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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.

Agent 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 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

1 story
1 full
7 spaces
1957

Amenities

ViewSpaA/C

Monthly Cost Estimate

$10,563/mo

20% down · 6.5% · 30 years

Principal$1,428
Interest$8,558
Insurance$576

Estimates only. Actual payments may vary.

Location

12689 Eliseo Rd

Desert Hot Springs, CA 92240

Property Details

Views

MountainsDesertCity

Parking

Covered

Heating

Natural Gas

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.

PF

Paul Fisher

Agent at Compass

(808) 366-1680

Listed by Compass

MLS# 26638757· Source: listhub· Updated 85 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12689 Eliseo Rd, Desert Hot Springs, CA 92240

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