Palm Desert, CA 92260

$7,250,000
List Price
$7,250,000
Status
ACTIVE
MLS#
219049377
Lot Size
18
Days on Market
40
Property Type
Land
Neighborhood
Not Applicable

Property Description

The Sands | 388 Approved Multi-Family Units on 18 Acres | Fully Entitled | Palm Desert, CA The Sands is an infill location in the City of Palm Desert close to all the Civic Center Park and Golf Center, and immediately adjacentto the 20 acre City Soccer Park and adjacent to the highest rated Elementary School in the area. Within 5 minute drive are the Palm Desert High School and several expanding college campuses including the College of the Desert, Cal State San Bernardino and UC Riverside. Across the street is the JW Marriott Desert Springs Hotel & Resort and Springs Villas. 'The Sands' will have 388 units comprised of 310 Market Rate Units and 78 affordable units*. The property can be built in eight (8) phases however most likely will be built in Two (2) Phases.

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.