12689 Eliseo Rd

Desert Hot Springs, CA 92240
  • $1,975,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 3,500

    SqFt

About the Listing CLW-X8146110 - CLW-C126471

Sagewater Hotel and Mineral Springs is a 5-star rated wellness retreat on Google and the #1 ranked hotel on TripAdvisor in Desert Hot Springs - California's renowned Spa City. This award-winning mid-century modern boutique hotel, originally built in 1955, has been thoughtfully renovated to honor its iconic design. Sagewater is one of the last remaining mid-century modern hotels in the area, prime for development, featuring five surrounding vacant lots Zoned Visitor-Mixed Use that offer a rare opportunity to expand into a larger wellness destination. Eight guest rooms plus Office and Laundry Room surround the geothermal pool, offering sweeping desert and San Jacinto Mountain views, with in-room kitchens and refined amenities. One of the rooms is currently operated as a highly successful on-site spa which has validated strong demand for expansion of additional wellness rooms on vacant lots. At the heart of the property is a rare ~160 geothermal mineral water well, supplying a 80-90 degree mineral pool and 102-104 degree spa renowned for their therapeutic benefits. Set atop Miracle Hill, the hotel enjoys panoramic views across the Coachella Valley and is proximal to Greater Palm Springs, Palm Springs International Airport, and Joshua Tree National Park. Exceptional, one-of-a-kind asset with significant development upside. This property is not just an investment; it's an opportunity to own a piece of the desert's heart and history. Sale includes 6 lots (1.15 acres), Mineral Well, All FF&E, Website, Social Media and systems in place. Please contact listing agent for Offering Memorandum with more information.

Listing Highlights

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 26638757
Year Built 1957
Total Square Footage 3,500
Lot/Acreage 1.18

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances: Refrigerator, Dryer, Washer
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public,Well

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 7
  • Zoning: Commercial Mix Use
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Other
  • Parking Features: Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 642111021
  • Tax Year: N/A

Payment Calculator

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12689 Eliseo Rd Desert Hot Springs, CA 92240

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Originating MLS: CRMLS

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