Highway 111, Indian Wells, CA 92210

$9,975,000
List Price
$9,975,000
Price Change
▼ $2,025,000 1677069867
Status
ACTIVE
MLS#
219040424
Lot Size
670,824
Days on Market
1117
Property Type
Land
Neighborhood
Not Applicable

Property Description

'ONE INDIAN WELLS' consists of 15.4± prime acres located on two major arterial thoroughfares for the Coachella Valley including over 1,000 feet of rare frontage on Highway 111 (the longest undeveloped stretch of land on 111). The subject site is located adjacent to the premier premier luxury resorts/hotels in the region, high-end golf courses, and breathtaking 360-degree mountain views. This once in a lifetime opportunity to develop an irreplaceable property. The western 3.5 corder acres is suggested for commercial use, the middle 8-acre portion is proposed for 'Resort Residential / Short-Term Rental Development' conceptually designed for 60 homes (or up to 10DU/Acre), and the eastern 2.9 acres for a traditional hotel. (Buyer to Verify Uses). The subject property is located adjacent to the highly acclaimed 36-hole 'Indian Well's Golf Resort' ranked in the Top 25 'Best Municipal Courses in the United States'. The adjacent channel will be further improved with a paved trail known as the 'CV Link' which will allow pedestrian, golf carts, and bicycles, and allow easy access to nearby Indian Wells Golf Resort and the Indian Wells Tennis Gardens. APN: 633-310-035 is the main parcel #.

Additional Information

Land Lease Type
Fee
View
Mountain(s)
Sewer
Public Hookup Available

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Calculator source: Real Geeks

Listing courtesy of The Hoffman Company.