$4,018,000
For Sale
40.00 acres | #219075033PS
Listing OfficeDesert Local Realty
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover an exceptional investment opportunity. This property offers prime W-2 zoned land, perfect for future development. Located just 1 mile from Desert Hot Springs, 1 mile from I-10, and 3 miles from Palm Springs, this expansive property spans 1316' x 1325' with 1316 feet of frontage along 20th Street, providing high visibility and accessibility. Nestled among serene Tamarisk trees, the land boasts a scenic backdrop with the Desert Dunes Golf Club Greens across the street. The versatile W-2 zoning opens endless possibilities, including the potential to build 40 one-acre estate homes, ranch estates, guest ranches, a winery or vineyard, mobile home parks, RV parks, agricultural ventures, livestock farming. Whether you envision a luxury estate community or a unique, income-generating enterprise, this rare parcel in a prime location offers incredible potential for visionary investors.

  • Property Details
      • SubdivisionNot Applicable-1
      • MLS #219075033PS
      • MLS #219075033PS
      • Original List Price$4,791,600
      • CountyRiverside
      • Property TypePurchase
      • Sewer InformationUnknown
      • Cost4018000
      • Property SubtypeLand
      • Acres40

Location

Marco AsaroReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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