Palm Drive
Desert Hot Springs, CA 92240
217,800Sqft(Lot)
25-Acre Turnkey Multifamily Site! Located in The Spa City, Desert Hot Springs, Coachella Valley $5M ($23/SF) Shovel-ready in 6 months +/-. Four parcels, raw land, zoned high density, 656-030-005, 656-030-006, 656-030,007,656-030-008. Fully entitled for 402-unit luxury gated condo community. 20-year development agreement. NMTC zone. Why this is gold for 1031 buyers: All heavy lifting done: Phase 1 environmental, CEQA, hydrology, cultural/paleo studies, biological surveys, acoustical reports, tentative tract map, CUP site plan, full conceptual design (elevations, unit plans, carports, amenities, landscape, image board, parking/photo-metrics). Developer-friendly city cooperative planning & building dept. Full due diligence package available. Buyer to verify 1031 eligibility and conduct own
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 Full Baths: 0 Half Baths: 0Water/Sewer
Water Source: Public Sewer: Other
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 5 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 217800
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Listing Price Information
Original List Price: 5,000,000 Listing Contract Date: 2026-03-07 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 656030008
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Other Property Info
Source Listing Status: Active Source Neighborhood: 340 - Desert Hot Springs Directions: From the i-10 freeway and Gene Autry - turns into Palm Drive, pass 15th ave, on the left hand side of the street. Zoning: RH Source Property Type: Land Area: 340 - Desert Hot Springs
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Ave. Merced, Desert Hot Springs, CA, 92240 | $60,000 | -- | -- | -- | 6,969.60 Sqft(Lot) |
| 18th Ave, Desert Hot Springs, CA, 92240 | $30,000 | -- | -- | -- | 13,725 Sqft(Lot) |
| Fernwood Drive, Desert Hot Springs, CA, 92240 | $1,699,000 | -- | -- | -- | 3,192,512 Sqft(Lot) |
| Hacienda Drive, Desert Hot Springs, CA, 92240 | $750,000 | -- | -- | -- | 79.23 Acres(Lot) |
| Dillon Road, Desert Hot Springs, CA, 92240 | $3,200,000 | -- | -- | -- | 574,992,247 Sqft(Lot) |
| Mccarger Road, Desert Hot Springs, CA, 92240 | $200,000 | -- | -- | -- | 439,520.40 Sqft(Lot) |
| 1 Skyline Drive, Desert Hot Springs, CA, 92240 | $199,000 | -- | -- | -- | 435,600 Sqft(Lot) |
| Mcgarger Road #LOT 1, Desert Hot Springs, CA, 92240 | $119,000 | -- | -- | -- | 108,900 Sqft(Lot) |
| Club Circle Drive, Desert Hot Springs, CA, 92240 | $150,000 | -- | -- | -- | 9,583 Sqft(Lot) |
| 12466 Highland Avenue, Desert Hot Springs, CA, 92240 | $229,900 | -- | -- | -- | 79,715 Sqft(Lot) |
Similar Land To Palm Drive
Nearby For Sale
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ByOwner last updated this listing 06/13/2026 @ 04:02
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