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Millman Team Real Estate

$5,000,000
5 Acre Lot

0 Palm Drive, Desert Hot Springs, California 92240

  • Land Property Type
Property Description

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!

Basic Details
Land
For Sale
26662423
$5,000,000
Desert, Mountain(s)
5 Acre
Active
Features
: Other
$0
Address Map
CA
Riverside
Desert Hot Springs
Agua Dulce
92240
Palm Drive
W117° 29' 50.6''
N33° 56' 27.3''
From the i-10 freeway and Gene Autry - turns into Palm Drive, pass 15th ave, on the left hand side of the street.
340 - Desert Hot Springs
RH
Additional Information
$0
$0
$0
$0
$0
: Flat
2026-03-07
: Public
Broker/Agent Information
Realty Source Incorporated
Alizabeth James
Listing Information
CLW-C113526
CLW-X80575
Active
2026-03-25T21:33:42Z
CRMLS
: Standard
2026-03-07T00:00:00Z
Agent info
Ray Millman
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