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    2 NW Verbena 002 Dr

    Desert Hot Springs, CA 92240
    • $964,000
    • STATUS: Active
    • ON SITE: 269 days
    • ID#: 20-549032
    UPDATED: 192 min ago
    $964,000
    • 0
      BEDS
    • 2.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Opportunity Zone Property. 2.500 Acre (mineral water) Parcel (120-125 degrees at a depth of 300ft). With an unobstructed view of beautiful San Jacinto Mountains. The property (APN 642-081-002). Spa Hotel or Residential up to 14 units, homes, per acre. In April the General plan may increase the density of homes to 15 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, the 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. All four lots are available for sale.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-25T23:42:21.757. 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. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/102770785
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    2 NW Verbena 002 Dr Desert Hot Springs, CA 92240

    • Price: $964,000
    • Status: Active
    • Updated: 192 min ago
    • ID#: 20-549032
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.5
    Acres
    Neighborhood:
    Desert Hot Springs
    County:
    Riverside
    Area:
    Desert Hot Springs
    Elementary School:
    Cabot Yerxa Elementary
    Middle School:
    Painted Hills Middle
    High School:
    Desert Hot Sprngs High
    Property Description
    Opportunity Zone Property. 2.500 Acre (mineral water) Parcel (120-125 degrees at a depth of 300ft). With an unobstructed view of beautiful San Jacinto Mountains. The property (APN 642-081-002). Spa Hotel or Residential up to 14 units, homes, per acre. In April the General plan may increase the density of homes to 15 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, the 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. All four lots are available for sale.
    Exterior Features

    Horse YN No Lot Size Area 108900 Topography Flat View Description Mountains View YN Yes

    Property Features

    Cable YN Yes Electric In Street Hoa Fee1 0.00 Land Lease Type Fee Sale Type Standard Sewer Public Hookup Available Source Lot Size Area Vendor Enhanced Water District Zoning O1

    Listing provided courtesy of Alizabeth James DRE#01945214 of United Real Estate Los Angeles.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-25T23:42:21.757. 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. Properties may or may not be listed by the office/agent presenting the information.
     
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    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377