60995 Monroe Street

    La Quinta, CA 92253
    • $5,950,000
    • STATUS: Active
    • ON SITE: 200 days
    • MLS #: 219012625
    UPDATED: 73 min ago
    $5,950,000
    • 0
      BEDS
    • 30.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Price Reduced for Quick Close! In Opportunity Zone! Monroe 94 is an approved gated stand-alone project with excellent views of the Santa Rosa Mountains in La Quinta which is approved for 94 TTM lots and lies directly adjacent to the recently sold-out 1,238 unit Shea Homes Active Adult Trilogy at La Quinta community. This new development will help fill an undersupplied niche in the Coachella Valley market which is known for its retirees and 2nd-home buyer pool. Property could potentially be amended into a hospitality focused development with short-term rental potential (Buyer to Verify), which could benefit tremendously from the nearby Coachella Music Festivals (with 125,000 attendees, for 3 weeks a year), and BNP Paribas Open annual international professional tennis tournament (450,000+ attendees in 2019), & vacationers coming for all the other year round amenities available in the area. Potential membership discount available at adjacent Golf Club @ La Quinta. Addt'l APN 764-270-015

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    ©2019 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 2019-11-17T12:35:24.08. 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/94224517

    60995 Monroe Street La Quinta, CA 92253

    • Price: $5,950,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 219012625
    0
    Beds
    0
    Baths
    0
    ½ Baths
    30.32
    Acres
    Neighborhood:
    Trilogy
    County:
    Riverside
    Area:
    313 -La Quinta South Of Hwy 111
    Property Description
    Price Reduced for Quick Close! In Opportunity Zone! Monroe 94 is an approved gated stand-alone project with excellent views of the Santa Rosa Mountains in La Quinta which is approved for 94 TTM lots and lies directly adjacent to the recently sold-out 1,238 unit Shea Homes Active Adult Trilogy at La Quinta community. This new development will help fill an undersupplied niche in the Coachella Valley market which is known for its retirees and 2nd-home buyer pool. Property could potentially be amended into a hospitality focused development with short-term rental potential (Buyer to Verify), which could benefit tremendously from the nearby Coachella Music Festivals (with 125,000 attendees, for 3 weeks a year), and BNP Paribas Open annual international professional tennis tournament (450,000+ attendees in 2019), & vacationers coming for all the other year round amenities available in the area. Potential membership discount available at adjacent Golf Club @ La Quinta. Addt'l APN 764-270-015
    Exterior Features

    Lot Features Raw Land Pool No Spa Hot Tub No View Yes View Type Mountain(S)

    Property Features

    Cross Streets Monroe Street & 61st Avenue Land Type Fee Listing Terms Submit Potential Use Residential Present Use Vacant Sale Type Standard Senior Community No Sewer Other

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Erik Christianson of The Hoffman Company.
    ©2019 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 2019-11-17T12:35:24.08. 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
     
    Brad Schmett Real Estate Group
    760-880-5845
    La Quinta and Palm Springs CA,