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71777 Frank Sinatra Dr
Rancho Mirage, CA 92270
Land For Sale · 104.40 AC

Investment Highlights

  • Fully entitled 79 unit with additional expansion potential.
  • Existing golf course and resort-oriented infrastructure on site.

Executive Summary

The sale includes a premier golf course resort property with a significant covered land development component. The property features an approximately 17.2-acre development site that is fully entitled for 79 residential resort units, with expectations for approval of up to 108 units. The development agreement with the City of Rancho Mirage extends through 2038, providing long-term entitlement certainty and future value-add potential. Planned improvements include boutique hotel residences, resort amenities, event facilities, spa and restaurant components, replacing the existing driving range while incorporating a new state-of-the-art golf practice area with 16 Trackman simulator bays. The transaction presents a unique opportunity to acquire an existing hospitality and golf asset while capitalizing on a shovel-ready entitled development project in the Coachella Valley.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Hospitality
Total Lot Size 104.40 AC
Zoning AOS

1 Lot Available

Lot

Price $24,000,000
Price Per AC $229,885.06
Lot Size 104.40 AC

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 688-050-005
  • 688-050-003
Land Assessment
$1,374,687
Improvements Assessment
$23,811
Total Assessment
$1,398,498
  • Listing ID: 41750715

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 71777 Frank Sinatra Dr, Rancho Mirage, CA 92270

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