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12801 Tamar Drive, Desert Hot Springs, CA 92240
$1,950,000
12801 Tamar Drive, Desert Hot Springs, CA 92240View this property at 12801 Tamar Drive, Desert Hot Springs, CA 92240
12801 Tamar DriveDesert Hot SpringsCA92240
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Property Description
Lido Palms Located at 12801 Tamar Dr, Desert Hot Springs, CA 92240 is an investment opportunity to own a mineral hot springs hotel in the heart of Desert Hot Springs, California. This hotel is ready day one and the location offers some of the most incredible views.The subject property comprises a 10-room resort and spa with spa treatment rooms, owners/managers units, and generous poolside areas for quiet relaxation. Lido Palms has a welcoming lobby, front desk, back office, storage room, and a large pool with outside and indoor spa area. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch.Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters. Lido Palms, with its immaculate appearance, superb condition, and excellent location, should continue to enjoy increased occupancy and profitability.
Full Property Details
Full Property Details for 12801 Tamar Dr
General
- Price: $1,950,000
- Status: Active
- Type: Commercial
- MLS ID: 219107498
- Updated: 3/30/2024
- Added to Site: 65 day(s) ago
Location
- Area: 340 - Desert Hot Springs
- County: Riverside
Structural Information
- Sq. Ft. Source: Other
- Year Built: 1961
Lot Features
- Lot Size (Sq. Ft.): 24,829
Financial Considerations
- Price Per Sq. Ft.: $195
Disclosures and Reports
- APN: 642082008
Listed by BP Homes, Brian Palmer
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Schools
Schools serving 12801 Tamar Dr
School District:Palm Springs Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
67067 Desert View Ave, Dsrt Hot Spgs, CA 92240 | K-5 | 0.2 mi | |
66755 Two Bunch Palms Trl, Dsrt Hot Spgs, CA 92240 | 6-8 | 0.8 mi | |
65850 Pierson Blvd, Dsrt Hot Spgs, CA 92240 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12801 Tamar Dr
Date
Details
Price
Change
Source
2/26/2024
Listed
$1,950,000
56.63%
MLS
4/10/2019
Sold
$1,245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12801 Tamar Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,003
1%
$1,285,675
3%
2022
$16,898
2%
$1,252,076
3%
2021
$16,628
5%
$1,210,915
1%
2020
$15,801
8%
$1,198,500
9%
2019
$14,565
2%
$1,095,055
2%
2018
$14,287
35%
$1,078,461
38%
2017
$10,598
47%
$779,876
51%
2016
$7,196
8%
$514,876
6%
2015
$6,675
18%
$486,624
21%
2014
$5,657
7%
$402,624
10%
2013
$5,299
—
$366,624
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12801 Tamar Dr
12801 Tamar Drive, Desert Hot Springs, CA 92240 (MLS# 219107498) is a Commercial property. 12801 Tamar Drive is currently listed for $1,950,000 and was received on February 26, 2024. Want to learn more about 12801 Tamar Drive? Do you have questions about finding other Commercial 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.