257
Price : $3,900,000
Status : ACTIVE
Size : 7835
Lot Size (Acres) : 107.71
Cap Rate : 92240
APN : 656-140-002, 656-140-005, 656-140-010, 656-140-011, 656-140-014, 656-140-016, 656-140-018, 656-150-011, 656-255-003, 656-255-005, 656-255-007
City Tax Rate : Desert Hot Springs
Year Built : 1990
Sale Type : Cash
Utilities : Water, Electricity, Sewer

Bubbling Wells Ranch is a 107 acre estate located on historic Miracle Hill in Desert Hot Springs just 12 miles from downtown Palm Springs and an easy 2 hour drive from Los Angeles. Desert Hot Springs is internationally known for its natural healing hot mineral springs and also claimed to be situated in a vortex that promotes health and wellness. With elevations from 900 to over 1,000 feet and overlooking the historic Two Bunch Palms Resorts, Bubbling Wells Ranch is an ideal location for a world class exclusive health and wellness spa resort with its famous miracle water, unique desert ecosystem, spectacular panoramic mountain views and natural environment. Zoned residential visitor serving and located in a business-friendly city, the development possibilities are endless!

Main House:       Santa Fe-Style Hacienda with 3 bedrooms, 5 bathrooms and over 5,000 sqft of furnished interior living space ideal for resort lobby & guest registration. The backyard is a true oasis with a mineral-rich hot water spring spa, koi ponds, outdoor kitchen & walking trails that lead to a peak of Miracle Hill.

Guest Villa #1:   1165 sq ft Santa Fe style 2 bedroom, 1 ¾ bath fully furnished home. Some of the best panoramic mountain views on the ranch.

Guest Villa #2: 1456  sq ft Santa Fe style 2 bedroom, 1 ¾ bath (fully furnished?) home overlooking large wildlife pond and next to event and party venue.

Fitness Center: Fully equipped 600 sq ft gym with endless pool.

Artist Studio:      120 sq ft free standing studio is a perfect artist getaway.

Event and Party Venue:  This area is idea for hosting special events and parties. Located on the south end of the estate and nestled next to Ravens Wood, Yerxa Town is an old western town which includes a saloon, bank and chuck wagon entertainment area overlooking the swimming pond, deck, and stone spa. There is also a lighted parking area for 40 cars. The swimming pond with stone hot mineral spa features 120 ft diameter swimming pond at about 8 ft deep in the center and slopes up on the sides.

Ranch Paths & Trails:  Numerous multipurpose trails throughout the 107 acre estate are idea for walking, hiking, biking, and equestrian.

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