38500 Bob Hope Drive Rancho Mirage CA 92270 | MLS 219016323DA

38500 Bob Hope Drive
Rancho Mirage, CA, 92270
$19,900,000
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:
$19,900,000
MLS #:
219016323DA
Status:
Active
Address:
38500 Bob Hope Drive
Type:
Land
City:
Rancho Mirage
Listed Date:
Jun 6, 2019 (186 days)
State:
CA
ZIP:
92270
Subdivision:
Rancho Mirage C.C.
Lot Size:
1,089,000 sqft / 25.00 acres (approx)

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Courtesy of The Hoffman Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Palm Springs, Coachella Valley, and High Desert. Detailed information about real estate listings held by brokerage firms other than Leaskou Partners, Inc include the name of the listing broker. Neither the listing company nor Leaskou Partners, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2019. Palm Springs, Coachella Valley, and High Desert. All rights reserved.
38500 Bob Hope Drive
Rancho Mirage, CA