02 Karen Avenue, Desert Hot Springs, CA 92240

Desert Hot Springs
Local realty services provided by:Better Homes and Gardens Real Estate Champions
02 Karen Avenue,Desert Hot Springs, CA 92240
$24,900,000
  • 160 Acres
  • Lots / Land
  • Active
Listed by: erik christianson
Office: the hoffman company
MLS#:219132097
Source:CA_DAMLS

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), and...

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Home facts

  • Subdivision & Development:Not Applicable
  • Listing ID #:219132097
  • Added:470 day(s) ago
  • Updated:October 13, 2026 at 02:40 PM

Structure and exterior

  • Lot area:160 Acres

Finances and disclosures

  • Price:$24,900,000
Based on information from the California Desert Association of REALTORS® as of October 13, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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