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Presenting an incredible opportunity to own 9.58 acres of prime land on Palm Drive in the rapidly growing city of Desert Hot Springs, California (APN 657-290-004). Located in the sought-after 92240 zip code, this expansive parcel offers endless potential for development or investment. What makes this opportunity truly unique is the 40-acre parcel that adjoins this property, which is currently in development plans with the city, according to the seller. The adjacent project, known as Green Day Village, is already entitled for commercial and residential use, including approximately 600 units. With such a major development in progress next door, this parcel is perfectly positioned for those looking to capitalize on the area's future growth and prosperity. Don't miss your chance to be a part of Desert Hot Springs' exciting transformation! ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****
Listing agent: Steve Welty DRE #00387455 steve@scwelty.com, Listing office: Steve Welty & Associates Inc
MLS data updated 10/31/2026, 12:24:05 PM PT
Source: CRMLS, MLS #: 219143403DA
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 4, 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
$255,000Closed sale · Jun 4, 2026ZIP 92240 · Jun 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.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.