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0 Avenue 50

Coachella, CA 92236
  • $2,550,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 219071124
Price Reduced
UPDATED: 42 min ago
$2,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Rancho Mariposa - Coachella provides a homebuilder with an opportunity to acquire 20 near-fully finished lots in an entry-level community with no homeowners association (HOA), and no property-specific communities facilities district (CFD). With the continued strength of the first time buyer, and the benefit of home pricing well-below the FHA loan limit. This opportunity at Rancho Mariposa is an attractive acquisition target for a homebuilder looking to deliver product starting in the $400k's. The city of Coachella continues to offer the best value proposition for residents and homebuilders in the Coachella Valley. Rancho Mariposa is one of the few remaining opportunities in the Coachella Valley for a homebuilder to capitalize on the severe lack of new entry-level home supply, and is the only remaining available near-finished lot project in the City of Coachella.

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©2022 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2022-01-28T10:35:32.077. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.bradschmett.net/homes/123788306
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0 Avenue 50 Coachella, CA 92236

  • Price: $2,550,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 42 min ago
  • MLS #: 219071124
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Not Applicable
County:
Riverside
Area:
315 - Coachella
Property Description
Rancho Mariposa - Coachella provides a homebuilder with an opportunity to acquire 20 near-fully finished lots in an entry-level community with no homeowners association (HOA), and no property-specific communities facilities district (CFD). With the continued strength of the first time buyer, and the benefit of home pricing well-below the FHA loan limit. This opportunity at Rancho Mariposa is an attractive acquisition target for a homebuilder looking to deliver product starting in the $400k's. The city of Coachella continues to offer the best value proposition for residents and homebuilders in the Coachella Valley. Rancho Mariposa is one of the few remaining opportunities in the Coachella Valley for a homebuilder to capitalize on the severe lack of new entry-level home supply, and is the only remaining available near-finished lot project in the City of Coachella.
Exterior Features

Pool No Spa Hot Tub No View No

Property Features

Cross Streets Nec Avenue 50 & Frederick Street Land Lease Type Fee Listing Terms CashSubmit Potential Use Single Family Present Use Vacant Sale Type Standard Senior Community No Sewer OtherUnknown Tax Mello Roos Unknown

Listing information © 2022 California Desert Association of Realtors.
Listing provided courtesy of Erik Christianson of The Hoffman Company.
©2022 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2022-01-28T10:35:32.077. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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Brad Schmett Real Estate Group
760-880-5845
La Quinta and Palm Springs CA,