About this listing
Whether you are looking to develop a residential home in Desert Hot Springs (DHS), or simply to invest in appreciating land, you can't go wrong with this large, level lot with western mountain views. The property is convenient to local shopping and amenities, with a K-mart, Starbucks, and Walgreens just blocks away. The recent vote authorizing the operation of medical dispensaries, and allowing indoor Cannabis cultivation in DHS, has spurred an explosion in commercial and residential land sales. Being only two hours away from LA, and in close proximity to several other major cities, Cannabis companies are eagerly setting up shop. So much so, DHS is even being called the future Silicon Valley of the Cannabis Industry. Celebrities, like Mike Tyson, have even announced investment in the creation of Cannabis resorts, and a Cannabis themed music festivals. This is the perfect time to diversify your portfolio and invest in property.
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desert hot springs
Overview of Desert Hot Springs
Desert Hot Springs, also referred to as “DHS,” is a Riverside County city located in the Coachella Valley north of Palm Springs. The city’s name is derived from the numerous natural hot springs that dot the landscape. It is one of the few places in the world to boast naturally occurring hot and cold mineral springs due to the presence of two aquifers that are separated by the Mission Creek Fault, a branch of the San Andreas Fault.
The population of Desert Hot Springs has experienced rapid growth from the city’s founding in 1941, which is now home to over 28,000 residents. Just like other cities in The Greater Palm Springs Area, Desert Hot Springs is popular with part-time residents from cooler climates who make their home in the mild California Desert climate during the winter months. Additionally, many visitors flock to the resorts set up around the natural springs, which have created a healthy tourism economy for the city. With the legalization of marijuana, DHS was one of the first municipalities to embrace the new “cash crop” in California and is poised to continue its economic growth due to its business-friendly approach to the marijuana industry.