Listing provided courtesy of Alizabeth James of Realty Source Incorporated. Last updated 2026-04-29 08:26:26.000000. Listing information © 2026 Sandicor.
Asking Price: $5,000,000 |
Palm Drive, Desert Hot Springs CA 92240
Community: 340 - Desert Hot Springs
This property was built in 0 and is priced at $5,000,000. Please see the additional details below.
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!
