• Quarry Ranch Rd Road La Quinta, CA 92253

  • $24,950,000
  • 0
    Sq Ft
  • 80
    Acres
  • Listed By: Erik Christianson, The Hoffman Company, DRE #01475105
  • Source: CRMLS

'CORAL CANYON' consists of 80+/- developable residential acres, (with potential for hospitality/resort development use) situated on a total of 323+/- scenic acres (approx. 80 developable acres) in the Santa Rosa foothills in luxurious south La Quinta. The subject property is located just south of the exclusive 'The Quarry Golf Club'. The development site provides picturesque mountain and/or valley views. Coral Canyon is minutes away from three other large golf courses, The Golf Club @ La Quinta, PGA West, and Andalusia at Coral Mountain. Also, within a few miles, future hospitality customers will have access to many restaurants, shopping, Lake Cahuilla, and world-class resorts. Coral Canyon will be an opportunity for a developer to provide outstanding luxury resort product, focusing on health and wellness, to compliment one of the most scenic and well-located developable properties in the Coachella Valley. Bordered by The Quarry to the north, BOR land to the east, BLM property to the south and the Santa Rosa & San Jacinto Mountains National Monument to the west, Coral Canyon is the best and one of the last developable 'cove' parcels in the entire valley. The gently sloping terrain on which the resort will be built rises up onto a hillside resulting in premium views. Dramatic mountains and rock formations, which create a scenic, natural seclusion (are found only in the most exclusive developments in the valley), frame the core development area of Coral Canyon.

Property Type :

Land

Subdivision :

Fallbrook

County :

Riverside

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Water/Sewer

Sewer : Other

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0018

Lot Size Source: Other

Lot Size Square Feet: 80

Listing Price Information

Original List Price: 24,950,000

Listing Contract Date: 2022-03-08

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 766020004

Garage and Parking

Homeowners Association

Association: Yes

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 313 - La Quinta South of HWY 111

Directions: Via 111, head West on Airport Blvd.- Left on Madison Street- Right on 58th Ave- Continue onto Jefferson St- Left on Quarry Ranch RdThe Site will be on the left.

Source Property Type: Land

Area: 313 - La Quinta South of HWY 111

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
54015 Del Gato Drive, La Quinta, CA,92253 $1,495,000 -- -- -- 28750 Sqft
54204 Oak Tree #A131, La Quinta, CA,92253 $624,000 3 2 1,549 1742 Sqft
55458 Laurel Valley Lane, La Quinta, CA,92253 $480,000 2 2 1,288 --
78483 Calle Huerta, La Quinta, CA,92253 $559,000 4 3 2,589 8712 Sqft
55435 Tanglewood, La Quinta, CA,92253 $4,555 2 2 1,410 2614 Sqft
48010 Via Vallarta, La Quinta, CA,92253 $8,000 3 3 2,145 6534 Sqft
55480 Laurel, La Quinta, CA,92253 $3,200 3 2 2,129 3049 Sqft
54409 Oakhill, La Quinta, CA,92253 $3,500 2 2 1,549 1742 Sqft
49171 Washington Street, La Quinta, CA,92253 $4,500 3 2 1,600 3920 Sqft
78920 Skyward Way, La Quinta, CA,92253 $825,000 4 3 2,647 10454 Sqft

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ByOwner last updated this listing 04/28/2024 @ 00:08

MLS: 219075166DA
LISTED BY: Erik Christianson, The Hoffman Company
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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