$3,495,000

ONLY $3,495,000 FOR QUICK ALL CASH CLOSE! WHOLESALE PRICED! 'DESERT VIEW/MOUNTAIN VIEW 20-ACRE HOT WATER RESORT' is a prime developable land property with hotel zoning (zoned 'VS' - Hotel/Hot Water Resort) in the city; and is also within the Hot Mineral Springs Zone with an existing hot water well (194 degree water). The property is located in the most desirable area of Desert Hot Springs and has spectacular views of the surrounding adjacent hills & Mt. San Jacinto. This irreplaceable property sets itself apart from the competition, and offers a peaceful and tranquil setting for a one-of-a-kind hot water resort. Attractions nearby include Cabot's Pueblo Museum, and spectacular hiking trails nearby and not far in Joshua Tree, and with only a 10-minute drive to Palm Springs. FOR HOTEL/RESORT DEVELOPERS: CITY OF DESERT HOT SPRINGS NOW WAVING TRANSIENT OCCUPANCY TAX FOR INITIAL YEARS! The City of Desert Hot Springs recently passed a measure to waive their 12% Transient Occupancy Tax for the first six years of operation: (Year 1-2: Full 100% waiver of fees, Year 3-4: 50% wavier of fees, Year 5-6: 25% wavier of fees) - Buyer to Verify.