
Powered By
Advertisement
NMLS#3030
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
Bella Vista Elementary School
65750 Avenida Jalisco
Distance between this listing and this school1.35 miles
Public District Grades KG-5
3
/10
Two Bunch Palms Elementary School
14250 West Dr
Distance between this listing and this school2.57 miles
Public District Grades KG-5
5
/10
Cabot Yerxa Elementary School
67067 Desert View Ave
Distance between this listing and this school2.88 miles
Public District Grades KG-5
Nearby Schools
3
/10
Painted Hills Middle School
9250 Sonora Dr
Distance between this listing and this school1.16 miles
Public District Grades 6-8
2
/10
Desert Springs Middle School
66755 Two Bunch Palms Trl
Distance between this listing and this school3.06 miles
Public District Grades 6-8
4
/10
Raymond Cree Middle School
1011 E Vista Chino
Distance between this listing and this school9.04 miles
Public District Grades 6-8
Nearby Schools
3
/10
Desert Hot Springs High School
65850 Pierson Blvd
Distance between this listing and this school1.32 miles
Public District Grades 9-12
7
/10
Palm Springs High School
2401 E Baristo Rd
Distance between this listing and this school10.91 miles
Public District Grades 9-12
3
/10
Mt. San Jacinto High School
30800 Landau Blvd
Distance between this listing and this school10.99 miles
The neighbors living near this home have an average income of $53,737. Typical income of Desert Hot Springs, CA residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1 Mission Lakes Blvd
What is the listing price of this property?
The listing price of 1 Mission Lakes Blvd property is $24,950,000.
What type of property is this?
The property 1 Mission Lakes Blvd is land located in Desert Hot Springs, California, 92240.
Is this property for sale now?
Active Listing: 1 Mission Lakes Blvd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1 Mission Lakes Blvd is 160.00 acres.
Interested in 1 Mission Lakes Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1 Mission Lakes Blvd in Desert Hot Springs, CA and zip code 92240. This home sits on a 160.00 acre lot. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $24,950,000.
Over 11 listings were sold over their listed price in October 2024 in Desert Hot Springs, CA. In the same period over 14 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Desert Hot Springs, CA between September 2024 and October 2024 increased by 10%. While the average time on the market in October 2024 was 52 days, the median list price was $393,216.
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. 
PGA/LPGA
PGA/LPGA
Soccer
NASCAR
Stein Mart
Old Navy
Dollar General
Bob Evans
Jimmy Johns
Cracker Barrel
Lincoln
GMC
Ram
News/Talk/Information
New Country
Classic Country