PRICE REDUCED TO $14.5M FOR QUICK CLOSE. Specific Plan approved for up to 400 residential units and 200,000 sq ft of retail/commercial including 150 hotel rooms; Regionally accessible via the San Bernadino (I-10) Freeway with major on and off ramps just north of the property; Tremendous identity with over 1,000 feet of frontage along Monterey Avenue; Existing signal at the corner of the Monterey and Dick Kelly and proposed signal along Monterey, both providing direct entrance to the property; ADT in excess of 40,000 cars per day along Monterey Avenue; in excess of 70,000 CPD at nearby Monterey & Dinah Shore intersection; Strong demographics with highly desirable Rancho Mirage address and excellent schools and shopping; Property subdivided into six(6) parcels for maximum flexibility;