0 Palm Drive, Desert Hot Springs, CA 92240
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
0 Palm Drive,Desert Hot Springs, CA 92240
$5,000,000
- 5 Acres
- Lots / Land
- Active
Listed by: alizabeth james
Office: realty source incorporated
MLS#:CL26662423
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$5,000,000
About this home
25-Acre Turnkey Multifamily Site! Located in The Spa City, Desert Hot Springs, Coachella Valley $5M ($23/SF) Shovel-ready in 6 months +/-. Four parcels, raw land, zoned high density, 656-030-005, 656-030-006, 656-030,007,656-030-008. Fully entitled for 402-unit luxury gated condo community. 20-year development agreement. NMTC zone. Why this is gold for 1031 buyers: All heavy lifting done: Phase 1 environmental, CEQA, hydrology, cultural/paleo studies, biological surveys, acoustical reports, tentative tract map, CUP site plan, full conceptual design (elevations, unit plans, carports, amenities, landscape, image board, parking/photo-metrics). Developer-friendly city cooperative planning & building dept. Full due diligence package available. Buyer to verify 1031 eligibility and conduct own due diligence. Contact us today!
Contact an agent
Home facts
- Listing ID #:CL26662423
- Added:754 day(s) ago
- Updated:March 29, 2026 at 02:36 PM
Structure and exterior
- Lot area:5 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$5,000,000
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