CAREY ROAD | 1.4 to 1.7± GROSS ACRES PRIME INFILL POTENTIAL RESIDENTIAL (SINGLE FAMILY/TOWNHOMES/APARTMENTS), SENIOR, HOTEL, SHORT-TERM RENTAL PRIME AFFLUENT INFILL AREA SOUTH-WEST CATHEDRAL CITY WITH VIEWS OF SAN JACINTO MOUNTAINS & NEAR PALM SPRINGS BORDER This rare infill property is located in a superior location near Hwy. 111 near $1M± homes, resorts/casinos, shopping, dining, and other amenities; and is only a short drive to both Downtown Palm Springs and Downtown Cathedral City. The General Plan for this property is Resort Residential (RR), which supports either of these two zonings: • Resort Residential (RR) which allows a density of 3 to 6.5DU/acre, and a variety of uses including Single Family, Townhomes/Condos, Multi-Family and Hotel/Resort, OR • Commercial Tourist & Recreation District (CTR) which allows density up to 20DU/acre with a Conditional Use Permit (CUP). A zone change from RR to CTR would not require a General Plan Amendment. CTR allows a variety of use including potential Hospitality/Resort/Timeshare, Senior, Residential/Multi-Family, and some Commercial uses. • Short Term Rentals (STR/STVR) are allowed via a Planned Unit Development (PUD), or Conditional Use Permit (CUP). The allowance of STR’s would have to be included in the CC&R’s and will have to be managed by an HOA.