67601 Pierson Boulevard, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 1 bed, 2 bath
ACTIVE$399,900
67601 Pierson Boulevard, Desert Hot Springs, California 92240
1Bed
2Baths
595Sqft
43,560Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 595.
Top Cons:
Existing Dilapidated Structures: The property includes two small abandoned structures and a trailer, which will require demolition and cleanup, adding to the initial development costs and effort.
Compared to the nearby listings
Price:$399.9K vs avg $400.0K ($-100)49%
Size:595 sqft vs avg 1,618 sqft1%
Price/sqft:$672 vs avg $254100%
More Insights
Built in 1959 (66 years old).
Condition: The MLS description explicitly states that there are 'two small abandoned structures and a trailer on the property' and that 'the value is in the land and location--a blank canvas for your vision to come to life.' The property was built in 1959, making it over 50 years old. The provided images clearly show dilapidated, unlivable structures that appear to be beyond repair, consistent with the description of 'abandoned structures' requiring demolition and cleanup. There are no habitable kitchens or bathrooms to assess; the existing structures are essentially ruins.
Year Built
1959
Close
-
List price
$400K
Original List price
$435K
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
219133163DA
Home ConditionTear down
Features
Excellent View: Desert, Hills, Mountain(s), Panoramic
Patio
ViewDesert, Hills, Mountain(s), Panoramic
About this home
Endless Possibilities in the Spa Zone - 4.5 Acres on Miracle Hill! An extraordinary opportunity awaits in the heart of Desert Hot Springs' world-renowned Spa Zone. This combined 4.5-acre parcel--consisting of a 3.5-acre and a 1-acre lot--is zoned Commercial-Visitor or Multi-Use, offering flexibility for a residential subdivision, boutique hotel, wellness retreat, or spa resort.Once part of the historic Cabot Yerxa Estate, the property is rich with story and soaked in healing hot mineral waters. Located on the elevated north end of Miracle Hill and Pierson, it offers sweeping views, electricity on-site, a private well, and two separate APNs being sold together. Although there are two small abandoned structures and a trailer on the property, the value is in the land and location--a blank canvas for your vision to come to life.Inspiration plans for a spa retreat available.This is more than land--it's a legacy in the making.
Condition Rating
Tear down
The MLS description explicitly states that there are 'two small abandoned structures and a trailer on the property' and that 'the value is in the land and location--a blank canvas for your vision to come to life.' The property was built in 1959, making it over 50 years old. The provided images clearly show dilapidated, unlivable structures that appear to be beyond repair, consistent with the description of 'abandoned structures' requiring demolition and cleanup. There are no habitable kitchens or bathrooms to assess; the existing structures are essentially ruins.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 595.
Prime Location & Views: Situated in the world-renowned Spa Zone on the elevated Miracle Hill, the property offers sweeping panoramic views of the desert, hills, and mountains, enhancing its appeal for various developments.
Flexible Zoning: Zoned Commercial-Visitor or Multi-Use, this property provides exceptional flexibility for diverse development projects, including residential subdivisions, boutique hotels, wellness retreats, or spa resorts.
Significant Land Size: A substantial 4.5-acre combined parcel, consisting of a 3.5-acre and a 1-acre lot with two separate APNs, offers ample space for large-scale and ambitious development visions.
Essential Infrastructure On-Site: The presence of electricity on-site and a private well significantly reduces initial development costs and timelines, providing crucial utilities for future projects.
Unique Historical & Natural Resource: Once part of the historic Cabot Yerxa Estate and known for its healing hot mineral waters, the property carries a rich story and a unique natural resource, ideal for a spa or wellness-focused development.
Cons
Existing Dilapidated Structures: The property includes two small abandoned structures and a trailer, which will require demolition and cleanup, adding to the initial development costs and effort.
Requires Significant Investment & Development: Described as a 'blank canvas,' the property requires substantial capital investment and time for development before it can be utilized or generate income, appealing primarily to developers rather than immediate end-users.
Specialized Market Appeal: While flexible, the property's unique characteristics (Spa Zone, healing waters) lean towards specialized development types like spas or wellness resorts, potentially narrowing the pool of interested buyers.