38500 Bob Hope Drive Rancho Mirage CA 92270 | 219016323DA

38500 Bob Hope Drive
Rancho Mirage, CA, 92270
$18,900,000
Beds
Baths
0 SqFt
25 Acres
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.

Property Details

Price:
$18,900,000
MLS #:
219016323DA
Status:
Active
Address:
38500 Bob Hope Drive
Type:
Land
City:
Rancho Mirage
Listed Date:
Jun 6, 2019
State:
CA
ZIP:
92270
Subdivision:
Rancho Mirage C.C.
Lot Size:
1,089,000 sqft / 25.00 acres (approx)
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26 / 100
Somewhat Bikeable
Minimal bike infrastructure

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38500 Bob Hope Drive
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