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
Desert Hot Springs, CA 92240,12689 ELISEO RD
Desert Hot Springs, CA 92240,12689 ELISEO RD
See all 27 photos

$2,350,000

$2,275,000

3.3%
Est.Price: ?

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

Est. payment /mo

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 22118909

Sold Date 06/08/22

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1954

Lot Size 8,712 Sqft

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 340 - Desert Hot Springs

Zoning R4

Interior

Fireplaces Type None

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Side By Side

Pool Heated, In Ground

View Y/N Yes

View Desert, Mountain(s), Panoramic

Total Parking Spaces 7

Building

Story 1

Architectural Style Mid-Century Modern

New Construction No

Others

Senior Community No

Tax ID 642111021

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Martin Withrow • Compass
Bought with Paul Fisher • Compass
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

GET MORE INFORMATION

Name
Phone*
Message