12689 ELISEO Road
Desert Hot Springs, CA 92240
8 beds | 8 baths | 0.20 acres | #22118909
Description
Sagewater Spa is a mid-century modern, hot mineral water spa hotel. New to market; this is an excellent value-add investment opportunity in Desert Hot Springs, as Health & Wellness Tourism is set to explode in the upcoming post-pandemic era. Tremendous upside potential exists with expansion plans included for the 5 vacant lots and one single-family home that are included with the sale. This award-winning hotel has been thoughtfully renovated, with careful consideration to its original design details of 1954, when Desert Hot Springs became a celebrity playground known for its curative waters. Surrounding the geothermal pool & spa are eight rooms; five with desert-views and three with expansive-views of the San Jacinto Mountains. The internationally-renowned natural mineral water is sourced from the property's own hot water well at 165 degrees. The 90-degree mineral water pool and 104-degree spa is rejuvenating for the body and mind and can promote wellness on all levels. Only 15 minutes from Palm Springs and Palm Desert, visitors can also enjoy: shopping, dining, and bargain-hunting at the Cabazon Desert Hills Premium Outlets just 30 minutes away. The majestic Joshua Tree National Park is just a 45-minute drive from Sagewater Spa, offering an unequaled visual adventure. The property is also walking distance to the Cabot's Pueblo Museum. This rare opportunity to own one of the last original mineral spa hotels with additional land for major expansion on the famous Miracle Hill Area won't last long. Contact the exclusive listing brokers from Compass Commercial for more information.
Location
Legal
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Listing Courtesy
Listing Agent: Martin Withrow (#CLW-C124327)
Listing Office: Compass (#CLW-X7755902)
Listing Courtesy (Buyer)
Buyer's Agent: Paul Fisher (#CLW-C126471)
