Bank owned! Falcon Ridge Estates, Desert Hot Springs

Vacant Land for Sale
Distressed
Catylist Listing ID: 29847180
Property Subtypes: Residential (Single Family)
Gross Land Area: 79.23 Acres
Sale Price: $1,103,000
Unit Price: $13,921 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 10/16/2017

Overview / Comments

* Proposed for 29 Custom Estate Lots
* Set against the stunning backdrop of Joshua Tree National Park
* Among the highest elevations in the entire City
* 360 degree views stretching from San Jacinto Mountains across the entire Coachella Valley
* Last Sold in 2009 for $2,500,000
* Price: $1,103,000 ($13,921 per acre) ($38,034 per lot)

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 644-120-003, 644-210-005
Zoning: R-E-2.5 (RESIDENTIAL ESTATES, 2.5 ACRE MINIMUM LOT SIZE)
Market Type: Small
Property Located Between: Pierson & Hacienda
Side of Street: Northeast
Site Description: Falcon Ridge Estates is ideal for custom estate lots or a secluded getaway ranch. The property is located on one of the highest ridges in Desert Hot Springs which offers dramatic unencumbered views of the San Gorgonio, San Jacinto Mountains, and Joshua Tree National Park. Desert Hot Springs is a friendly small town atmosphere, that is sitting over on the worlds finest natural hot mineral water aquifers.
Area Description: From I-10 exit at Palm Drive, turn left (north) on Palm Drive over freeway go approximately 3 miles to Dillon Road, turn right (east) on Dillon Road for 1.5 miles. Turn left (north) on Mountain View Road for 2 miles to Hacienda Avenue. Travel 1/4 mile on Hacienda Avenue, turn left on Redbud Road, take a right on Deodar Avenue, another left on Skyline Drive. Property is at the fi rst entrance to the right on Skyline Drive. Property is behind to address at 12480 Skyline Drive, Desert Hot Springs.
Zoning Description: Rural Desert Residential (0.05 - 0.10 du/ac)
Development Name: Falcon Ridge Estates
Topography: Rolling

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 30,908 36,103
Median Age: 32.78 34.12
Households: 10,380 12,350

Contact

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