2 Karen Avenue, Desert Hot Springs, CA 92240

Desert Hot Springs
Local realty services provided by:ERA North Orange County Real Estate
2 Karen Avenue,Desert Hot Springs, CA 92240
$24,900,000
  • 160 Acres
  • Lots / Land
  • Active
Listed by: erik christianson
Office: the hoffman company949-553-2020
MLS#:219132097DA
Source:CRMLS

Price summary

  • Price:$24,900,000

About this home

AVAILABLE FOR SALE OR LONG-TERM LAND LEASE. Sunset Ridge offers a rare approved Specific Plan on approximately 160 Acres located within the City of Desert Hot Springs within minutes of Downtown Palm Springs. The previous Tentative Tract Map was approved for 5,500 to 16,000 sq. ft. lots, however, the zoning allows up to 5DU/acre which could yield as many as 800+/- potential units (Buyer to Verify). This opportunity is ideal for a build-for-rent developer, homebuilder, or savvy investor interested in a rare land-banking opportunity to acquire one of the largest developable parcels in the entire Coachella Valley. With panoramic views and close proximity to both downtown Palm Springs and the I-10 freeway, significant home price premiums or rents are expected. Opportunity Highlights: The property consists of 160 Acres with breathtaking panoramic views. The 'Sunset Ridge Specific Plan' is approved and valid, with zoning for up to 800+/- potential lots (5 dwelling units per acre),...

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Home facts

  • Subdivision & Development:Not Applicable-1
  • Listing ID #:219132097DA
  • Added:500 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Structure and exterior

  • Lot area:160 Acres

Finances and disclosures

  • Price:$24,900,000
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