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$1,700,000
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Property Description
Sagewater Hotel and Mineral Springs is a 5-star rated wellness retreat on Google and the #1 ranked hotel on TripAdvisor in Desert Hot Springs - California's renowned Spa City. This award-winning mid-century modern boutique hotel, originally built in 1957, has been thoughtfully renovated to honor its iconic design. Sagewater is one of the last remaining mid-century modern hotels in the area, prime for development, with a unique opportunity to purchase five (5) surrounding vacant lots Zoned Visitor Commercial that offer a rare option to expand into a larger wellness destination. Eight guest rooms plus Office and Laundry Room surround the geothermal pool, offering sweeping desert and San Jacinto Mountain views, with in-room kitchens and refined amenities. One of the rooms is currently operated as a highly successful on-site spa which has validated strong demand for expansion of additional wellness rooms on vacant lots. At the heart of the property is a rare geothermal mineral water well, supplying a 80-90 degree mineral pool and 102-104 degree spa renowned for their therapeutic benefits. Set atop Miracle Hill, the hotel enjoys panoramic views across the Coachella Valley and is proximal to Greater Palm Springs, Palm Springs International Airport, and Joshua Tree National Park. Exceptional, one-of-a-kind asset with significant development upside. This property is not just an investment; it's an opportunity to own a piece of the desert's heart and history. Sale includes Hotel on 8712 sq. ft. Lot, Mineral Well, All FF&E, Website, Social Media and systems in place. Also available for purchase are 5 additional lots each about 8900 sq. ft., Please see images for lot locations. Please contact listing agent for Offering Memorandum and more information.
Full Property Details
Full Property Details for 12689 Eliseo Rd
General
- Sold For: $1,700,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26638757
- Added to Site: 220 day(s) ago
Business
- Business Type: Hotel and Spa with Geothermal Mineral Well
Rooms
Bathrooms
- Total Bathrooms: 9
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Laundry Area
Additional Information
- Pool: Yes
- Pool Description: In-Ground, Other
- Spa: Yes
- Spa Description: In-Ground
- Security/Safety: Card/Code Access
- Other Features: None
Parking
- Garage Description: Uncovered
Location
- Area: Desert Hot Springs
- County: Riverside
- Driving Directions: At the top of Eliseo Rd! Look for the "Sagewater Hotel and Mineral Springs" sign! Please use Maps for detailed directions.
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: In Street
- Water: Well, District
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Common Walls: Attached
- Stories/Levels: 1
- Square Feet: 3,500
- Sq. Ft. Source: Owner
- Year Built: 1957
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 8
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: Mountains, Desert, City
- Lot Size (Acres): 0.2
- Lot Size: 8712
- Lot Size Source: Owner
- Lot Features: Hillside
- Zoning: Commercial Mix Use
- Lot Description: 5 + Lots
Financial Considerations
- Price Per Sq. Ft.: $471.43
- Price Per Unit: 246875
- Assessment Year: 1957
- Owner Pays: Gas, Electricity, Gardener, Pool Service, Water
Disclosures and Reports
- Disclosures/Reports: None
- APN: 642-111-021
Listed by Compass, Paul Fisher
Sold by Keller Williams Realty, Mathew Thomas
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Schools
Schools serving 12689 Eliseo Rd
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Cabot Yerxa Elementary School 67067 Desert View Avenue, Desert Hot Springs, CA 92240 | K-5 | 0.4 mi |
Desert Springs Middle School 66-755 Two Bunch Palms Trail, Desert Hot Springs, CA 92240 | 6-8 | 1.1 mi |
Desert Hot Springs High School 65850 Pierson Boulevard, Desert Hot Springs, CA 92240 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12689 Eliseo Rd
Date
Details
Price
Change
Source
7/27/2026
Sold
$1,700,000
3.03%
MLS
7/07/2026
Price Increased
$1,650,000
6.45%
MLS
6/11/2026
Price Reduced
$1,550,000
-6.06%
MLS
4/17/2026
Price Reduced
$1,650,000
-16.46%
MLS
1/15/2026
Listed
$1,975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12689 Eliseo Rd, Desert Hot Springs, CA 92240 (MLS# 26638757) is a Multi-Family property that was sold at $1,700,000 on July 27, 2026. Want to learn more about 12689 Eliseo Rd? Do you have questions about finding other Multi-Family real estate for sale in Desert Hot Springs? You can browse all Desert Hot Springs real estate or contact a Coldwell Banker agent to request more information.

