Active
0 Avenue 44
COACHELLA CA, 92243
$2,900,000
$1.90 per sqft
Active
35 Acres
Land
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 away from this parcel of land at the Coachella Empire Polo Club. This property also holds an enviable position as the city propels towards its visionary 2035 master plan, making it an exceptional location for your real estate venture. Notably, the impending La Entrada Master Planned Community serves as a resounding testament to the city's promising future. This visionary development is poised to redefine the very fabric of Coachella, offering a harmonious blend of residential, commercial, and recreational amenities. The forthcoming La Entrada Master Planned Community promises a seamless integration of vibrant neighborhoods, expansive parks, bustling shopping centers, and captivating entertainment venues. With its strategic position within the evolving landscape of Coachella this property presents an unparalleled opportunity for astute investors and visionary developers. Embrace the potential of this prime location and become part of the city's exciting journey towards a brighter future.
OC23097579MR
MLSⓇ ID
June 9, 2023
Listed
November 22, 2024
Updated
Map
0 Avenue 44
COACHELLA CA, 92243
Exterior/Building Features
Lot Size
35 Acres
Other Property Details
Area Name
Coachella
Days on Market
419
Garage
No
View
Yes
View Description
Desert
County
Riverside
Water Source
None
Pool
No
Zoning
R-D: Resort District
Listing History
Date | Event | Price |
---|---|---|
8/1/2024 | Price change | $2,900,000 -7% |
6/5/2024 | Price change | $3,100,000 -12% |
2/19/2024 | Price change | $3,500,000 -23% |
Listed by Tracy Bourgeois with Coldwell Banker Realty
Listing Contact: 949-480-7074
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Desert Cities Home shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024