Avenue 44, Property Listing: MLS® #OC23097579

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 were 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

Avenue 44, Property Listing: MLS® #OC23097579 Close
Page Summary
REDUCED
  • MLS® #: OC23097579
  • Avenue 44
  • , CA 92243
  • $2,900,000
  • 1524600 SqFt, 35.00 Acres
  • Office: Coldwell Banker Realty

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 were 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

Supplemental Remarks

Essential Information

  • MLS® #OC23097579
  • Listing Price$2,900,000
  • Original Listing Price$4,500,000
  • List Price per Square Foot$1.90
  • Date ListedJune 9th, 2023
  • Days on Market438
  • Square Footage1,524,600
  • Acres35.00
  • Lot Sq.Ft.1,524,600
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$2

Community Information

  • AddressAvenue 44
  • AreaIMP CTY-EL CENTR (92243)
  • CountyRiverside
  • StateCA
  • Zip Code92243
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Nearby Schools in

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.

Listing information last updated on December 2nd, 2024 at 3:08am PST.