MARKET Coachella Valley, California

LOCATION City of Desert Hot Springs & County of Riverside

LOT COUNT To Be Determined

LOT SIZE To Be Determined

ZONING Residential Low (0-5du/ac) & Rural Desert

ENTITLEMENTS Unentitled

SITE CONDITION Pad areas graded. Utilities and roads to property line.

OFFER DUE DATE Available Now. Offers to Be Considered

as Submitted.

PROPERTY DETAILS

The

Hoffman

Company

35years leading the land brokerage industryC A L I F O R N I A + N E V A D A

SKYLINE ESTATES | DESERT HOT SPRINGS, CA16.21 Gross Acres with Spectacular Views

Simply stated “Skyline Estates” is considered a trophy asset given the spectacular views, soaring elevation, and uniqueness of the property. The subject site is perched high above the valley floor with views of the West Coachella Valley and Mt. San Jacinto, unlike any other in the desert area. Skyline is located in the most desirable area of Desert Hot Springs with the highest home pricing in the city. The property consists of 16.21 acres located partially in the city of Desert Hot Springs, and in un-incorporated Riverside County, with a large portion of the property already zoned residential. This scenic property also offers an abundance of hiking and biking opportunities being adjacent to the the foothills of Joshua Tree National park .

Desert Hot Springs is just minutes from Palm Springs in the Coachella Valley, known for the world’s finest natural hot mineral water aquifers & spas. In addition to the recently opened Painted Hills Middle School, the city has several other major projects recently completed or in the works including the 155,000 SF Wal-Mart (about to commence construction), the new $17M Health & Wellness Center (recently opened), and the new 68,000 SF Village @ Mission Lakes Retail Center (opened in 2014). The neighboring city of Palm Spring is currently enjoying unprecedented development growth, home-buyer demand, and record setting home pricing. This is primarily due to a diverse buyer profile seeking contemporary product near growing amenities and is additionally fueled by the revitalization of downtown Palm Springs. Market experts are now suggesting that because of the lack of available land in booming Palm Springs, Desert Hot Springs will begin to see an increase of the targeted Palm Springs buyer profile. Skyline Estates will also provide a unique opportunity to capture this growing market segment.

*Buyer to verify use and zoning. Zone change may be required on a portion of the property depending on Buyer’s intended use.

PROPERTY OVERVIEW

BROKER CONTACT

IRVINE OFFICE: 18881 Von Karman Ave, Suite 150, Irvine, CA 92612 | T 949.553.2020| CA BRE #01743762 | www.hoffmanland.com

COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T 760.969.7357

Erik Christianson, CA BRE #01475105

T 949.705.0920 | C 949.910.7337

echristianson@hoffmanland.com

T H E H O F F M A N C O M P A N Y E X C L U S I V E O F F E R I N G

HIGHEST ELEVATION OF DEVELOPABLE PROPERTY IN COACHELLA VALLEY

Skyline Drive Existing Homes (at lower elevation): Homes sold in the mid $500k’s & Lots sold in the mid $200k’s last market peak.

AVENIDA ALTA LOMA

HACIENDA AVE

MOUNTAIN VIEW RD

REDBUD RD

SK

YLINE DR

N

10 PALM SPRINGSDILLON RD

SKYLINE DR

VISTA PALMS | New Project Opening 2015