Listed by Erik Christianson with The Hoffman Company

0 Highway 111

Indian Wells, CA, 92210

$9,975,000

$9,975,000
Active
Active
 - For Sale
property_type
Land
'ONE INDIAN WELLS' consists of 15.4+/- prime acres located on two major arterial thoroughfares for the Coachella Valley including over 1,000 feet of rare frontage on Highway 111 (the longest undeveloped stretch of land on 111). The subject site is located adjacent to the premier premier luxury resorts/hotels in the region, high-end golf courses, and breathtaking 360-degree mountain views. This once in a lifetime opportunity to develop an irreplaceable property. The western 3.5 corder acres is suggested for commercial use, the middle 8-acre portion is proposed for 'Resort Residential / Short-Term Rental Development' conceptually designed for 60 homes (or up to 10DU/Acre), and the eastern 2.9 acres for a traditional hotel. (Buyer to Verify Uses). The subject property is located adjacent to the highly acclaimed 36-hole 'Indian Well's Golf Resort' ranked in the Top 25 'Best Municipal Courses in the United States'. The adjacent channel will be further improved with a paved trail known as the 'CV Link' which will allow pedestrian, golf carts, and bicycles, and allow easy access to nearby Indian Wells Golf Resort and the Indian Wells Tennis Gardens. APN: 633-310-035 is the main parcel #.
MLS® ID:
219040424DA
Listed:
3/8/20
Updated:
3/31/23
Compass
Scott Ehrens
Mobile: (760) 880-1492Email: scott@scottehrens.com

Exterior/Building Features

Lot Size
15.4 acres lot

Other Property Details

Area Name
325 - Indian Wells
Garage
No
Parking
N
View
Y
County
Riverside
Pool
No
Buyer Agency Compensation
2.000

Property History

Date
Event
Price
Value
3/27/22
Price Change
$8,950,000
112%
6/8/22
Price Change
$12,000,000
134%
2/21/23
Price Change
$9,975,000
-16%

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/31/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/31/23 at 10:18 PM UTC

Compass
Scott Ehrens
Mobile: (760) 880-1492Email: scott@scottehrens.com
Contact