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APN 663-280-003 (Lot 03) is an approximately 2.50-acre M-1 zoning located in Desert Hot Springs, fully entitled with approved Conditional Use Permits (CUP 16-16 & 17-16) for cannabis cultivation development. The site is part of a larger planned cultivation campus and is designated for construction of an approximately 50,000 SF indoor cultivation warehouse. The project has received City approval with a Mitigated Negative Declaration and is subject to Conditions of Approval including indoor-only operations, odor control, security systems, and full compliance with local and state regulations. The property benefits from planned infrastructure improvements, including paved access from Little Morongo Road, stormwater retention, and utility coordination, offering a ready-to-develop opportunity in one of Southern California’s most established cannabis markets.
Listing agent: Yuemei Cheng DRE #01953253 melissachengrealtor@gmail.com, Listing office: REMAX Prestige Properties
MLS data updated 11/2/2026, 7:22:23 PM PT
Source: CRMLS, MLS #: AR26132252
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 1, 2026
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
$1,190,000Original asking price · May 1, 2026ZIP 92240 · May 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.