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About This Home
This 8-bedroom, 9-bathroom residential multi family at 12689 Eliseo Rd in Desert Hot Springs, CA is listed for $1,975,000 ($564 per sqft). Built in 1957, the home offers 3,500 sqft of living space on a 1.15 acres lot.
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 1955, 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, featuring five surrounding vacant lots Zoned Visitor-Mixed Use that offer a rare opportunity 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 ~160 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 6 lots (1.15 acres), Mineral Well, All FF&E, Website, Social Media and systems in place. Please contact listing agent for Offering Memorandum with more information.
Key Features
- Built in 1957
- 1.15 acre lot
- 7 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$10,563/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12689 Eliseo Rd
Desert Hot Springs, CA 92240
Property Details
Views
Parking
Heating
Questions & Answers
This 8-bedroom, 9-bathroom residential multi family at 12689 Eliseo Rd is listed at $1,975,000 ($564/sqft). The estimated monthly payment is $8,558 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 1.15 acre lot, 7 parking spaces.
This property is listed by Paul Fisher and can be reached at 8083661680 or paulfisherhomes@gmail.com.



























