12689 Eliseo Road
$2,350,000
8
8
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—
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Sold 6/8/22
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
Property Details for 12689 Eliseo Road
Zoning
R4
StyleMid-Century
Parcel Number642111021
Living Area0
Source Living AreaOther
AreaDesert Hot Springs (340)
Lot Size Area8712
Source Lot Size AreaVendor Enhanced
LISTING UPDATED: 06/08/2022 04:41 PM
Property Details for 12689 Eliseo Road
Status | Sold |
---|---|
MLS # | 22-118909 |
Days on Market | 45 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1954 |
Lot Size | 0.20 AC / 8,712 SF |
County | Riverside County |
Buyer's Agent Compensation | 3% |
Building Information for 12689 Eliseo Road
Stories1Year Built1954Building Size-Lot Size0.20 AC / 8,712 SF
Property Information for 12689 Eliseo Road
Property History for 12689 Eliseo Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$31,212Additions-Total$31,212
Tax Record2024$517 ($43 / 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.
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