2 Karen Avenue, Desert Hot Springs, CA 92240
Local realty services provided by:CENTURY 21 Lois Lauer Realty
2 Karen Avenue,Desert Hot Springs, CA 92240
$24,900,000
- 160 Acres
- Lots / Land
- Active
Listed by: erik christianson
Office: the hoffman company
MLS#:219132097DA
Source:CRMLS
Price summary
- Price:$24,900,000
About this home
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 is an attractive locale for families, retirees, and vacation / second home buyers seeking spacious but affordable living on traditional (or potential smaller) lot sizes with ample access to outdoor recreational activities. DESERT HOT SPRINGS is known as one of the few affordable cities within the Coachella Valley, however the best located of these, within the desirable and more accessible west Coachella Valley near Hwy. 62, only minutes away from Palm Springs, and is within a short distance to the submarkets of Beaumont and Banning. The City of Desert Hot Springs is part of a rapidly growing new home market as the fastest growing city in the Low-Desert, which has benefited from a robust job growth rate that is among the highest in the state of California. Sunset Ridge is well-positioned to meet the growing demand from working households and mature households seeking affordable ownership opportunities given its close proximity to the Los Angeles MSA. Additionally, the projected home prices all fall within the FHA financing limit, while the city of Desert Hot Springs also qualifies for zero down USDA new home financing. Located just 10 miles from Palm Springs and only 5 miles to Interstate 10, the Property is easily accessible to abundant services, jobs and entertainment throughout Palm Springs and the rest of the Coachella Valley, as well as major employment centers in Riverside, San Bernardino, and Los Angeles....
Contact an agent
Home facts
- Listing ID #:219132097DA
- Added:279 day(s) ago
- Updated:April 05, 2026 at 10:44 AM
Structure and exterior
- Lot area:160 Acres
Finances and disclosures
- Price:$24,900,000
New listings near 2 Karen Avenue
- New
$59,900Active2 beds 2 baths1,040 sq. ft.15500 Bubbling Wells Road #248, Desert Hot Springs, CA 92240
MLS# CL26660705PSListed by: SPEKTERRA - New
$85,000Active2 beds 2 baths1,056 sq. ft.74711 Dillon Road Unit # 392, Desert Hot Springs, CA 92241
MLS# 219145861DAListed by: EXP REALTY OF SOUTHERN CALIFORNIA INC - New
$379,000Active3 beds 2 baths1,210 sq. ft.13702 Inaja Street, Desert Hot Springs, CA 92240
MLS# 219145828DAListed by: REDFIN CORPORATION - New
$285,000Active2 beds 2 baths1,333 sq. ft.9760 Capiland Road, Desert Hot Springs, CA 92240
MLS# 26673213PSListed by: RE/MAX DESERT PROPERTIES - New
$399,999Active3 beds 3 baths2,009 sq. ft.11852 Morning Star Drive, Desert Hot Springs, CA 92240
MLS# IG26071579Listed by: COLDWELL BANKER KIVETT-TEETERS - New
$450,000Active3 beds 2 baths1,614 sq. ft.13387 Quinta Way, Desert Hot Springs, CA 92240
MLS# IV26071256Listed by: OPENDOOR BROKERAGE INC. - New
$545,000Active-- beds -- baths13150 Miracle Hill Road, Desert Hot Springs, CA 92240
MLS# 219145713DAListed by: OPEN DOOR REALTY - New
$162,500Active2 beds 2 baths1,000 sq. ft.16821 Greenway Court, Desert Hot Springs, CA 92241
MLS# 219145723DAListed by: JESUS MARTINEZ, BROKER - New
$499,900Active4 beds 2 baths1,929 sq. ft.65866 Estrella, Desert Hot Springs, CA 92240
MLS# OC26070252Listed by: COLDWELL BANKER PLATINUM PROP - New
$149,900Active2 beds 2 baths1,040 sq. ft.18070 Langlois Road #227, Desert Hot Springs, CA 92241
MLS# 219145673DAListed by: LPT REALTY