14
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$399,999
Est. payment /mo
6.9 Acres Lot
Price Dropped by $50K
0 Mountain View RD Desert Hot Springs, CA 92240
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25172672MR
Lot Size 6.900 Acres
Acres 7.0
Property Description
6.9-Acre Development Opportunity in Desert Hot Springs, CA Calling all investors and individuals, & developers! This is a PROBATE. NO COURT CONFIRMATION NEEDED! This rare 6.9-acre parcel is zoned R-M (Residential Medium Density) under the City of Desert Hot Springs zoning ordinance, permitting residential development at approximately 20 units per acre That means the property supports a maximum of 138 units (6.9?acres 20 units/acre), offering significant upside in the current housing market. In conjunction with combating the local housing shortage, this flexible site positions developers to deliver much-needed housing options. Features: Zoning: R-M, allowing up to 20 multifamily units/acre. Site Area: 6.9 gross acres ideal for high-density development or creative site planning. Estimated Yield: 41 to 138 units depending on density bonuses or unit size. Located within Desert Hot Springs, known for its award-winning natural hot mineral water aquifer. On a main street with utilities in the street. Important: Buyers should perform their own due diligence regarding infrastructure, water and sewer capacity, environmental constraints, site access, and development conditions. Also check out the new California zoning laws.
Location
State CA
County Riverside
Area Desert Hot Springs
Zoning O1
Exterior
Community Features Valley
View Y/N Yes
Building
Water Public, See Remarks
Others
Special Listing Condition Probate Listing
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