$5,000,000

0 Palm Drive, Desert Hot Springs, CA 92240

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
March 7, 2026
Data Last Updated:
April 6, 2026 at 7:08AM
Listing Office:
Realty Source Incorporated : 877-449-7653
Listing Agent:
Alizabeth James : 310-806-0910
MLS ID:
CL26662423
  • County: Riverside
  • Zoning: RH656030008
  • View: Mountain(s)OtherView
  • Utilities: Other Water/Sewer
  • Sewer: Other

This listing courtesy of Alizabeth James , Realty Source Incorporated

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

Two Bunch Palms Elementary School

14250 West Dr, Desert Hot Springs, CA, 92240

Grades KG-5

0.49 miles away

D

Desert Springs Middle School

66755 Two Bunch Palms Trl, Desert Hot Springs, CA, 92240

Grades 6-8

1.10 miles away

D

Desert Hot Springs High School

65850 Pierson Blvd, Desert Hot Springs, CA, 92240

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

0 20th Avenue, Desert Hot Springs, CA 92240
Land For Sale

$5,000,000

  • 2,570,040 sqft |
  • 59 acre lot
0 20th Avenue Desert Hot Springs, CA 92240

#CRSW25176731 - Sunset Properties