60 Avenue 52 - Residential LAND FOR SALE


Coachella, CA 92236 2,613,600 SF
$3,995,000 USD
949-553-2020
60 Avenue 52, Coachella, CA for Sale
$3,995,000 USD
Residential LAND - FOR SALE
1/3
2,613,600 SF

60 Avenue 52
Coachella, CA 92236


HIGHLIGHTS

  • PREVIOUSLY APPROVED TENTATIVE TRACT MAP FOR 206 RESIDENTIAL LOTS ON 60 ACRES (UP TO 212 TOTAL POTENTIAL UNITS)
  • WITHIN APPROVED SPECIFIC PLAN | OTHER USES INCLUDE STR, AGRICULUTRE OR CANNIBIS* | OPPORTUNTY ZONE
  • PRICE REDUCED FROM $4.95M to only $3.95M!

OVERVIEW

PRICE REDUCED FROM $4.95M to $3.95M! (Effective Potential Lot Basis Price of only $18.6k/Lot with 212 Proposed Lots)! COACHELLA 60 ACRES AT AVENUE 52 is located near I-10, and just east of the Hwy. 86 / Avenue 52 exit within the path of development, with uses that include single family residential, short-term rental (per City approval) or long-term rentals (BTR), agriculture, or potentially cannabis cultivation (per City approval). The City of Coachella has some of the best-selling residential projects in the entire Coachella Valley. This property was previously entitled for 206 Residential Tentative Tract Map Lots (7,000 which was previously entitled for 206 Residential Tentative Tract Map Lots (7,000 sq. ft. min in size), and can provide an opportunity as an sq. ft. min in size), and can yield up to 212± total lots. This property is also located near Jacqueline Cochran Airport, Thermal Club Race Track, and Coachella Music Festival. The latest conceptual/proposed plans for this future project include 188 single family lots with 7,000 to 10,000+ sq. ft. lots and amenities that include an Administration O?ce, Golf Course & Restaurant, Parking, Tennis Club, Dog Park, Garden & Stargazing, Art School, Ateliers, Yoga & Meditation Garden, Common Pool + Gym + Open Air Basketball Court, Open Air Cinema, Kid Playground, Coachella is called the City of Eternal Sunshine not just for the climate but also for the strong family values that helped it grow from a modest farm Fireplace & Barbeque Area, Hobby Garden, Open Air Beach Volleyball and CV Link Connection Area (all subject to change).

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/ACRE

$66,583/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

60 Residential Acres | Previous 206 TTM Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

60 AC

LAND SF

2,613,600 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-R

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Erik ChristiansonThe Hoffman CompanyMore Info
949-553-2020

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Erik ChristiansonThe Hoffman CompanyMore Info
949-553-2020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.