Vista Santa Rosa Real Estate

Vista Santa Rosa Real Estate

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Newest Listings in Vista Santa Rosa

$9,450,000
219151728DA MLS Active Status
The subject property is located in the County of Riverside (COR) Vista Santa Rosa Community. The COR General Plan Foundation Policy overlay is Community Development (CDO), meaning land use may be low to high density residential among the many uses allowed under this zone classification. The property is also in the City of La Quinta Sphere of Influence (SOI), meaning the development could be entitled through the COR and the annexed into the City of La Quinta in the future. Sewer is at Jackson St.The property was originally developed as a Coachella Valley based nursery by a wholesale nursery company that distributed its products to Big Box stores in Southern California. Original greenhouse improvement costs ($15 MM) excluding the land, far exceeds the current asking price. The property has a 500 gallon per minute irrigation well & pump station with storage tanks for the nursery irrigation system. County of Riverside permitted Cannabis Hemp cultivation for CBD oil production is the most recent agriculture activity at the Nursery facility. Approximately 14 acres of greenhouse is being leased to third parties cultivating Hemp. Rental per acre per month is $8,000 per month. Current General Manager with knowledge base and notoriety in the CBD hemp cultivation industry, willing to work for new ownership, to manage rental income activity moving forward.The property is located in an Opportunity Zone, which offers a tax shelter advantage to a new owner. Opportunity Zones offer tax benefits to investors who elect to temporarily defer tax on capital gains if they timely invest those gain amounts in a Qualified Zone property.

83300 58th Avenue, Thermal

$2,400,000
26649407 MLS Active Status
Welcome to a rare agricultural and investment opportunity in the heart of Thermal, California. Spanning 30 acres, this fully operational date ranch features approximately 1,100 mature trees producing Medjool dates and Deglet Noor dates, delivering annually providing long-term crop stability. The property is supported by its own private well and includes multiple functional structures, including a barn, offering flexible utility for storage, equipment, and ranch operations. Perfectly positioned for future growth, the ranch sits within a designated Opportunity Zone, making it ideal for investors seeking significant tax advantages alongside agricultural income. Just minutes away are some of the region's most iconic destinations, including the Coachella Valley Music and Arts Festival, the world-renowned Empire Polo Club, and luxury communities such as The Madison Club. High-profile estates and venues like Zenyara, Cavallo Ranch, and the acclaimed Desert International Horse Park are all close by, as is convenient access to Jacqueline Cochran Regional Airport. With its prime location, strong agricultural production, valuable water resources, and development-friendly zoning, this 30-acre date ranch represents an exceptional opportunity for farming, investment, or future vision. Perfect for agricultural operators, investors, or those seeking a strategic landholding near the Coachella Valley's most desirable destinations. Adjoining 20 acres is also available and Seller would prefer to sell both properties together.

83775 58th Avenue, Thermal

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.