Desert Hot Springs, CA 92240,12689 Eliseo Rd
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Desert Hot Springs, CA 92240,12689 Eliseo Rd
Desert Hot Springs, CA 92240,12689 Eliseo Rd
Desert Hot Springs, CA 92240,12689 Eliseo Rd
Desert Hot Springs, CA 92240,12689 Eliseo Rd
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$ 1,975,000
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12689 Eliseo Rd Desert Hot Springs, CA 92240

8 Beds

9 Baths

3,500 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $564

Subdivision Hacienda Heights

MLS Listing ID 26638757

Style Mid-Century

Bedrooms 8

Year Built 1957

Lot Size 1.176 Acres

Acres 1.15

Property Sub-Type Multi-Family

Property Description

Sagewater Hotel and Mineral Springs is a 5-star rated wellness retreat on Google and the #1 ranked hotel on TripAdvisor in Desert Hot Springs - California's renowned Spa City. This award-winning mid-century modern boutique hotel, originally built in 1955, has been thoughtfully renovated to honor its iconic design. Sagewater is one of the last remaining mid-century modern hotels in the area, prime for development, featuring five surrounding vacant lots Zoned Visitor-Mixed Use that offer a rare opportunity to expand into a larger wellness destination. Eight guest rooms plus Office and Laundry Room surround the geothermal pool, offering sweeping desert and San Jacinto Mountain views, with in-room kitchens and refined amenities. One of the rooms is currently operated as a highly successful on-site spa which has validated strong demand for expansion of additional wellness rooms on vacant lots. At the heart of the property is a rare ~160 geothermal mineral water well, supplying a 80-90 degree mineral pool and 102-104 degree spa renowned for their therapeutic benefits. Set atop Miracle Hill, the hotel enjoys panoramic views across the Coachella Valley and is proximal to Greater Palm Springs, Palm Springs International Airport, and Joshua Tree National Park. Exceptional, one-of-a-kind asset with significant development upside. This property is not just an investment; it's an opportunity to own a piece of the desert's heart and history. Sale includes 6 lots (1.15 acres), Mineral Well, All FF&E, Website, Social Media and systems in place. Please contact listing agent for Offering Memorandum with more information.

Location

State CA

County Riverside

Area Desert Hot Springs

Zoning Commercial Mix Use

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling Air Conditioning

Equipment Built-Ins, Washer, Range/Oven, Dryer, Refrigerator

Laundry Laundry Area

Exterior

Parking Features Uncovered

Garage Spaces 7.0

Pool In Ground, Other

View Y/N Yes

View Mountains, Desert, City

Building

Lot Description 5 + Lots

Story 1

Sewer In Street

Water Well, District

Architectural Style Mid-Century

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

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12689 Eliseo Rd

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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