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$2,900,000
Est. payment /mo
35 Acres Lot
UPDATED:
08/20/2024 06:57 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC23097579
HOA Y/N No
Lot Size 35.000 Acres
Acres 35.0
Property Description
Welcome to an extraordinary investment, development, and builder prospect in the heart of Coachella, California. This expansive 35-acre parcel of level land presents a lucrative development opportunity due to its prime location adjacent to the Eagle Falls 18-hole Golf Course, its proximity to the 10 freeway, and the esteemed Fantasy Springs Casino. With awe-inspiring views of the surrounding mountains, this remarkable property is currently zoned R-D: Resort District. This zoning update as of August 2023 is a true game-changer, as it unlocks a multitude of development opportunities for investors, builders, and developers alike. Embracing the Resort District zoning, the property will offer an array of exciting possibilities including hotels, motels, restaurants, single-family homes, duplexes, triplexes, fourplexes, golf courses, multi-family dwellings, tourist attractions, and much more. The expansion of potential uses broadens the horizon for growth and profitability, ensuring a highly lucrative investment for those with the foresight to seize this unique chance. It is important to note the COACHELLA Music and Art Festival and STAGECOACH are held in this area every year drawing in thousands of visitors over several weekends. In 2024, both events were held approximately six miles a
Location
State CA
County Riverside
Area Listing
Zoning R-D:
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, No Water/Sewer, Sewer Not Available, Water Not Available, Cable Not Available, Electricity Not Available, Natural Gas Not Available
View Y/N true
View Mountain(s), Other
Building
Lot Description Irregular Lot, Level
New Construction No
Others
Tax ID 696520002
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Listed by Tracy Bourgeois • Coldwell Banker Realty
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