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$19,900,000
38500 Bob Hope Dr, Rancho Mirage, CA 92270
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $19,900,000
  • Acreage:
  • 25.00
  • Listing ID #:
  • 219016323DA
  • Street Address:
  • 38500 Bob Hope Dr
  • City:
  • Rancho Mirage
  • State:
  • California
  • Postal Code:
  • 92270
  • County:
  • Riverside
  • Community:
  • Rancho Mirage
  • Subdivision:
  • Rancho Mirage C.C.
  • Listing Status:
  • Active
  • Lot Features:
  • On Golf Course
  • Days On Market:
  • 1197
  • On Market Date:
  • 2019-06-06
  • Originating Mls:
  • Cdar
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Erik Christianson of The Hoffman Company (: 01475105)
  • CRMLS

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