Great Terms & Lender Owned: 13 Semi-Improved Single Family Lots (Expired TTM) | McCallum Way | Cathedral City, CA (Near Palm Springs) '13 SEMI-FINISHED LOTS at McCALLUM WAY' represents one of the only partially improved lot opportunities in the Cathedral City and Palm Springs area, which fills a void in a highly supply constrained market environment in the West Coachella Valley. The property location is situated well near the Cimarron Golf Course and Palm Springs International Airport. Adjacent homes with traditional architecture were recently built and sold into the $600k's, however the market suggests the more modern 'Palm Springs' architecture sells for the highest price per sq. ft. similar to the District East in Cathedral City currently selling from $350-$400+/sq. ft., which could yield total product price points here of $700k's or higher depending on home sizes. The Tentative Tract Map just expired with no extensions remaining however the city would re-approve that same entitlement in quick manner. PRICE:NOW ONLY: $90,000/'Lot' As-Is ($1,170,000)!
Listing courtesy of The Hoffman Company.