$2,900,000
0 Avenue 44 Coachella, CA 92243
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Listed by Tracy Bourgeois • Coldwell Banker Realty
$2,900,000
Est. payment /mo
1,524,600 SqFt
UPDATED:
08/21/2024 01:51 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,524,600 sqft
Price per Sqft $1
MLS Listing ID CROC23097579
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 35.000 Acres
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
Interior
Fireplace No
Exterior
View Mountain(s), Other
Building
Lot Description Irregular Lot, Level
Water None
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