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$849,000
Est. payment /mo
0.58 Acres Lot
UPDATED:
12/05/2024 05:26 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Araby
MLS Listing ID 219118476PS
HOA Y/N Yes
Lot Size 0.580 Acres
Property Description
Amazing development opportunity - Over half an acre (fee land, no lease) in the coveted Araby neighborhood of south Palm Springs. Build a custom home on this flat, square lot, perfect for a large residence with a SW-facing pool and sweeping views -- or-- if you're looking for a multi-home development opportunity, this large lot can be subdivided into two approx. 13,000- sq.ft. parcels (in compliance with SB-9, see attached doc, buyer to verify). Anza Trail is a unique street near Smoketree Ranch that is reminiscent of old Palm Springs - quietly tucked away, yet just walking distance to Smoketree Commons. Numerous high-end custom homes in the $3mil range have been built around the property in the past several years, making this a valuable investment opportunity. The lot has been leveled and cleared, and a fire hydrant and water meter have been installed in preparation for development. Previously permitted, fully engineered plans for a ~3170sf home, including a separate ~650sf casita, are available to buyer upon request at no additional cost. No construction activity commenced that would prevent buyer from modifying the plans or that would impede buyer from implementing alternate plans. You won't find another property like this in such a desirable location in Palm Springs.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Fireplace No
Exterior
Fence Block, Chain Link
View Y/N Yes
View Mountain(s)
Building
Lot Description Flag Lot, Level
Others
Senior Community No
Tax ID 510130068
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Laurie Ridgeway • HomeSmart Professionals