85 Lots (TTM) on Golf Course

Vacant Land for Sale
Catylist Listing ID: 30381843
Property Subtypes: Residential (Single Family)
Gross Land Area: 40.75 Acres
Sale Price: $1,200,000
Unit Price: $29,447 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/31/2019

Overview / Comments

Conveniently located off Monterey Ave. in the heart of the Coachella Valley, this 40.75 acres sits on the golf course in Shenandoah Springs, an established 55+ age restricted community with 360+ homes. Shenandoah Springs is an extension of Tri-Palms Estates, which consists of over 1,600 homes and includes 27 holes of golf. Expired TTM (# 29150-2) for 85 residential lots, with 57 golf course lots. Located in one of the most convenient areas in the Coachella Valley, with easy access to Agua Caliente Hotel & Casino and nearby major retailers (Costco, Sam’s Club, Wal-Mart, Kohl’s, PetsMart, and more). A new 12,000+ seat sports stadium (“The Shield”), located just east of Cook St. is set to break ground in the next two years. The Portola Ave/ I-10 Freeway interchange is expected to begin in 2020.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 694-060-023
Zoning: MIXED-USE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,264 19,510 81,006
Median Age: 66.34 54.43 52.61
Households: 1,223 8,901 37,901

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