$4,650,000

0 Palm Drive, Desert Hot Springs CA, 92240

Price per sqft$21.35

Lot size5 Acres

Property typeLand

Overview

Active

Listed Sep 8, 2026

Updated 6 days ago

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!

Additional information

MLS^® ID: 26990509

Exterior Features

Lot Size: 5 Acres

Other Property Details

View: Yes

Listed by Alizabeth James with Realty Source Incorporated
Listing Contact: 310-806-0910

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Data last updated 9/20/2026