38500 Bob Hope Dr, Rancho Mirage, CA, 92270

38500 Bob Hope Dr, Rancho Mirage, CA, 92270 < >
for sale
$19,900,000
Lot Size:25.00 Acres
Status:Active
MLS #:219016323DA
Date Updated:
For information contact:
CENTURY 21 Masters
909-595-6697
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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.
Exterior Details
Lot Size Acres: 25.0000Lot Size Square Feet: 1089000.00

Community Information
County Or Parish: RiversideDirections: From Highway 111, head North on Bob Hope Drive, site will be at SEC of Frank Sinatra Drive.
MLS Area Major: 321 - Rancho MirageSenior Community YN: 0
Sewer: UnknownSubdivision Name: Rancho Mirage C.C.

Property Information From MLS Data
Parcel Number: 685230001

Financial Information
Tax Tract: Rancho Mirage C.C.

Listing Information Courtesy of:
List Agent First Name: Erik
List Agent Last Name: Christianson
List Office Name: The Hoffman Company

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Monthly Payment for 38500 Bob Hope Dr
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$19,900,000
Down Payment:
Loan Amount:$15,920,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Erik Christianson, The Hoffman Company

Information obtained from CACRMLS is current as of 12/14/2019 11:54 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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