38500 Bob Hope Dr, RANCHO MIRAGE, 92270

Lot-Land For Sale

$19,900,000

Beds
Baths
Sqft
25Acres
Built
188DOM
MLS® #: 219016323DA
Active, 188 Days on Market

The Residence at Rancho Mirage Country Club'' is the only available & approved residential and hospitality project located in the affluent area of South Rancho Mirage.The site has fully approved entitlements in place to renovate & re-purpose approx 49 Ac of existing Rancho Mirage Country Club facilities to a resort hotel with a residential condo component.In addition to the boutique hotel & condo units, the project also includes a revitalized golf course, remodeled entries on Frank Sinatra & Bob Hope Dr, & an improved amenity package available to all existing residents.The residential component consist of 108-two & three bdr condo units (stacked flats ranging 1,481 to 1,837 SqFt) in 27 two-story buildings with additional sq.ft./lock-off suites for each (additional 480-520 SqFt with potential rental income for unit owners) which could also be made available as hotel rooms within the rental pool if the owner wishes.The additional 60 standard hospitality-only units are approx 460 SqFt.

Essential Information

MLS® #: 219016323DA
Price: $19,900,000
Acres: 25.00
Type: Lot-Land
Status: Active

Community Information

Address: 38500 Bob Hope Dr
Area: Rancho Mirage
City: RANCHO MIRAGE
County: Riverside
State: CA
Zip Code: 92270

Additional Information

Date Listed: June 6th, 2019
Days on Market: 188

Listing Details

Listing Agent: Erik Christianson (01475105)
Contact Ron Parks: Phone: 760-883-8613
Based on information from CARETS as of December 13th, 2019 at 3:16am PST. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.