0 Avenue 44 Coachella, CA 92243
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Tracy Bourgeois / Charles Iverson - Contact:  949-480-7074

  0 Avenue 44 Coachella, CA 92243

Active (1121 Days)
$2,900,000

Description

Welcome to an extraordinary investment, development, and builder prospect in the heart of Coachella, California. This expansive 35-acre parcel of level land presents a lucrative development opportunity due to its prime location adjacent to the Eagle Falls 18-hole Golf Course, its proximity to the 10 freeway, and the esteemed Fantasy Springs Casino. With awe-inspiring views of the surrounding mountains, this remarkable property is currently zoned R-D: Resort District. This zoning update as of August 2023 is a true game-changer, as it unlocks a multitude of development opportunities for investors, builders, and developers alike. Embracing the Resort District zoning, the property will offer an array of exciting possibilities including hotels, motels, restaurants, single-family homes, duplexes, triplexes, fourplexes, golf courses, multi-family dwellings, tourist attractions, and much more. The expansion of potential uses broadens the horizon for growth and profitability, ensuring a highly lucrative investment for those with the foresight to seize this unique chance.



It is important to note the COACHELLA Music and Art Festival and STAGECOACH are held in this area every year drawing in thousands of visitors over several weekends. In 2024, both events were held approximately six miles away from this parcel of land at the Coachella Empire Polo Club.



This property also holds an enviable position as the city propels towards its visionary 2035 master plan, making it an exceptional location for your real estate venture. Notably, the impending La Entrada Master Planned Community serves as a resounding testament to the city's promising future. This visionary development is poised to redefine the very fabric of Coachella, offering a harmonious blend of residential, commercial, and recreational amenities. The forthcoming La Entrada Master Planned Community promises a seamless integration of vibrant neighborhoods, expansive parks, bustling shopping centers, and captivating entertainment venues.



With its strategic position within the evolving landscape of Coachella this property presents an unparalleled opportunity for astute investors and visionary developers. Embrace the potential of this prime location and become part of the city's exciting journey towards a brighter future.

MLS #:
OC23097579
Lot Size
35 acres
Type
Land
Views
Desert, Mountain(s)
County
Riverside County
Community
Tierra Del Sol (Coachella) (31521)

Listed By

Tracy Bourgeois, DRE #02053309 CA, Coldwell Banker Realty, Contact: 949-480-7074
Charles Iverson, DRE #01241096 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Nov 25 2024 at 7:58 AM GMT+0000
Bathroom Details
Subdivision
  • Tierra Del Sol (coachella) (31521)
Lot Information
  • Level
  • Irregular Lot
Utility Information
  • Utilities: Water Not Available, Sewer Not Available, Cable Not Available, Natural Gas Not Available, Phone Not Available, Electricity Not Available
Additional Information: Newport Beach | 949-480-7074
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 01, 2024
Price Changed
$2,900,000
-6%
-200,000
Jun 05, 2024
Price Changed
$3,100,000
-11%
-400,000
Feb 19, 2024
Price Changed
$3,500,000
-22%
-1,000,000
Jun 09, 2023
Original Price
$4,500,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.