$139,000
Estimated Payment$656/mo
Lot/Land For Sale

514 Monterey Rd, Desert Hot Springs, CA 92240

Virtual Tour
0.54Acres
RiversideCounty
Lot In Miracle Heights

Own your slice of heaven atop of Miracle Hill overlooking the desert floor without obstruction from Desert Hot Springs to Palm Springs and all the majesty Mount San Jacinto has to offer, home of the Palm Springs Aerial Tramway! This is a rare opportunity to own one of the most coveted, oversized, view lots off Monterey Road on Miracle Hill. This lot offers hot mineral water rights! It is also conveniently located near Vons and the famous Two Bunch Palms Resort & Spa. This location is excellent for those seeking to build an exceptional home, whether for personal enjoyment or for those looking to expand their vacation rental portfolio. Plans for a custom 2,671 square foot home were drawn up specifically for this unique site and approved, as well as engineering surveys completed and permits were pulled between 2018 and 2019 (updates may be required, buyer to verify). An address has been assigned, 67439 Monterey Rd, and a 3/4 inch water meter is already paid for (approximately $8,000 value). The proposed home features 2x6 construction, 12-foot ceilings in the main living area and 10-foot ceilings throughout the rest of the home. The west facing side of the proposed home also takes full advantage of the stunning views by including oversized sliding glass doors that lead to an outdoor elevated deck. This is a truly a dream location, with plans for a dream proposed home just waiting for the right person who knows when a rare opportunity presents itself, takes it, before someone else beats them to it. Be sure to view the aerial video to appreciate. Call for details.

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514 Monterey Rd
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Location
514 Monterey Rd Desert Hot Springs, CA 92240
Home Details

Interior Details

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Phone Available, Sewer Not Available, Water Available, Water Connected

    Financial Details

    HOA

    • Association Amenities: Mountainous

      Tax Details

      • Zoning: R1

        Property Details

        General

        • Water Source(s): Public
        • Lot Features: Desert Back, Level with Street, Lot 20000 39999 Sqft
        • Road Surface: Paved

        Location Details

        View

        • View Details: City Lights, Desert, Hills, Mountain s, Neighborhood, Panoramic, Valley

          Region

          • City/Region: 340 Desert Hot Springs

            MLS Details

            General

            • Days on Homes.com: 55
            • MLS Number: ND21255387
            • Listed: 11/27/2021
            • Last Updated: 1/18/2022
            • Offered By: Fathom Realty Group, Inc
            • Listing Source: California Regional Mls
            Monthly Payment Calculator

            $656

            Estimated Mortgage
            Principal & Interest
            $469
            Insurance
            $49
            Taxes
            $139
            Mortgage Insurance
            $0
            i
            Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
            i
            If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
            Nearby Schools
            • Julius Corsini Elementary School
              Class size: 22Distance: 1.28 mi
              C
            • Desert Springs Middle School
              Class size: 22Distance: 0.78 mi
              C
            • Desert Hot Springs High School
              Class size: 23Distance: 2.27 mi
              C
            Points of Interest

            Airports

            Distance
            • Palm Springs International
              9.4 mi

            Shopping Centers

            Distance
            • Desert Hot Springs Towne Center
              1.2 mi
            • Hacienda Palms Shopping Center
              1.5 mi
            • 1.3 mi
            Listing Agent
            Israel Hernandez
            Fathom Realty Group, IncLicense # 01961316
            Desert Hot Springs, CA
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            Visit Site Source

            $139,000

            0.54 AcresRiverside

            514 Monterey Rd

            Desert Hot Springs, CA 92240

            Israel Hernandez
            Fathom Realty Group, Inc