Premier Private Estate Opportunity In Rancho Mirage, CA

Vacant Land for Sale
Catylist Listing ID: 29932366
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 1 - 4 Acres
Sale Price: $1,895,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2019

Overview / Comments

One of the premier private estate opportunities in the entire desert. 5.79 acres of flat ready to build land in the best location on Prestigious and Scenic Clancy Lane.Very flexible with a previous Tentative Map for 4 lots over 1 acre each reached by a private gated road or you could build 3, 2 or 1 huge estate. Surrounded by major estates on much smaller lots. The present owner has since completed a world class equestrian estate architectural plan which includes a 10,000 sq. Ft. home. And there is a plan that shows four remarkable Contemporary Estates on over 1 acre each you could develop. Build your dream house and control the entire property. All engineering and soils reports have been completed. Priced way below what you could purchase a similar property for ( if it existed ). Near the River and high end restaurants, 10 minutes from El Paseo and 20 minutes from PS Airport. MOTIVATED SELLER WILL REVIEW ALL OFFERS.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 682-130-003
Zoning: REA
Legal Description: APN 682-130-003 in Builder Tract 2330
Largest Nearby Street: Bob Hope
Feet of Frontage: 311
Airports: Palm Springs International
Site Description: 5.79 Acres of flat ready-to-build land on prestigious and scenic Clancy Lane of Rancho Mirage. Approved tentative map for 4 lots over 1 acre each.
Lot Frontage: 311
Zoning Description: From 1 up to 4 estate homes on this 5.79 acres
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,640 45,074 93,144
Median Age: 60.16 52.86 51.4
Households: 1,417 21,952 43,607

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