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12689 Eliseo Road, Desert Hot Springs, CA 92240
Priced at Only: $1,975,000
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Address: 12689 Eliseo Road, Desert Hot Springs, CA 92240
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  • MLS#: 26638757 ( )
  • Street Address: 12689 Eliseo Road
  • Viewed: 17
  • Price: $1,975,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 20
  • Additional Information
  • County: RIVERSIDE
  • City: Desert Hot Springs
  • Zipcode: 92240
  • Subdivision: Hacienda Heights
  • Provided by: Compass
  • Contact: Paul Paul
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Appliances
  1. Refrigerator
Architectural Style
  1. Mid Century Modern
Building Area Total
  1. 3500.00
Common Walls
  1. 1 Common Wall
Country
  1. US
Heating
  1. Natural Gas
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. One
Netoperatingincome
  1. 8708.00
Parcel Number
  1. 642111021
Parking Features
  1. Uncovered
Pool Features
  1. In Ground
  2. See Remarks
Postalcodeplus4
  1. 4759
Security Features
  1. Card/Code Access
Sewer
  1. Other
Sourcesystemkey
  1. 26638757:CLAW
Spa Features
  1. In Ground
Subdivision Name Other
  1. Hacienda Heights
Totalexpenses
  1. 5524.75
View
  1. Mountain(s)
  2. Desert
  3. City Lights
Views
  1. 17
Water Source
  1. Well
  2. Public
Year Built
  1. 1957
Zoning
  1. Commercial Mix Use
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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