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

305 W San Rafael Road

^$ 1,499,000

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305 W San Rafael Road

Palm Springs, CA, 92264

^$ 1,499,000

Studio Baths0.0

Monthly Estimate*

^$ 10,471

Listed by Coldwell Banker Realty

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

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

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

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

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

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

305 W San Rafael Road, Palm Springs, CA 92264 - Image 7

305 W San Rafael Road, Palm Springs, CA 92264 - Image 8

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

305 W 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

23313333

Days on Market

217

Features

General

Sewer Other

Possession CloseOfEscrow

Zoning R2

View Desert Mountains

Topography Level

County Riverside

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Subdivision Name Racquet Club West

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Cash Conventional

Directions Head North on Indian Canyon and turn left on San Rafael. The property is located between Virginia Rd and Puerta Del Sol.

City Palm Springs

View Y/N Y

Senior Community Y/N N

MLS Area 331 - North End Palm Springs

Lot Size Square Feet 176418.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name San Rafael

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://www.youtube.com/watch?v=umb1GoIDhiI

Days on Market 113

Standard Status Active

Exterior

Lot Features Flat

Total Parking 0.0

Lot Size Area 176418.0

Spa N

Lot Size Acres 4.05

Lot Size Units SquareFeet

Lot Size Source Estimated

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Road

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 305

* Excluded Features

List By

Coldwell Banker Realty

Broker

(760) 238-3530

Phone

Affordability Calculator

$10,471

Per Month

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

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$889,731

Percent of Sale Price 41%

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.

273443 Elementary School

272636 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 W 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 W 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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305 W San Rafael Road

Lots and Land for sale in Palm Springs, CA

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