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5 adjacent lots in a row zoned VS-M. Total square footage for all 5 lots is 39,640, almost one entire city block. Desert Hot Springs municipal zoning code states: ''VS-M (Visitor-Serving Mixed). This district is intended to provide for areas appropriate for accommodations, goods, and services intended to serve primarily visitors to the City. Also allowed are detached and attached residential uses at a maximum density of 20 dwelling units per acre''. Perhaps combine lots for 18 units. Potential for boutique geothermal hotel. Buyer to verify all zoning and potential uses with the city. Incredibly rare opportunity. Don't miss out. Each lot asking price is $75,000.00.
Listing agent: David Leventhal DRE #01133285 joel.pearce@outlook.com, Listing office: David Leventhal, Broker
MLS data updated 10/31/2026, 4:11:21 PM PT
Source: CRMLS, MLS #: 219075844DA
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 24, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$75,000Closed sale · May 24, 2022ZIP 92240 · May 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.