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34429853
34429852

Avenue 52, Coachella, CA 92236 For Sale

Hoffman Company
Listed by Hoffman Company
$3,995,000
2 days on market
Updated 2 days ago

Avenue 52 - 60 Acres Coachella

Details
Property Type Land
Sub Type Agricultural, Residential (+1)
Acreage 60.000
Zoning Residential
Sale Condition N/A

PRICE REDUCED! 60 ACRES UP TO 212 RESIDENTIAL LOTS - AVE 52, COACHELLA

Marketing description

COACHELLA 60 ACRES AT AVENUE 52 is located near I-10, and just east of the Hwy. 86 / Avenue 52 exit within the path of development, with uses that include single family residential, short-term rental (per City approval) or long-term rentals (BTR), agriculture, or potentially cannabis cultivation (per City approval). The City of Coachella has some of the best-selling residential projects in the entire Coachella Valley. This property was previously entitled for 206 Residential Tentative Tract Map Lots (7,000 which was previously entitled for 206 Residential Tentative Tract Map Lots (7,000 sq. ft. min in size), and can provide an opportunity as an sq. ft. min in size), and can yield up to 212± total lots. This property is also located near Jacqueline Cochran Airport, Thermal Club Race Track, and Coachella Music Festival.

The latest conceptual/proposed plans for this future project include 188 single family lots with 7,000 to 10,000+ sq. ft. lots and amenities that include an Administration O?ce, Golf Course & Restaurant, Parking, Tennis Club, Dog Park, Garden & Stargazing, Art School, Ateliers, Yoga & Meditation Garden, Common Pool + Gym + Open Air Basketball Court, Open Air Cinema, Kid Playground, Coachella is called the City of Eternal Sunshine not just for the climate but also for the strong family values that helped it grow from a modest farm Fireplace & Barbeque Area, Hobby Garden, Open Air Beach Volleyball and CV Link Connection Area (all subject to change).

Investment highlights

PRICE REDUCED from $4.95M to only $3.95M!

(Effective Potential Lot Basis Price of only $18.6k/Lot with 212 Proposed Lots)!

60 ACRES | PREVIOUSLY APPROVED 206 SINGLE FAMILY LOTS (TTM)

UP TO 212 POTENTIAL RESIDENTIAL LOTS

WITHIN APPROVED BRANDENBURG BUTTERS SPECIFIC PLAN

OTHER POTENTIAL USES INCLUDE AGRICULTURE OR CANNABIS*

LOCATED ON AVENUE 52 NEAR HWY. 86 | NOT FAR FROM ELECTRICAL SUBSTATION

Listing Contacts

Hoffman Company
Listed by Hoffman Company

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