305 West San Rafael Road Palm Springs, CA ^$ 1,499,000

305 West San Rafael Road

^$ 1,499,000

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305 West San Rafael Road

Palm Springs, CA, 92264

^$ 1,499,000

Studio Baths0.0

Monthly Estimate*

^$ 10,471

305 West San Rafael Road, Palm Springs, CA 92264 - Image 1

305 West San Rafael Road, Palm Springs, CA 92264 - Image 2

305 West San Rafael Road, Palm Springs, CA 92264 - Image 3

305 West San Rafael Road, Palm Springs, CA 92264 - Image 4

305 West San Rafael Road, Palm Springs, CA 92264 - Image 5

305 West San Rafael Road, Palm Springs, CA 92264 - Image 6

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305 West San Rafael Road, Palm Springs, CA 92264 - Image 9

305 West San Rafael Road, Palm Springs, CA 92264 - Image 10

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Studio

Lots and Land for sale in Palm Springs, CA

for $1,499,000. The lot size is 4.05.

Tremendous and rare opportunity for a qualified investor/builder to purchase 4.05 acres in the vibrant Palm Springs market and build 24 dwelling units. The land is zoned R-2 and had an approved Tentative Map that recently expired proposing a twenty-four (24) unit condominium project on the one 4.05 acre lot. The proposed development consisted of four (4) attached condominium units in six buildings symmetrically placed around a center plaza or common area with off-street parking at the ends of the development. This is a fantastic opportunity to acquire a prime piece of land in Palm Springs and develop a highly desirable project. Investors and builders are encouraged to contact us to learn more about this development opportunity.

Lots and Land Active

Price

^$ 1,499,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

4.05

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

0023313333

Features

General

Zoning R2

View Mountain(s) Desert

County Riverside

New Construction No

Property Type D

HOA / Comm Assn No

Subdivision Name Racquet Club West

Status Active

City Palm Springs

Buyer Agent Compensation 2.50

View Y/N Yes

Senior Community Y/N No

MLS Area 331 - Palm Springs North End

Lot Size Square Feet 176418.0

Street Name San Rafael

Land Lease Y/N No

Virtual Tour https://www.youtube.com/watch?v=umb1GoIDhiI

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Lot Size Area 176418.0

Lot Size Acres 4.05

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Street Suffix Road

Total Baths 0

* Excluded Features

List By

Panayot Tomov

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$10,471

Per Month

Monthly Principal & Interest: $10,471
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Palm Springs, CA

Average List Price ^$875,843

Percent of Sale Price 42%

About Palm Springs, CA

46,525 Population

9% Since 2002

^$49,313 Median Income

54.63 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2024	$1,499,000	-11.56%	Price Down
9/26/2023	$1,695,000		Listed Price

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305 West San Rafael Road, Palm Springs, CA, 92264 is a Lots and Land for sale at $1,499,000 with a lot size of 4.05. 305 West San Rafael Road is a studio with 0.0 baths. The property's zip code is 92264 which is in Palm Springs, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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305 West San Rafael Road

Lots and Land for sale in Palm Springs, CA

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