12689 Eliseo Road Desert Hot Springs, CA $ 1,975,000
12689 Eliseo Road
$ 1,975,000
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12689 Eliseo Road

Desert Hot Springs, CA, 92240
$ 1,975,000
Baths0.0 Sq 3,500

Monthly Estimate*

$ 12,160

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Studio

Multi-Family Home for sale in Desert Hot Springs, CA

for $1,975,000. This 3,500 square foot home was built in 1957 on a lot size of 1.18.

Sagewater Hotel and Mineral Springs is a 5-star rated wellness retreat on Google and the #1 ranked hotel on TripAdvisor in Desert Hot Springs - California's renowned Spa City. This award-winning mid-century modern boutique hotel, originally built in 1955, has been thoughtfully renovated to honor its iconic design. Sagewater is one of the last remaining mid-century modern hotels in the area, prime for development, featuring five surrounding vacant lots Zoned Visitor-Mixed Use that offer a rare opportunity to expand into a larger wellness destination. Eight guest rooms plus Office and Laundry Room surround the geothermal pool, offering sweeping desert and San Jacinto Mountain views, with in-room kitchens and refined amenities. One of the rooms is currently operated as a highly successful on-site spa which has validated strong demand for expansion of additional wellness rooms on vacant lots. At the heart of the property is a rare ~160 geothermal mineral water well, supplying a 80-90 degree mineral pool and 102-104 degree spa renowned for their therapeutic benefits. Set atop Miracle Hill, the hotel enjoys panoramic views across the Coachella Valley and is proximal to Greater Palm Springs, Palm Springs International Airport, and Joshua Tree National Park. Exceptional, one-of-a-kind asset with significant development upside. This property is not just an investment; it's an opportunity to own a piece of the desert's heart and history. Sale includes 6 lots (1.15 acres), Mineral Well, All FF&E, Website, Social Media and systems in place. Please contact listing agent for Offering Memorandum with more information.

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Multi-Family Active

Price

$ 1,975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Mid Century Modern

Lot Size

1.18

Year Built

1957

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

0026638757

Features
General
Living Area 3500.0
Zoning Commercial Mix Use
Architectural Style Mid Century Modern
Pool Features In Ground
Security Features Card/Code Access
Year Built 1957
View Mountain(s) Desert City Lights
Levels One
Accessibility Other
County Riverside
Net Operating Income 8708.0
New Construction No
Property Type C
HOA No
Subdivision Name Hacienda Heights
Status Active
City Desert Hot Springs
Senior Community Y/N No
MLS Area 340 - Desert Hot Springs
Lot Size Units Square Feet
Lot Size Square Feet 51212.0
Spa Features In Ground
Property Attached Y/N Yes
Land Lease Y/N No
Additional Parcels Y/N Yes
Standard Status Active
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Interior
Kitchen Appliances Refrigerator
Heater Fuel Type Natural Gas
Total Stories 1
Common Walls 1 Common Wall
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Uncovered
Water Source Well Public
Lot Size Area 51212.0
Spa Yes
Pool Y/N? Yes
Building Area Total 3500.0
Lot Size Acres 1.18
Land Lease Type Fee
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* Excluded Features
List By
Paul Fisher

Listing Agent

Compass

Broker

Affordability Calculator

$12,160
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,160
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$1,975,000 Listed Price

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12689 Eliseo Road, Desert Hot Springs, CA, 92240 is a Multi-Family Home for sale at $1,975,000 with 3,500 sqft and a lot size of 1.18. 12689 Eliseo Road is a studio with 0.0 baths and was built in 1957. The property's zip code is 92240 which is in Desert Hot Springs, CA