12885 Eliseo Rd Desert Hot Springs, CA 92240

$--

-- Beds
-- Baths
-- Sq.Ft.

Off Market

Map preview of 12885 Eliseo Rd, Desert Hot Springs, CA 92240

Property Overview: 12885 Eliseo Rd Desert Hot Springs, CA has -- bedrooms, -- bathrooms, -- living square feet and 15,681 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

12885 Eliseo Rd is currently an off market home in the city of Desert Hot Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Desert Hot Springs has a median list price of $425,000. The median price per/sqft for Desert Hot Springs is $264. With those numbers in mind, if you are looking to purchase a median priced home in Desert Hot Springs, CA and put 20% down you will need to save up $85,000 for the down payment and will need roughly $8,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Desert Hot Springs the commission could be as much as $19,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 12885 Eliseo Rd

Last sold for $1,550,000 on March 31st, 2021

April, 2021
Apr 1, 2021

Date

Sold

CRMLS: 20571018

$1,550,000

Price
Mar 16, 2021

Date

Pending

CRMLS: 20571018

$1,599,000

Price
Feb 26, 2021

Date

Active Under Contract

CRMLS: 20571018

$1,599,000

Price
Feb 17, 2021

Date

Price Change

CRMLS: 20571018

$1,599,000

Price
Feb 17, 2021

Date

Active

CRMLS: 20571018

$1,650,000

Price
Dec 18, 2020

Date

Active Under Contract

CRMLS: 20571018

$1,650,000

Price
Dec 12, 2020

Date

Price Change

CRMLS: 20571018

$1,650,000

Price
Dec 11, 2020

Date

Active Under Contract

CRMLS: 20571018

$1,700,000

Price
Dec 9, 2020

Date

Active

CRMLS: 20571018

$1,700,000

Price
Jun 27, 2020

Date

Active Under Contract

CRMLS: 20571018

$1,700,000

Price
Jun 26, 2020

Date

Pending

CRMLS: 20571018

$1,700,000

Price
May 29, 2020

Date

Price Change

CRMLS: 20571018

$1,700,000

Price
Apr 14, 2020

Date

Active

CRMLS: 20571018

$1,800,000

Price
Listing provided courtesy of CRMLS

BACK ON MARKET! Idilic boutique hotel with natural hot springs, and 3 additional vacant lots. Seven beautiful ensuite rooms with kitchenettes set in an idyllic relaxing environment. Super cool, hip, alternative chic hotel. Hot springs mineral source soaking tub & pool, including 2 massage spa rooms. Recent renovations to rooms, pool, as well as throughout the property. Great staff allows hotel to run on it's own with great income at an incredible potential 9.4 Cap rate. Hotel sits on 3 lots, and includes an additional 3 vacant lots as part of the sale for a total of approximately 53,000sft. Located in the forward moving town of Desert Hot Springs & just a short drive to Palm Springs. Rooms can rent up to $450/ night with upside. High revenue & low maintenance with more upside to take advantage of, makes this an ideal oasis for guests, as well as the owners.

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January, 2021
Jan 7, 2021

Date

Sold (Public Records)

Public Records

--

Price
April, 2020
Apr 13, 2020

Date

Active

CRMLS: 20570750

$1,800,000

Price
Listing provided courtesy of CRMLS

Welcome to the Good House Hotel and hot springs mineral spa. Seven well appointed ensuite rooms with kitchenettes set in an idilic relaxing environment. Super cool, hip, alternative chic. Hot springs mineral source soaking tub & pool oasis with two massage spa rooms. Recent renovations to rooms, pool, as well as throughout the property. Great staff which allows the hotel to run on it's own. Hotel is on 3 lots, and 3 vacant lots, may come with for a total of 53,000. Located in the forward moving town of Desert Hot Springs, & just a short drive to Palm Springs. Rooms can rent up to $490 per night. Beer & wine license in process. High revenue & low maintenance with more upside to take advantage of, makes this an ideal oasis for the guests, as well as the owners. Watch video walk through in virtual tour taken while hotel is closed due to current lockdown, so not great quality or while set up for guest. More information, including financials upon request. 3 addntl lots in transfer process.

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September, 2019
Sep 24, 2019

Date

Sold

CRMLS: 18416566PS

$1,375,000

Price
Listing provided courtesy of CRMLS

Tucked behind high walls and old growth palms, The Hacienda is located at the center of Miracle Hill in Desert Hot Springs. This gracious old-school resort offers tranquility and four-star amenities. Seven rooms face the lush native plantings garden, five include full kitchenettes. The hotel was planned to provide serenity in a location convenient to other desert cities for shopping, entertainment or a late-night meal. The Hacienda's living space includes a massage room, a rock sauna, a common room, a dining patio and a full catering kitchen. On the grounds are private seating areas, fruit trees, horseshoe pitch and a gazebo. The Hotel's privately owned well fills the resort's large warm pool and small hot pool with some of the world's most celebrated hot mineral water. A solar installation and two additional lots on either side of the resort are included in the purchase, allowing for expansion with a restaurant, larger day spa, or additional rooms.

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September, 2017
Sep 14, 2017

Date

Expired

CRMLS: 15888579

$1,645,000

Price
Jun 24, 2017

Date

Price Change

CRMLS: 15888579

$1,645,000

Price
Jun 3, 2017

Date

Price Change

CRMLS: 15888579

$1,647,500

Price
Dec 8, 2015

Date

Price Change

CRMLS: 15888579

$1,650,000

Price
Mar 20, 2015

Date

Price Change

CRMLS: 15888579

$1,800,000

Price
Listing provided courtesy of CRMLS

PRICE IMPROVEMENT! Welcome to Paradise! Hacienda Hot Springs Inn, one of the Coachella Valley's premier hot water spas, where each guest is royalty, from major Hollywood celebs to bridal party weekends to mid-week getaways. Having the hottest well water available in the area; it is becoming one of the largest WELLNESS communities in the world & one of the best investment opportunities! Over $1 million spent for the total renovation of the property has been completed with an expansion project in mind. The 7 unit property could easily be expanded by up to 18 additional units, a restaurant & a full spa - the four adjoining & contiguous parcels north & south of the hotel for the expansion, with architectural renderings are included in the sale-plus a new hot mineral water well has recently been installed-new bath & kitchen fixtures-towering desert trees including palms & mesquite & complete landscaping with terraces & ponds-new natural springs Jacuzzi & new full sized natural springs pool.

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September, 2017
Sep 14, 2017

Date

Expired

CRMLS: 15941839PS

$1,645,000

Price
Jun 24, 2017

Date

Price Change

CRMLS: 15941839PS

$1,645,000

Price
Jun 3, 2017

Date

Price Change

CRMLS: 15941839PS

$1,647,500

Price
Sep 16, 2016

Date

Active

CRMLS: 15941839PS

$1,650,000

Price
Sep 15, 2016

Date

Expired

CRMLS: 15941839PS

$1,650,000

Price
Dec 9, 2015

Date

Price Change

CRMLS: 15941839PS

$1,650,000

Price
Sep 17, 2015

Date

Price Change

CRMLS: 15941839PS

$1,800,000

Price
Listing provided courtesy of CRMLS

Welcome to Paradise...This is currently the Hacienda Hot Springs Inn. The Inn could be transformed into an outstanding private compound. The Inn contains premier hot water spas having the hottest mineral well water available in the area. Over $1 million was spent for the total renovation of the property. Along with the main structure there are 6 "casita" units on the property which also includes four adjoining and contiguous parcels north and south of the hotel. New hot mineral water well has recently been installed - new bath & kitchen fixtures - towering desert trees including palms & mesquite & complete landscaping with terraces & ponds - new natural springs Jacuzzi & new full sized natural springs pool.

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September, 2016
Sep 15, 2016

Date

Expired

CRMLS: 15941889PS

$1,650,000

Price
Dec 9, 2015

Date

Price Change

CRMLS: 15941889PS

$1,650,000

Price
Sep 25, 2015

Date

Price Change

CRMLS: 15941889PS

$1,800,000

Price
Listing provided courtesy of CRMLS

One of 4 adjoining & contiguous parcels which are north & south of the Hacienda Hot Springs Inn. All of the lots & the Inn are included in the sale's price allowing a savvy investor the creativity for expansion. Architectural renderings are included in the sale. The Hacienda Hot Springs Inn is one of the Valley's premier hot water spas. Having the hottest well water available in the area; it is becoming one of the largest WELLNESS communities in the world & one of the best investment opportunities. Over $1 million spent for the total renovation of the property has been completed w/ an expansion project in mind. The 7 unit property could easily be expanded by up to 18 additional units, a restaurant & a full spa. New hot mineral water well has recently been installed, new bath & kitchen fixtures, towering desert trees including palm & mesquite & complete landscaping w/ terraces & ponds, new natural springs Jacuzzi & new full sized natural springs pool.

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October, 2003
Oct 29, 2003

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 12885 Eliseo Rd

Assessed Value (2020): $1,285,200

Year	Land Value	Improved Value	Assessed Value
2020	$163,200	$1,122,000	$1,285,200

About 12885 Eliseo Rd

Detailed summary of property

12885 Eliseo Rd is categorized with a use code of Commercial (General) in Desert Hot Springs, CA 92240 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 15,681 square foot lot. Homes in Desert Hot Springs are selling for a median price of $390,000 and a median price per square foot of $259. Local nearby listings include 1429 E Laurelwood Dr, 25791 Date St and 25546 Amanda St. The average home in Desert Hot Springs, CA is selling in 122 days. There are currently 243 homes for sale in the Desert Hot Springs real estate market and 234 of them are single family homes while 9 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 12885 Eliseo Rd Desert Hot Springs, CA 92240 contact Ardent Real Estate Group and we will put you in touch with one of our Desert Hot Springs agents.

Public Facts for 12885 Eliseo Rd

Public county record property details

Beds: --
Baths: --
Year built: 1956
Sq. Ft.: --
Lot Size: 15,681
Stories: 1

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 115
APN: 642-121-023

The source for these homes facts are from public records.

92240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$419,000

Median List Price/Sq.Ft.

$263

Median Sold Price

$385,000

Median Sold Price/Sq.Ft.

$253

Total Inventory

220

Median Sale to List Price %

98.97%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (15.63%), VA (12.5%), Cash (21.88%), Other (12.5%)

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