38500 Bob Hope Drive, Rancho Mirage

$19,900,000

0 Beds
0 Baths
0 Sqft
25 Acres
0 Garages

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® #219016323
Price$19,900,000
Bathrooms0.00
Acres25.00
TypeLand
StatusActive
Community Information
Address38500 Bob Hope Drive
Area321 - Rancho Mirage
SubdivisionRancho Mirage C.C. - 2850
CityRancho Mirage
CountyRiverside
StateCA
Zip Code92270-3260
Exterior
Lot Description1089000
Additional Information
Days on Market166
Listing Details
AgentErik Christianson
OfficeThe Hoffman Company

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The information being provided by the California Desert Association of Realtors® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on November 20th, 2019 at 1:15pm PST.

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