12689 Eliseo Road

Desert Hot Springs, CA 92240

$2,350,000
Last Sold Price
8
Beds
8
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Sagewater Spa is a mid-century modern, hot mineral water spa hotel. New to market; this is an excellent value-add investment opportunity in Desert Hot Springs, as Health & Wellness Tourism is set to explode in the upcoming post-pandemic era. Tremendous upside potential exists with expansion plans included for the 5 vacant lots and one single-family home that are included with the sale. This award-winning hotel has been thoughtfully renovated, with careful consideration to its original design details...Sagewater Spa is a mid-century modern, hot mineral water spa hotel. New to market; this is an excellent value-add investment opportunity in Desert Hot Springs, as Health & Wellness Tourism is set to explode in the upcoming post-pandemic era. Tremendous upside potential exists with expansion plans included for the 5 vacant lots and one single-family home that are included with the sale. This award-winning hotel has been thoughtfully renovated, with careful consideration to its original design details of 1954, when Desert Hot Springs became a celebrity playground known for its curative waters. Surrounding the geothermal pool & spa are eight rooms; five with desert-views and three with expansive-views of the San Jacinto Mountains. The internationally-renowned natural mineral water is sourced from the property's own hot water well at 165 degrees. The 90-degree mineral water pool and 104-degree spa is rejuvenating for the body and mind and can promote wellness on all levels. Only 15 minutes from Palm Springs and Palm Desert, visitors can also enjoy: shopping, dining, and bargain-hunting at the Cabazon Desert Hills Premium Outlets just 30 minutes away. The majestic Joshua Tree National Park is just a 45-minute drive from Sagewater Spa, offering an unequaled visual adventure. The property is also walking distance to the Cabot's Pueblo Museum. This rare opportunity to own one of the last original mineral spa hotels with additional land for major expansion on the famous Miracle Hill Area won't last long. Contact the exclusive listing brokers from Compass Commercial for more information.

Listing Agents

  1. Martin Withrow

    Martin Withrow

    Listing Agent

    Compass

    DRE #01951882

  2. Brett Alphin

    Brett Alphin

    Alternative Listing Agent

    Compass

    DRE #01998404

Property Details for 12689 Eliseo Road

Zoning
R4
Style
Mid-Century
Parcel Number
642111021
Living Area
0
Source Living Area
Other
Area
Desert Hot Springs (340)
Lot Size Area
8712
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Compass, Martin Withrow, DRE #01951882; Compass, Brett Alphin, DRE #01998404

Sold By Compass, Paul Fisher, DRE #02018310

Add your commute
LISTING UPDATED: 06/08/2022 04:41 PM

Property Details for 12689 Eliseo Road

StatusSold
MLS #22-118909
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1954
Lot Size0.20 AC / 8,712 SF
CountyRiverside County

Location

Listing Courtesy of Compass, Martin Withrow, DRE #01951882; Compass, Brett Alphin, DRE #01998404

Sold By Compass, Paul Fisher, DRE #02018310

Add your commute

Building Information for 12689 Eliseo Road

Stories1Year Built1954Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$12,869 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

$44

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12689 Eliseo Road

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Other
  • Number Of Stories: 1
  • View: Yes
  • View Description: Panoramic, Mountains, Desert
  • View: Panoramic, Mountain(s), Desert
Contract Info
Contract Info
  • Disclosures: Water Rights
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 1.34
  • Lot Size Square Feet: 8712
  • Lot Description: 5 + Lots
Parking Details
Parking Details
  • Parking Garage: Side By Side
  • Total Parking: 7
  • Parking Features: Side by Side
Interior Features
Interior Features
  • Rooms: Other
  • Fireplace Features: None
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: In Ground, Heated
  • Pool Features: In Ground, Heated
  • Spa: Yes
  • Spa: In Ground, Heated
  • New Construction: No
  • Other Structures: Other, Pool House
Lease Terms
Lease Terms
  • Entry Date: 01-18-2022

Property History for 12689 Eliseo Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12689 Eliseo Road

Taxable ValueLand$30,600Additions-Total$30,600
Tax Record2023$523 ($44 / month)
Home Facts
Beds0Lot Size7,840 SqFtStyleResidentialZoningTRCountyRIVERSIDEAPN642-121-020

Schools near 12689 Eliseo Road

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cabot Yerxa Elementary School
PublicK to 5

Desert Springs Middle School
Public6 to 8

Desert Hot Springs High School
Public9 to 12

Bella Vista Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Martin Withrow, DRE #01951882; Compass, Brett Alphin, DRE #01998404

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.