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$1,600,000
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Property Description
Welcome to a rare agricultural and investment opportunity in the heart of Thermal, California. Spanning almost 20 acres, this cleared and well maintained property has been used as an event venue for Coachella and Stagecoach, among other events. The property is supported by its own brand new private well and receives Coachella Valley Water. Perfectly positioned for future growth, the property sits within a designated Opportunity Zone, making it ideal for investors seeking significant tax advantages alongside potential interim income. Just minutes away are some of the region's most iconic destinations, including the Coachella Valley Music and Arts Festival, the world-renowned Empire Polo Club, and luxury communities such as The Madison Club. High-profile estates and venues like Zenyara, Cavallo Ranch, and the acclaimed Desert International Horse Park are all close by, as is convenient access to Jacqueline Cochran Regional Airport. With its prime location, strong future investment potential, valuable water resources, and development-friendly zoning, this represents an exceptional opportunity for farming, investment, or future vision. Perfect for operators, investors, or those seeking a strategic landholding near the Coachella Valley's most desirable destinations. Adjoining 30 acres is also available and Seller would prefer to sell both properties together.
Full Property Details
Full Property Details for 83743 58th Ave
General
- Price: $1,600,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26649417
- Updated: 6/29/2026
- Added to Site: 162 day(s) ago
Location
- Area: Thermal
- County: Riverside
- Cross Streets: 58th and Van Buren
- Driving Directions: East of Monroe, west of Van Buren
Utilities
- Water: Well, Other
- Well: Yes
- Telecomm.: In Street
Lot Features
- Property View: Hills, Mountains, Orchard/Grove, Panoramic
- Lot Size (Acres): 19.8
- Lot Size: 862488
- Lot Size Source: Assessor
- Present Use: Agricultural, Event Venue
- Potential Use: Agricultural, Event Venue, Potential Development
- Trees/Vegetation: Medjool, Deglet Noor
- Zoning: A-1-20
- Lot Description: 2-4 Lots, Agricultural, Corners Established, Farm, Ranch, Street Asphalt
Financial Considerations
- Price Per Sq. Ft.: $757.58
Disclosures and Reports
- Disclosures/Reports: As Is
- Surveyed: Survey Done
- APN: 764-250-009
Listed by The Beverly Hills Estates, Stephen Apelian
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Price & Sales History for 83743 58th Ave
Date
Details
Price
Change
Source
2/09/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales 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 83743 58th Ave
83743 58th Ave, Thermal, CA 92274 (MLS# 26649417) is a Lots/Land property with a lot size of 19.8000 acres. 83743 58th Ave is currently listed for $1,600,000 and was received on February 09, 2026. Want to learn more about 83743 58th Ave? Do you have questions about finding other Lots/Land real estate for sale in Thermal? You can browse all Thermal real estate or contact a Coldwell Banker agent to request more information.

