Your new vacant, residential lot spans across 1.89 acres in this developing community. With paved-road access, electricity on site, and fantastic schools nearby.
This lot does not have great topography for building. It will need major work if you plan to build. With that said, it is priced 10-50 times lower than more buildable lots in the area of similar size. How could you ever lose on such a deal?
What appears to be a weakness of your property (being surrounded by other houses) is actually its biggest strength. Here’s why: your land is surrounded by 33 lots that will have to go through YOU if they ever want to expand their backyards or gain additional easement. If you assume that each neighbor were to pay you a conservative amount of $2,500 (peanuts!) to expand their backyard, it would amount to $82,500.
Desert Hot Springs is a booming area, and whatever you choose to do with your property – it will be a very valuable investment.
GPS Coordinates: 33.954075, -116.469588
Nearby Cities and attractions: Right on Hacienda Avenue, this parcel is in the best part of Desert Hot Springs – the suburbs. Beautiful spas, schools, and stores are all around you! It’s not far from any amenity.