Colliers is pleased to present for sale Cataviña, a ±96.75-acre development opportunity in a highly sought-after area of Palm Desert. With its substantial acreage, the land offers ample space for a well-planned community that can cater to the growing demand for housing in the region. Palm Desert is known for its vibrant community, scenic landscapes, and favorable climate, making it an attractive location for potential homeowners. The area has seen a steady increase in residential property values, indicating a strong market for new housing developments. Situated in a prime location, the property provides easy access to local amenities, including shopping centers, schools, parks, and recreational facilities. Its proximity to major roads and highways also ensures convenient transportation links. The vision for this property is to create a residential oasis that harmonizes with the natural beauty of Palm Desert. The development will focus on community and quality of life, offering a range of housing options to accommodate diverse buyer preferences. The Potential Purchaser is also presented with the opportunity to further pursue entitlements for a parcel spanning approximately ±17.63 acres, which currently holds partial entitlements for 394 multifamily units. Situated adjacent to the approximately 79-acre plot, this development opportunity encompasses a meticulously planned resort-style apartment complex characterized by individual buildings. This presents the Potential Purchaser with an exceptional opportunity to establish an upscale multifamily community in a highly sought-after location.