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

$2,350,000

Est. payment /mo

$2,275,000

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

12689 ELISEO RD Desert Hot Springs, CA 92240

8 Beds

8 Baths

8,712 Sqft Lot

SOLD DATE : 06/08/2022

Key Details

Sold Price $2,350,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22-118909

Sold Date 06/08/22

Style Mid-Century

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1954

Lot Size 8,712 Sqft

Acres 1.34

Property Sub-Type Single Family Residence

Property Description

Sagewater Spa is a mid-century modern, hot mineral water spa hotel. New to market; this is an excellent value-add investment opportunity in Desert Hot Springs, as Health & Wellness Tourism is set to explode in the upcoming post-pandemic era. Tremendous upside potential exists with expansion plans included for the 5 vacant lots and one single-family home that are included with the sale. This award-winning hotel has been thoughtfully renovated, with careful consideration to its original design details of 1954, when Desert Hot Springs became a celebrity playground known for its curative waters. Surrounding the geothermal pool & spa are eight rooms; five with desert-views and three with expansive-views of the San Jacinto Mountains. The internationally-renowned natural mineral water is sourced from the property's own hot water well at 165 degrees. The 90-degree mineral water pool and 104-degree spa is rejuvenating for the body and mind and can promote wellness on all levels. Only 15 minutes from Palm Springs and Palm Desert, visitors can also enjoy: shopping, dining, and bargain-hunting at the Cabazon Desert Hills Premium Outlets just 30 minutes away. The majestic Joshua Tree National Park is just a 45-minute drive from Sagewater Spa, offering an unequaled visual adventure. The property is also walking distance to the Cabot's Pueblo Museum. This rare opportunity to own one of the last original mineral spa hotels with additional land for major expansion on the famous Miracle Hill Area won't last long. Contact the exclusive listing brokers from Compass Commercial for more information.

Location

State CA

County Riverside

Area Desert Hot Springs

Zoning R4

Rooms

Other Rooms Other, Pool House

Dining Room 0

Interior

Heating Other

Cooling Air Conditioning, Wall Unit(s)

Flooring Ceramic Tile

Fireplaces Type None

Equipment Range/Oven, Refrigerator, Washer, Dryer

Laundry Room

Exterior

Parking Features Side By Side

Garage Spaces 7.0

Pool In Ground, Heated

View Y/N Yes

View Panoramic, Mountains, Desert

Building

Lot Description 5 + Lots

Story 1

Architectural Style Mid-Century

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Compass

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Anastasiya Richards

Anastasiya Richards

Agent | License ID: 01973283

+1(510) 493-0442

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