40 acres Desert Pearl, Shadow Hills

Vacant Land for Sale
Catylist Listing ID: 30408167
Property Subtypes: Residential (Single Family)
Gross Land Area: 40.10 Acres
Sale Price: $3,408,500
Unit Price: $85,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/10/2019

Overview / Comments

In the bustling neighborhood known as Shadow Hills with new homes & schools going up all around. Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac). Just over a mile from new Richard Oliphat Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School. Near The Palms, a 20 acre shopping center, anchored by Walmart, Movie Theater & much more. Adjacent to Sun City Shadow Hills a 3,450 home active adult community. Desert Pearl is located in Shadow Hills area which is one of the most active submarket in the Coachella Valley.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 691-510-003, 004, 006, 007, 008, 029, 031, 034
Zoning: SINGLE RESIDENTIAL
Property Visibility: Excellent
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,431 78,982 145,524
Median Age: 65.78 36.69 36.9
Households: 1,833 26,321 48,775

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