0 Baths

$4,650,000

0 Palm Drive, Desert Hot Springs CA, 92240

Price per sqft$21.35

Lot size5 Acres

Property typeLand

Overview

Active

Listed Sep 19, 2026

Updated 2 weeks ago

25-Acre Turnkey Multifamily Site! Located in The Spa City, Desert Hot Springs, Coachella Valley $5M ($23/SF) Shovel-ready in 6 months +/-. Four parcels, raw land, zoned high density, 656-030-005, 656-030-006, 656-030,007,656-030-008. Fully entitled for 402-unit luxury gated condo community. 20-year development agreement. NMTC zone. Why this is gold for 1031 buyers: All heavy lifting done: Phase 1 environmental, CEQA, hydrology, cultural/paleo studies, biological surveys, acoustical reports, tentative tract map, CUP site plan, full conceptual design (elevations, unit plans, carports, amenities, landscape, image board, parking/photo-metrics). Developer-friendly city cooperative planning & building dept. Full due diligence package available. Buyer to verify 1031 eligibility and conduct own due diligence. Contact us today!

Additional information

MLS^® ID: 26990509

Exterior Features

Lot Size: 5 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Listed by Alizabeth James, Realty Source Incorporated, CA DRE 01945214

Listing Contact: 310-806-0910

Based on information from the CRISNet MLS as of 9/20/2026, 7:02 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.