68537 Grove Street, Cathedral City, CA 92234
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
68537 Grove Street,Cathedral City, CA 92234
$1,625,000
- 0.72 Acres
- Lots / Land
- Active
Listed by: ethan mezrahi
Office: real brokerage technologies
MLS#:219139423DA
Source:CRMLS
Price summary
- Price:$1,625,000
About this home
Outstanding vacant land development opportunity in the booming core of Cathedral City. This assemblage of five contiguous APNs, intended to be merged into a single parcel, offers an ideal site for a future 15-unit apartment project. Professional design plans and concept renders for the proposed building are included, providing a clear vision of the development potential and placing the project near ready for submittal to the Planning Department. Located within a designated Opportunity Zone, the property offers significant tax-advantaged investment benefits. The site is directly adjacent to The Jasper, a brand-new Class A development now under construction, and is just moments from the sought-after Cathedral City Cove community and the revitalized, fast-growing downtown district featuring new restaurants, retail, and entertainment. With excellent proximity to Highway 111 and major employment centers, this parcel delivers outstanding visibility, strong fundamentals, and exceptional long-term upside. This is a rare chance to build in one of booming Cat City's most active and desirable growth corridors.
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Home facts
- Listing ID #:219139423DA
- Added:52 day(s) ago
- Updated:January 23, 2026 at 11:37 AM
Structure and exterior
- Lot area:0.72 Acres
Finances and disclosures
- Price:$1,625,000
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