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Palm Desert, CA 92211,36.18 ac NWC Portola
$1,850,000
Est. payment /mo
$6,500,000
71.5%
Est.Price: ?

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36.18 Acres Lot
SOLD DATE : 02/29/2012

Key Details

Sold Price $1,850,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Na-322

MLS Listing ID 21432485DA

Lot Size 36.180 Acres

Property Description

Screaming Deal! Submit offer! Lender Owned!! 36 acres mixed use near University Park, Palm Desert. General Plan calls for Residential up to 22 units per acre, and Business Park. The Gallery by Ponderosa Homes, an upscale residential community is adjacent to the property on the south side. Monterey Shore, a new office/business Park is adjacent to the property on the west. The City owned Desert Willow Golf Course is just south of the property with plans for a five star hotel. A future interchange is planned for Portola and I-10. Site Overview: There is a fully signalized intersection at Dinah Shore and Ave 35. A 100' right of way will need to be dedicated upon construction of freeway interchange. Parcel# 694-130-004 will need to make a $61,369 contribution for the lining of the Mid-Valley Channel prior to any permits being issued.

Location

State CA

County Riverside

Area 322 - North Palm Desert

Zoning S.I.

Exterior

View Y/N Yes

Building

Lot Description Flat

Water See Remarks

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Real Estate Owned, Short Sale

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California Regional MLS (CRMLS)
Listed by Susan Harvey • Desert Pacific Properties
Bought with Susan Harvey • Desert Pacific Properties
Devone Richard

Broker | License ID: 1002115

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

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