Palm Drive, Desert Hot Springs, CA 92240
- $4,650,000
- List Price
- $4,650,000
- Status
- ACTIVE
- MLS#
- 26990509
- Lot Size
- 217,800
- Acres
- 5
- Lot Location
- Flat
- Days on Market
- 12
- Property Type
- Land
- Neighborhood
- Agua Dulce
Property Description
25-Acre Turnkey Multifamily Site! Located in The Spa City, Desert Hot Springs, Coachella Valley $5M ($23/SF) Shovel-ready in 6 months +/-. Four parcels, raw land, zoned high density, 656-030-005, 656-030-006, 656-030,007,656-030-008. Fully entitled for 402-unit luxury gated condo community. 20-year development agreement. NMTC zone. Why this is gold for 1031 buyers: All heavy lifting done: Phase 1 environmental, CEQA, hydrology, cultural/paleo studies, biological surveys, acoustical reports, tentative tract map, CUP site plan, full conceptual design (elevations, unit plans, carports, amenities, landscape, image board, parking/photo-metrics). Developer-friendly city cooperative planning & building dept. Full due diligence package available. Buyer to verify 1031 eligibility and conduct own due diligence. Contact us today!
Additional Information
- View
- Desert, Mountain(s)
- Sewer
- Other
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Alizabeth James (alizabethjames@hotmail.com) from Listing Office: Realty Source Incorporated.
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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.