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Desert Hot Springs, CA

$5,000,000

0 Palm Drive, Desert Hot Springs, CA
0
Baths
18
Days listed

About this home

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!

Facts & features

Interior
Bathrooms
0 full, 0 half
Exterior & lot
Lot size
5 acres (217,800 sq ft)
View
Desert, Mountains
Community
Area
340 - Desert Hot Springs
County
Riverside
Listing details
Status
Active
Property type
Land
Days on market
18
Listed
2026-03-07
Parcel #
656030008
MLS #
26662423
Listed by
Alizabeth James · Realty Source Incorporated
310-806-0910alizabethjames@hotmail.comDRE #01945214

Location

Price history

Listed
$5,000,000 · 2026-03-07
Days on market
18
Current price
$5,000,000
Financing

Could this home be yours?

Estimated monthly payment
$31,366
$25,283 principal & interest · $6,083 taxes & insurance
$1,000,000
Estimate only
Loan $4,000,000

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Listing data provided by CRMLS

Listing courtesy of Realty Source Incorporated. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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