60584 Polk Street
Thermal, CA, 92274 $ 8,000,000
Baths0.0 Monthly Estimate*
$ 49,910
Studio for $8,000,000.
If you're dreaming big, you gotta dream even bigger—because I've got the biggest opportunity in Thermal, CA! This is truly a once-in-a-lifetime chance to own 37.5 acres of prime land in one of the fastest-growing, most highly sought-after regions of the Coachella Valley. Situated right next to the world-famous Thermal Club, this location offers unmatched prestige and visibility. The Thermal Club is an exclusive, luxury motorsports facility known for its private racing circuits, multimillion-dollar villas, world-class clubhouse, fine dining, car condominiums, and celebrity-studded membership. Being neighbors with one of the most elite car-enthusiast communities in the world puts this property in a league of its own. Just one mile from the Thermal Airport, you're perfectly positioned where private jets carrying A-list celebrities land every year for the legendary Coachella Music Festival and Stagecoach Festival. This area explodes with global attention annually, making the investment potential here extraordinary. Even more exciting, you're only one mile from the upcoming Thermal Ranch development—a transformative 620-acre equestrian master-planned community featuring future homes, hotels, restaurants, boutique retail, and an expansive world-class horse park. Once complete, Thermal Ranch is expected to bring immense demand, growth, and value to the surrounding land. This 37.5-acre parcel is located in an OPPORTUNITY ZONE, offering significant long-term tax advantages for investors and developers. Zoned A-2 (Heavy Agriculture), the possibilities are endless—from agriculture to special events, equestrian uses, storage, ranching, or future development potential (buyer to verify). The property is fully equipped with utilities, including: ✔ Multiple septic tanks ✔ A private water well ✔ Canal water access ✔ Several mobile homes on site ✔ Steel workshop buildings With flat topography, easy access, and infrastructure already in place, this land is ready for your vision—whether you're building, investing, or creating something completely new. Opportunities of this scale, in this location, simply don't come around twice. Dream bigger—this is your moment to own a landmark property in Thermal, CA.
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FeaturesGeneralSewer Septic Tank
Utilities Electricity Available Electricity Connected
Possession Close Plus 2 Days
HOA Fee 0.0
Exclusions Machinery and some personal items
View Mountain(s) Desert
Current Use Farm Ranch Manufactured Home Cattle Warehouse Agricultural
County Riverside
Property Type D
HOA No
Subdivision Name Thermal
Possible Use Horses Subdivision Farm Recreational Nursery Manufactured Home Cattle Investment
Status Active
High School Desert Mirage
City Thermal
School District Coachella Valley Unified
Senior Community Y/N No
Zoning Description Assessor
MLS Area 316 - Thermal
Lot Size Square Feet 0.0
Listing Terms Cash
Middle/Junior High School Cahuilla Desert Acad
Standard Status Active
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ExteriorFencing Chain Link
Lot Features Agricultural
Water Source Well
Lot Size Area 1638727.0
Spa No
Pool Y/N? No
Lot Size Acres 0.0
Lot Size Source Assessor
Land Lease Type Fee
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* Excluded FeaturesList ByJuan MartinezListing Agent
Better Homes And Gardens Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $49,910
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 Thermal, CA
Average List Price $2,992,407
Percent of Sale Price 63%
About Thermal, CA 2,440 Population
-9% Since 2002
$ 29,922 Median Income
28.96 Median Age
54% Households with Children
Trends Information provided by ATTOM Data Solutions.
2741483 Elementary School
2785874 Middle School
Desert Mirage High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/30/2025 | $8,000,000 | | Listed Price |