Site is convenient location right off of Palm Drive headed into Downtown Desert Hot Springs, CA.
29* Finished & 10 Proposed Single Family Lots
- Property Overview: AVENTURA PALMS offers a convenient location right off of Palm Drive headed into Downtown Desert Hot Springs, with a Recorded Final Map (No. 22287-1), and the rare opportunity to start high-demand home pricing in the $300k’s.
*The lot count consists of:
1) 24 near-finished single family lots with spacious lot sizes ranging from approximately 4,000 to 5,227 SF.
2) Additional common area land (which is near-finished) and can be converted into an additional 5 lots (= 29 potential near-finished lots total).
3) Upwards of ±10 more potential lots on the 1.71-acre northern parcel which was previously used land for the community recreation area.
The Aventura Palms neighborhood provides a short driving distance to shopping, restaurants, spas and golf. This new development will capitalize on the huge recent pandemic demand surge to suburban entry-level markets like Desert Hot Springs with ample outdoor recreation activities, which has led to record breaking year over year 24.1% home price appreciation, and only 1.2 months of home supply with little new inventory expected on the horizon. Desert Hot Springs includes some of the best elevated mountain views in the valley, and because of the recently booming cannabis industry in the City, it has also become one of the highest fiscally-rated cities in California. The city of Desert Hot Springs (a.k.a. the “Spa” City, because it is built over one of the world’s finest natural hot mineral water aquifers), has a population of over 28,000 people and includes amenities such as the Mission Lakes Golf Course, Health & Wellness Center, Boy’s & Girls Club, Two Bunch Palms Resort, and Desert Hot Springs Spa Hotel.