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Desert Hot Springs, Near Palm Springs, CA
Bidding Started On:
May 23, 2024 at 7:00 PM EDT
Bidding Closed | Sale Pending
Description40 rentable new construction units awaits a keen investor in the highly sought-after yet secluded oasis of Coachella Valley. Within thirty minutes of Joshua Tree National Park, Scenic Crest Villas is a first-of-its-kind gated community of modern single-family homes with detached ADUs built with cutting-edge construction, sustainable living, and imaginative design in mind. Born as a collaboration between Palm Coast Modular and Mighty Buildings, the design and build process features state-of-the-art 3D printing technology that creates net-zero energy, solar-powered, and environmentally sustainable homes. The innovative, low-emission construction involves 3D-printed wall systems with light-gauge steel roof trusses. Made out of a 60% recycled glass compound that hardens with UV light exposure, the wall panels are more robust and lighter than concrete. This new 3D-printed wall system keeps the interiors well insulated from heat and cold, while providing exceptional soundproofing. The contemporary aesthetic carries throughout the homes, offering the utmost eco-friendly technology for luxurious sustainable living, complete with turf and native plant landscaping for ultimate water conservation. Each of the 20 properties hosts two homes, connected by a custom pergola breezeway, providing four bedrooms and three bathrooms. Each backyard oasis includes a swimming pool and hot tub. Property and details provided by seller and/or others; buyer to verify.
Property Features
Total
5± acre property | 20-lot community with 40 rentable units | 1,900± sf homes | 4 bedrooms, 3 full baths
Unfurnished
Development Opportunity
Sale includes a portfolio of 20 properties, each hosting a front home and backyard ADU, totaling 40 units
Architectural Features
Sophisticated and sustainable 3D-printed wall panel system (5x stronger and 30% lighter than concrete); Triple-glazed, floor-to-ceiling windows; two-car carport with solar panel system; Virtually zero-waste construction; Built to withstand hurricanes, earthquakes, and fires; termite and mold resistant
Interior Features
Open floor plan; Chef’s kitchen with island, custom cabinetry; Modern finishes; Fully solar-powered
Outdoor Features
Swimming pool; Hot tub; Hardscaped native landscaping with turf in the backyard
Location
Gated community of Scenic Crest Villas; 20 minutes from Palm Springs and Palm Springs International Airport; 30 minutes from Joshua Tree National Park and Indio (home of Coachella Music Festival); 1.5 hours from Los Angeles; 2.5 hours to LAX
Disclosure
Auction: Property details provided by seller or others; buyer to verify. Concierge may also, in its discretion, offer additional incentives to one or more pre-auction bidders, including but not limited to guarantees and purchase terms that differ from the Purchase and Sale Contract
Deposit
Deposit: $100,000 bidder deposit required
Location
Nestled between the San Jacinto and Santa Rosa mountains in California’s Coachella Valley, Desert Hot Springs is a premier destination. This small community is part of the greater Palm Springs area and is known for mineral hot springs, dark skies perfect for stargazing, and sun-soaked luxury living. Each of the nine area towns has a distinctive personality, from Palm Desert’s shopping and recreation, to Palm Springs’ architecture and celebrity hot-spots, to Coachella’s Mexican culinary heritage and Desert Hot Springs’ wellness and relaxation. Experience world-class art, dining, shopping, championship golf and tennis with five-star spas, all within minutes of Scenic Crest Villas. Travel a while longer to the Empire Polo Club in Indio, and find yourself immersed in The Coachella Music Festival, an annual music and arts extravaganza attracting over 250,000 attendees every year. Natural diversions abound, from hiking to biking, to visiting the mighty San Andreas Fault. Enjoy the vast open skies, day or night, under a blanket of stars, or soak up the endless sun at a poolside retreat.
Fees & Commissions
Buyer's Premium
12%
Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.
Co-Broker Compensation
2%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
Map
Scenic Crest Villas, Desert Hot Springs, Near Palm Springs, CA 92240
Contact
Disclaimer
Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Our registration, licenses and bond information for California is: Concierge Auctions, LLC, Bond #66346347; Frank Trunzo, Auctioneer, Bond #E252623. Concierge International Real Estate, Inc. (a subsidiary of Concierge Auctions, LLC), Broker, Real Estate Brokerage License #02137467, 315 Montgomery St 10th Floor San Francisco, CA 94104, Telephone: (212) 202-2940. Barbara J Young, Broker, License #00689235. This property is listed for sale by eXp Realty of Southern California, Inc. dba EQTY | Forbes Global Properties, Broker, License #02187306, 10620 Treena St, Ste 230, San Diego, CA 92131, (949) 438-4908, Mike Shapiro, #02045324, (“Listing Agent”). Concierge Auctions (in certain jurisdictions) and certain Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, however, neither Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements, and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge Auctions bidder terms and conditions.
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