Active

0 Avenue 44

COACHELLA CA, 92243

$3,500,000


$2.30 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 will be 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

May 9, 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

265


Garage

No


View

Yes


View Description

Desert


County

Riverside


Water Source

None


Pool

No


Zoning

R-D: Resort District

Listing History

Date

Event

Price

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 John & Ryan Real Estate Group 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 5/9/2024

Powered byLuxury Presence