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0 Avenue 44, Coachella, CA 92243
$3,500,000
0 Avenue 44, Coachella, CA 92243View this property at 0 Avenue 44, Coachella, CA 92243
0 Avenue 44CoachellaCA92243
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Property Description
Welcome to an extraordinary investment, development, and builder prospect in the heart of Coachella, California. This expansive 35-acre parcel of level land presents a lucrative development opportunity due to its prime location adjacent to the Eagle Falls 18-hole Golf Course, its proximity to the 10 freeway, and the esteemed Fantasy Springs Casino. With awe-inspiring views of the surrounding mountains, this remarkable property is currently zoned R-D: Resort District. This zoning update as of August 2023 is a true game-changer, as it unlocks a multitude of development opportunities for investors, builders, and developers alike. Embracing the Resort District zoning, the property will offer an array of exciting possibilities including hotels, motels, restaurants, single-family homes, duplexes, triplexes, fourplexes, golf courses, multi-family dwellings, tourist attractions, and much more. The expansion of potential uses broadens the horizon for growth and profitability, ensuring a highly lucrative investment for those with the foresight to seize this unique chance.
It is important to note the COACHELLA Music and Art Festival and STAGECOACH are held in this area every year drawing in thousands of visitors over several weekends. In 2024, both events will be held approximately six miles away from this parcel of land at the Coachella Empire Polo Club.
This property also holds an enviable position as the city propels towards its visionary 2035 master plan, making it an exceptional location for your real estate venture. Notably, the impending La Entrada Master Planned Community serves as a resounding testament to the city's promising future. This visionary development is poised to redefine the very fabric of Coachella, offering a harmonious blend of residential, commercial, and recreational amenities. The forthcoming La Entrada Master Planned Community promises a seamless integration of vibrant neighborhoods, expansive parks, bustling shopping centers, and captivating entertainment venues.
With its strategic position within the evolving landscape of Coachella this property presents an unparalleled opportunity for astute investors and visionary developers. Embrace the potential of this prime location and become part of the city's exciting journey towards a brighter future.
Full Property Details
Full Property Details for 0 Ave 44
General
- Price: $3,500,000
- Status: Active
- Type: Lots/Land
- MLS ID: OC23097579
- Updated: 3/22/2024
- Days on Market: 327 days
- Added to Site: 327 day(s) ago
Location
- Area: 315 - Coachella
- County: Riverside
- Development Name: 315 - Coachella
- Subdivision: Tierra Del Sol (Coachella) (31521)
- Driving Directions: From 10 Fwy, head north on Dillon Rd., make first left onto dirt farm road; property will be on the right with listing sign
- Dist. to Freeway: 1 mile
- Shopping: 4 miles
- Dist. to Beach: .2 miles (Miles)
- Dist. to Schools: 4 miles
- Dist. to Churches: 2 miles
Utilities
- Water: None
- Dist. to Water: .2 miles
- Utility Description: Cable Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Sewer Not Available, Water Not Available
Lot Features
- Property View: Desert, Mountain(s)
- Lot Size (Acres): 35
- Lot Size (Sq. Ft.): 1,524,600
- Lot Size Source: Assessor
- Soil: Sand
- Zoning: R-D: Resort District
- Lot Description: Golf
- Fencing (Description): Barbed Wire
Financial Considerations
- Price Per Sq. Ft.: $2.3
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
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Schools
Schools serving 0 Ave 44
School District:Desert Sands Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
82850 Kenner Ave, Indio, CA 92201 | K-5 | 2.8 mi | |
79767 Avenue 39, Indio, CA 92203 | 6-8 | 6.4 mi | |
39225 Jefferson St, Indio, CA 92203 | 9-12 | 6.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 Ave 44
Date
Details
Price
Change
Source
2/18/2024
Price Reduced
$3,500,000
-22.22%
MLS
6/09/2023
Listed
$4,500,000
-50%
MLS
10/24/2022
Sold
$9,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Ave 44
Year
Property Taxes
Change
Tax Assessment
Change
2023
$535
3%
$46,488
4%
2021
$519
-1%
$44,684
-2%
2022
$522
-2%
$45,577
3%
2020
$530
1%
$44,226
2%
2019
$526
1%
$43,359
2%
2018
$520
8%
$42,509
2%
2017
$481
4%
$41,676
2%
2016
$462
2%
$40,859
2%
2015
$452
2%
$40,246
2%
2014
$445
2%
$39,458
—
2013
$438
—
$39,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Ave 44
0 Avenue 44, Coachella, CA 92243 (MLS# OC23097579) is a Lots/Land property with a lot size of 35.0000 acres. 0 Avenue 44 is currently listed for $3,500,000 and was received on June 09, 2023. This property is listed by Tracy Bourgeois from our Newport Beach Office.Want to learn more about 0 Avenue 44? Do you have questions about finding other Lots/Land real estate for sale in Coachella? You can browse all Coachella real estate or contact a Coldwell Banker agent to request more information.