Active

2 Karen Avenue

Desert Hot Springs, CA 92240
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SqFt6,969,600

Sqft(Lot)

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 Mi ddle 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.

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Detail Ic Property Details

Property Type : Land

Price : $24,900,000

AD Id : 67463620

MLS Id : 219132097DA

Lot Size : 6,969,600 Sqft(Lot)

County : Riverside

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Feature Features

  • Bathroom Information

    Total Baths: 0

    Water/Sewer

    Sewer: Unknown

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 160
  • Lot Size Source: Assessor Lot Size Square Feet: 6969600

  • Listing Price Information

    Original List Price: 24,900,000 Listing Contract Date: 2025-06-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 664020001

  • Garage and Parking

    Homeowners Association

    Association: Yes

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 340 - Desert Hot Springs Directions: Hwy 62 North from I-10. Exit Pierson Boulevard (Right/East), North north on Karen Avenue. Property on east/right side after pass fire station. Source Property Type: Land Area: 340 - Desert Hot Springs
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Ave. Merced, Desert Hot Springs, CA, 92240 $60,000 -- -- -- 6,969.60 Sqft(Lot)
18th Ave, Desert Hot Springs, CA, 92240 $30,000 -- -- -- 13,725 Sqft(Lot)
Fernwood Drive, Desert Hot Springs, CA, 92240 $1,699,000 -- -- -- 3,192,512 Sqft(Lot)
Hacienda Drive, Desert Hot Springs, CA, 92240 $750,000 -- -- -- 79.23 Acres(Lot)
Dillon Road, Desert Hot Springs, CA, 92240 $3,200,000 -- -- -- 574,992,247 Sqft(Lot)
Mccarger Road, Desert Hot Springs, CA, 92240 $200,000 -- -- -- 439,520.40 Sqft(Lot)
1 Skyline Drive, Desert Hot Springs, CA, 92240 $199,000 -- -- -- 435,600 Sqft(Lot)
Mcgarger Road #LOT 1, Desert Hot Springs, CA, 92240 $119,000 -- -- -- 108,900 Sqft(Lot)
Club Circle Drive, Desert Hot Springs, CA, 92240 $150,000 -- -- -- 9,583 Sqft(Lot)
12466 Highland Avenue, Desert Hot Springs, CA, 92240 $229,900 -- -- -- 79,715 Sqft(Lot)

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ByOwner last updated this listing 06/18/2026 @ 22:47

MLS: 219132097DA LISTED BY: Erik Christianson, The Hoffman Company 949-553-2020 SOURCE: CRMLS

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