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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 Type(s):
Lot/Land/Acreage
| Last Updated | 10/25/2024 | Tract | Not Applicable-1 |
|---|---|---|---|
| Community | Sky Valley | County | Riverside |
Price History
| Prior to Mar 7, '23 | $4,791,600 |
|---|---|
| Mar 7, '23 - Nov 26, '23 | $4,100,000 |
| Nov 26, '23 - Nov 26, '23 | $4,000,000 |
| Nov 26, '23 - Aug 29, '24 | $4,100,000 |
| Aug 29, '24 - Sep 11, '24 | $3,895,000 |
| Sep 11, '24 - Today | $4,018,000 |
Additional Details
| AREA | Sky Valley |
|---|---|
| LOT | 40 acre(s) |
| LOT DIMENSIONS | 1316' x 1350' x 1355' x 1314' |
| SEWER | Unknown |
| SUBDIVISION | Not Applicable-1 |
| ZONING | W-2 |
Location
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Listed with Desert Local Realty
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