68537 Grove Street Cathedral City, CA $ 1,625,000
68537 Grove Street
$ 1,625,000
Recently Listed New Construction
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68537 Grove Street

Cathedral City, CA, 92234
$ 1,625,000
Baths0.0

Monthly Estimate*

$ 10,138

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Studio

Lots and Land for sale in Cathedral City, CA

for $1,625,000. The lot size is 0.72.

Outstanding vacant land development opportunity in the booming core of Cathedral City. This assemblage of five contiguous APNs, intended to be merged into a single parcel, offers an ideal site for a future 15-unit apartment project. Professional design plans and concept renders for the proposed building are included, providing a clear vision of the development potential and placing the project near ready for submittal to the Planning Department. Located within a designated Opportunity Zone, the property offers significant tax-advantaged investment benefits. The site is directly adjacent to The Jasper, a brand-new Class A development now under construction, and is just moments from the sought-after Cathedral City Cove community and the revitalized, fast-growing downtown district featuring new restaurants, retail, and entertainment. With excellent proximity to Highway 111 and major employment centers, this parcel delivers outstanding visibility, strong fundamentals, and exceptional long-term upside. This is a rare chance to build in one of booming Cat City's most active and desirable growth corridors.

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Lots and Land Active

Price

$ 1,625,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.72

Town/City

Cathedral City

County/Region

Riverside

MLS | Web ID

219139423

Features
General
Sewer Unknown
HOA Fee 0.0
View Panoramic Mountain(s)
County Riverside
Property Type D
HOA No
Subdivision Name Cathedral City Cove
Status Active
City Cathedral City
Senior Community Y/N No
MLS Area 336 - Cathedral City South
Lot Size Square Feet 31363.2
Listing Terms Cash to New Loan Cash Contract 1031 Exchange
Standard Status Active
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Exterior
Lot Size Area 31362.0
Spa No
Pool Y/N? No
Lot Size Acres 0.72
Lot Size Source Other
Land Lease Type Fee
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Interior
Total Baths 0
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* Excluded Features
List By
Ethan Mezrahi

Listing Agent

Real Brokerage Technologies

Broker

Affordability Calculator

$10,138
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,138
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.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$1,625,000 Listed Price

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68537 Grove Street, Cathedral City, CA, 92234 is a Lots and Land for sale at $1,625,000 with a lot size of 0.72. 68537 Grove Street is a studio with 0.0 baths. The property's zip code is 92234 which is in Cathedral City, CA