Cathedral City, CA 92234

$1,170,000
List Price
$1,170,000
Status
ACTIVE
MLS#
219049348
Lot Size
3
Days on Market
41
Property Type
Land
Neighborhood
Not Applicable

Property Description

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)!

Additional Information

Sewer
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Hoffman Company.