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Desert Pearl - 40 AC Priced for Quick Sale!

40.1 Acres of Residential Land Offered at $3,706,443 CAD in Indio, CA 92203

Investment Highlights

  • Expired map for 132 lots
  • Close to new retail centers
  • In the bustling neighborhood of Shadow Hills in Indio with new schools and new homes being built all around
  • The city of Indio is leading the charge in growth as one of the fastest growing cities in California

Executive Summary

- In the bustling neighborhood known as Shadow Hills with new homes & schools going up all around
- Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac)
- Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School
- Near The Palms, a 20 acre shopping center, anchored by Walmart, Movie Theater & much more!
- Adjacent to Sun City Shadow Hills a 3,450 home active adult community
- The City of Indio, known as the “City of Festivals” plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals and
attracts over 1.4 million visitors annually

Property Facts In Escrow

Price $3,706,443 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 40.10 AC

1 Lot Available

Lot

Price $3,706,443 CAD
Price Per AC $92,430 CAD
Lot Size 40.10 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 691-510-007
  • 691-510-003
  • 691-510-029
  • 691-510-031
  • 691-510-034
  • 691-510-008
  • 691-510-004
  • 691-510-006
Land Assessment
$1,912,889 CAD
Improvements Assessment
$27,302 CAD
Total Assessment
$1,940,192 CAD

zoning

Zoning Code R1
R1
  • Listing ID: 15704361

  • Date on Market: 2019-04-11

  • Last Updated:

  • Address: Desert Pearl, Indio, CA 92203

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