54721 Monroe - Saddle Ranch | 34 Approved Single Family Lots
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54721 Monroe - Saddle Ranch | 34 Approved Single Family Lots
12.25 Acres of Residential Land Offered at $10,521,053 CAD in La Quinta, CA 92253
Investment Highlights
- Located within 5 minutes from Westside Elementary School, and 10 minutes from Coachella Valley High School
- 10-minute distance from the Jacqueline Cochran Regional Airport
- Several golf clubs near the area such as The Palms Golf Club, the Rancho La Quinta Country Club, and the Coral Mountain Golf Club located minutes away
Executive Summary
Saddle Ranch - With Final Map - A 34 Lot Development on 12.25 Acres. Lot Sizes Ranging from 8,626 to 14,660 square feet. Nearby New Home Construct Sold Out. Recent Home Closings in the $1.5M-$3M Range. Saddle Ranch is off the grid and powered completely by Solar! This 12.25 acre luxury new private enclave neighborhood provides exclusivity and is also a short driving distance (via car or golf car) to great shopping, restaurants off Hwy. 111, and golf. This new development will capitalize on the huge recent pandemic demand surge to suburban and second-home markets like La Quinta with ample outdoor recreation activities, which has led to record breaking year over year 29.5% home price appreciation, and less than 1 month of home supply with little new inventory expected on the horizon. Additionally several huge attractions are located nearby including both PGA West which boasts 6 golf courses, and the SilverRock Resort and golf course with the Montage & Pendry hotels. Also, not far, is the Coachella & Stagecoach Festivals at the Polo Grounds. La Quinta is known as one of the most beautiful cities in the Coachella Valley (a.k.a the Gem of the Desert) adjacent to the pristine Santa Rosa mountain range, and is home to nearly 30 golf courses, with an impressive average household income of $126,444.
Property Facts
Price | $10,521,053 CAD | Property Subtype | Residential |
Sale Type | Investment | Total Lot Size | 12.25 AC |
No. Lots | 1 | Cross Streets | Mountain View Lane |
Property Type | Land |
Price | $10,521,053 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 12.25 AC |
Cross Streets | Mountain View Lane |
1 Lot Available
Lot
Price | $10,521,053 CAD | Lot Size | 12.25 AC |
Price Per AC | $858,861 CAD |
Price | $10,521,053 CAD |
Price Per AC | $858,861 CAD |
Lot Size | 12.25 AC |
There are 34 spacious single family lots.
Description
34 Single Family Lots
PROPERTY TAXES
Parcel Number | 780-130-005 | Improvements Assessment | $262,949 CAD |
Land Assessment | $4,614,446 CAD | Total Assessment | $4,877,395 CAD |
PROPERTY TAXES
Parcel Number
780-130-005
Land Assessment
$4,614,446 CAD
Improvements Assessment
$262,949 CAD
Total Assessment
$4,877,395 CAD
zoning
Zoning Code | R (Residential) |
R (Residential) |
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54721 Monroe - Saddle Ranch | 34 Approved Single Family Lots
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