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Indio, CA 92201,0 Avenue 50
Indio, CA 92201,0 Avenue 50
Indio, CA 92201,0 Avenue 50
$2,050,000
Est. payment /mo
$2,950,000
30.5%
Est.Price: ?

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44.5 Acres Lot
SOLD DATE : 12/30/2019

Key Details

Sold Price $2,050,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219005677DA

Lot Size 44.500 Acres

Property Description

This prime property is one of the last remaining & largest vacant available parcels within the city limits of S. Indio (affluent area of Indio) not far from the festival grounds, across the street from La Quinta and the previous sold out Toll Brothers project (Mountain View).[This area of South-West Indio adjacent to La Quinta, is known as the high end area of Indio with La Quinta home and land pricing].The price has been reduced from $6M, and is now officially priced at only $2.95M (only $66k/acre) for a quick close. This reduced price is a very low price/acre for the area-most properties in this area have sold to developers for approx. $200k-$400k+/acre. Home prices on similar lot sizes are now selling in the immediate area from $800k to $1.5M (Included Apn's: 602-070-001,-002,-004)

Location

State CA

County Riverside

Exterior

View Y/N No

Building

Sewer Other

Others

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California Regional MLS (CRMLS)
Listed by Erik Christianson • The Hoffman Company
Bought with Erik Christianson • The Hoffman Company
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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