2 Karen Avenue, Desert Hot Springs, CA 92240
Local realty services provided by:ERA Donahoe Realty
2 Karen Avenue,Desert Hot Springs, CA 92240
$24,900,000
- 160 Acres
- Lots / Land
- Active
Listed by: erik christianson
Office: the hoffman company
MLS#:219132097DA
Source:CRMLS
Price summary
- Price:$24,900,000
About this home
SUNSET RIDGE offers a rare approved Specific Plan on 160+/- Gross Acres (not all developable) located within in 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 sf. lots however the low density residential zoning allows up to 5DU/acre which in theory could yield as many as 800+/- potential units (Buyer to Verify). This opportunity is ideal for a build-for-rent developer, or homebuilder. With panoramic mountain range views to the north, west, and east in the near the hills of North-West Desert Hot Springs, home price premiums or rents are expected. Sunset Ridge falls within the attendance boundaries of the Palm Springs Unified District and is located near the Painted Hills Middle School & Bella Vista Middle School. The subject property is located east west of Mission Lakes Golf Course (semi-private), and just north-east west of the recently opened Mission Lakes Retail Center. In summary, Sunset Ridge is an attractive locale for families, retirees, and vacation / second home buyers seeking spacious but affordable living on traditional (or potential smaller) lot sizes with ample access to outdoor recreational activities. DESERT HOT SPRINGS is known as one of the few affordable cities within the Coachella Valley, however the best located of these, within the desirable and more accessible west Coachella Valley near Hwy. 62, only minutes away from Palm Springs, and is within a short distance to the submarkets of Beaumont and Banning. The City of Desert Hot Springs is part of a rapidly growing new home market as the fastest growing city in the Low-Desert, which has benefited from a robust job growth rate that is among the highest in the state of California. Sunset Ridge is well-positioned to meet the growing demand from working households and mature households seeking affordable ownership opportunities given its close proximity to the Los Angeles MSA. Additionally, the projected home prices all fall within the FHA financing limit, while the city of Desert Hot Springs also qualifies for zero down USDA new home financing. Located just 10 miles from Palm Springs and only 5 miles to Interstate 10, the Property is easily accessible to abundant services, jobs and entertainment throughout Palm Springs and the rest of the Coachella Valley, as well as major employment centers in Riverside, San Bernardino, and Los Angeles....
Contact an agent
Home facts
- Listing ID #:219132097DA
- Added:255 day(s) ago
- Updated:March 06, 2026 at 11:42 AM
Structure and exterior
- Lot area:160 Acres
Finances and disclosures
- Price:$24,900,000
New listings near 2 Karen Avenue
- New
$329,900Active2 beds 2 baths763 sq. ft.66336 3rd, Desert Hot Springs, CA 92240
MLS# PF26006209Listed by: J & D SMART REALTY - New
$409,000Active3 beds 3 baths1,379 sq. ft.9139 Silver Star Avenue, Desert Hot Springs, CA 92240
MLS# 26662587PSListed by: HENA MARTIN ASSOCIATES REALTY - New
$445,550Active4 beds 2 baths1,747 sq. ft.65271 Avenida De Paz, Desert Hot Springs, CA 92240
MLS# SW26054167Listed by: CENTURY 21 MASTERS - Open Sat, 11am to 2pmNew
$120,000Active2 beds 1 baths702 sq. ft.15687 Palm Drive #14, Desert Hot Springs, CA 92240
MLS# 219144652DAListed by: EMERGE HOME SERVICES - Open Sat, 11am to 2pmNew
$390,000Active4 beds 2 baths1,600 sq. ft.16360 Avenue Monteflora, Desert Hot Springs, CA 92240
MLS# 219144621DAListed by: EQUITY UNION - New
$350,000Active3 beds 2 baths1,100 sq. ft.16355 Via Corto E, Desert Hot Springs, CA 92240
MLS# 219144592DAListed by: XEPCO PROPERTIES - New
$265,000Active2 beds 2 baths1,452 sq. ft.11725 Ambrosio Drive, Desert Hot Springs, CA 92240
MLS# 219144595DAListed by: XEPCO PROPERTIES - New
$119,900Active1 beds 1 baths399 sq. ft.18025 Langlois #115, Desert Hot Springs, CA 92241
MLS# CV26052695Listed by: PAEZ REALTY COMPANY - New
$64,999Active0 Acres0 San Felepi, Desert Hot Springs, CA 92240
MLS# P1-26189Listed by: WORLD FUNDING COMPANY - New
$425,000Active3 beds 2 baths1,643 sq. ft.67619 Tunitas Road, Desert Hot Springs, CA 92240
MLS# SR26048589Listed by: LUXURY COLLECTIVE