02 Karen Avenue, Desert Hot Springs, CA 92240 (MLS# 219132097)

02 Karen Avenue, Desert Hot Springs, CA 92240

$24,900,000
Property Type: Land Lot Size (sq. ft.): 6,969,600 Status: Active
Current Price: $24,900,000 List Date: 10/10/2025 Last Modified: 12/28/2025

Overview

Description

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 Middle 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 ...

Listing Details MLS# 219132097

General Property Information

Pool
No
Lot Acres
160
Lot Size Source
Assessor
Cross Streets
Karen Avenue & Mission Lakes Blvd.

Property Features

Sale Type: Standard Listing Terms: Other View Type: Hills; Mountain(s); Panoramic Disclosures: None Sewer: Unknown Land Lease Type: Fee Simple

Listing Location and Property Info

APN
664020001
Original List Price
24900000
Street #
02
Street Name
Karen Avenue
County
Riverside
State
CA
Zip Code
92240
Area
340 - Desert Hot Springs
Country
US

Tax Info

Tax Mello Roos
Unknown

Property Info

Senior Community
No
Gated Community
No
View
Yes

Status Change Info

Status Change Date
2025-10-10

More Information

HOA Information

Association
No

Listing, Location and Property Info

Entry Date
2025-06-29
Land Type
Fee

Sale Type

Standard
Yes

Listing Terms

Other
Yes

View Type

Hills
Yes
Mountain(s)
Yes
Panoramic
Yes

Disclosures

None
Yes

Sewer

Unknown
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: The Hoffman Company
Listing Agent: Erik Christianson
Last Updated: December - 28 - 2025
Information deemed reliable but not guaranteed.

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