54721 Monroe Street, La Quinta, CA 92253

$6,995,000

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List Price
$6,995,000
Status
ACTIVE
MLS#
26107397
Lot Size
533,610
Acres
12.25
Days on Market
2
Property Type
Land
Neighborhood
Not In A Development

Property Description

An exceptional investment opportunity in one of Southern California's premier growth corridors, this versatile Coachella Valley parcel offers an unbeatable combination of immediate utility and high-yield development upside. An existing single-family residence is fully powered, allowing an investor or owner to comfortably occupy and generate interim rental cash flow, or land-bank for long-term appreciation with zero utility delay. For developers ready to break ground, the property features a pathway to deliver 34 homes under a Tentative Tract Map (TTM), supported by a comprehensive, master-planned solar micro-grid model designed to bypass current IID grid capacity constraints and ensure total energy independence. Priced at an entry point that leaves substantial margin on the table with rare residential scale in a rapidly appreciating desert market.

Additional Information

View
Mountain(s)
Sewer
Other
Attached Structure
Detached

Listing courtesy of Listing Agent: Ginger Glass (ginger@gingerglass.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.