Thank you
Erik Christianson
The Hoffman Company
949-553-2020
'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.
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Total Baths: 0
Sewer : Other
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0018
Lot Size Source: Other
Lot Size Square Feet: 80
Original List Price: 24,950,000
Listing Contract Date: 2022-03-08
Listing Agreement: Exclusive Right To Sell
Parcel Number: 766020004
Association: Yes
Lease Term: Negotiable
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
Year Built Source: Vendor Enhanced
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.