Description
Rare opportunity for a Spa Hotel/Income Property! Nestled in the hillside of the Little San Bernardino Mountains is 4.5 acres of land with a fence that surrounds the entire property. Sitting approximately1200 ft. above the Coachella Valley floor and hosting the most magnificent panoramic views of the surrounding Mountains, San Jacinto and San Gorgonio. This unique land has a rich history. Cabot Yerxa, the founder of Desert Hot Springs was previously the owner and sold the property to the family that currently owns it. They have kept it in their family for generations; 60 plus years. There are two parcels included in this listing. The 3.5 acre parcel is: 642-060-007 and the 1 acre parcel is 642-060-008. The existing hot mineral water well is located on the 1 acre parcel. The water is approximately 190 degrees, some of the hottest water in the spa zone area. The seller may consider financing for a term of 3 years. Call agent for specific details.
Location
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