0 Avenue 44
Coachella, CA, 92243 $ 3,100,000
Baths0.0 Monthly Estimate*
$ 20,604
Listed by Coldwell Banker Realty
Studio
for $3,100,000. The lot size is 35.
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.
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FeaturesGeneralUtilities CableNotAvailable ElectricityNotAvailable NaturalGasNotAvailable PhoneNotAvailable SewerNotAvailable WaterNotAvailable
Zoning R-D: Resort District
HOA 0.0
View Desert Mountains
Current Use Investment
Community Features Golf
County Riverside
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name Tierra Del Sol (Coachella) (31521)
Garage Y/N N
Special Listing Conditions Trust
Status Active
Directions From 10 Fwy head north on Dillon Rd. make first left onto dirt farm road; property will be on the right with listing sign
City Coachella
View Y/N Y
Senior Community Y/N N
Zoning Description This zone is intended to provide for and encourage a neighborhood organized around a recreational entertainment or vacation destination providing a range of residential options neighborhood-serving r
MLS Area 315 - Coachella
Lot Size Units SquareFeet
Lot Size Square Feet 1524600.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://desertmlsmedia.gofullframe.com/ut/Avenue_44.html https://desertmlsmedia.gofullframe.com/bt/Avenue_44.html
Days on Market 362
Standard Status Active
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ExteriorFencing BarbedWire
Lot Features IrregularLot Level
Water Source None
Lot Size Area 1524600.0
Spa N
Lot Size Acres 35.0
Road Surface Type NotMaintained Unimproved
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $20,604
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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.
Learn more about how to save NearbyLots and land listings in Coachella, CA
Average List Price $2,928,425
Percent of Sale Price 6%
About Coachella, CA 45,574 Population
93% Since 2002
$ 37,123 Median Income
28.38 Median Age
56% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/5/2024 | $3,100,000 | -11.43% | Price Down |
| 2/19/2024 | $3,500,000 | -22.22% | Price Down |
| 6/10/2023 | $4,500,000 | | Listed Price |