$700,000
$749,999
6.7%For more information regarding the value of a property, please contact us for a free consultation.
12.58 Acres Lot
SOLD DATE : 04/12/2021
Key Details
Sold Price $700,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW20159393
Sold Date 04/12/21
HOA Y/N No
Lot Size 12.580 Acres
Property Description
On the hunt for the perfect opportunity to build your dream home near all the action in the desert? This is the ideal block for those looking to embark on a farming venture or even subdivide into 2.5-acre ‘ranchettes’ and capitalize on the highly sought-after location just a ¼-mile from developed subdivisions.
The location is perfectly suited for hemp farming while anyone with a passion for horses could look to create an equestrian or horse rehabilitation center since there are already nearby successful equestrian and polo grounds. Beyond farming, the opportunities are truly endless with the potential to transform this site into an RV park or mobile home development. You could even leverage the prime position and use the land for parking for the ever-popular Coachella and Stagecoach festivals. There is currently an active well that is being used by the farming tenant, ensuring this is a great property to simply buy and hold for future growth.
A host of renowned golf courses, festival sites, and attractions are just moments from this prized address while the center of Indio is within easy reach. The nearby Jacqueline Cochran Regional Airport and I-10 ensure accessibility and convenience. Endless opportunities await on this prime parcel of land. Come take a drive n' tour and see what exciting options await your future!
Video Link: https://tinyurl.com/CalhounLandVideo
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning A-1
Interior
Fireplace No
Exterior
Community Features Rural
View Y/N Yes
View Mountain(s)
Building
Lot Description 11-15 Units/Acre, Agricultural
Water Agricultural Well
New Construction No
Others
Senior Community No
Tax ID 779330020
Acceptable Financing Cash, Owner May Carry, Private Financing Available
Listing Terms Cash, Owner May Carry, Private Financing Available
Financing Cash
Special Listing Condition Standard
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Bought with RoseAnne Foxx • Bennion Deville Homes