$4,018,000
40.00 acres | #219075033PS
Courtesy of Desert Local Realty

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
      • Acres:40
      • Property type:Purchase
      • Sewer information:Unknown
      • Subdivision:Not Applicable-1
      • County:Riverside
      • Original List Price:$4, 791, 600
      • MLS #:219075033PS
      • Cost:4018000
      • Property subtype:Land
      • MLS #:219075033PS

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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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