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Desert Rose 4 Land Properties Offered at $42,840,000 in Rancho Mirage, CA
Investment Highlights
- Largest contiguous undeveloped section remaining in Rancho Mirage.
- Utilites: Water (CVWD), Sewer (CVWD), Electric (IID) to site.
- Signalized Intersection - High Traffic count - Bob Hope Drive 15,465 CPD - Dinah Shore Drive 16,709 CPD.
- Within a mile of the I-10 - Centrally Located - 15 minutes from Palm Springs & La Quinta
- Close in proximity to Del Webb Rancho Mirage, Cotino (Story Living By Disney), Mission Hills Country Club, and Agua Caliente Casino (Rancho Mirage).
- Section 19 Specific Plan overlay - 580 permitted hotel rooms - 1,899 residential units - 3,096,500 square feet of mixed use space.
Executive Summary
Desert Rose consists of four separate parcels offered together in an assemblage sale. The parcels are as follows, parcel #1 (57.46 acres), parcel #2 (57.46 acres), parcel #3 (34.01 acres), and parcel #4 (4.1 acres). Total acreage within the Desert Rose assemblage sale: 153.03 acres.
Note, Parcel #4 (56.33 acres) is not included in the Desert Rose
Assemblage sale but is available to purchase. (Outside Broker)
Total Acreage (Parcel #4 included): 205.26 acres.
Desert Rose Assemblage (148.93 acres):
1,149-1317 Residential units (total)
430 Hotel Rooms Permitted (280 (PA 1.05) & 150 (PA 1.01))
Non-residential square footage: 1,489,400 sq. ft
Note, Parcel #4 (56.33 acres) is not included in the Desert Rose
Assemblage sale but is available to purchase. (Outside Broker)
Total Acreage (Parcel #4 included): 205.26 acres.
Desert Rose Assemblage (148.93 acres):
1,149-1317 Residential units (total)
430 Hotel Rooms Permitted (280 (PA 1.05) & 150 (PA 1.01))
Non-residential square footage: 1,489,400 sq. ft
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Property Facts
| Price | $42,840,000 | Number of Properties | 4 |
| Sale Type | Investment or Owner User | Individually For Sale | 3 |
| Status | Active | Total Land Area | 153.03 AC |
| Price | $42,840,000 |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 3 |
| Total Land Area | 153.03 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
|
Desert Rose
Bob Hope Drive, Rancho Mirage, CA 92270 |
Land | 57.46 AC | $13,295,000 |
|
Desert Rose AS Parcel #2
Bob Hope Dr, Rancho Mirage, CA 92270 |
Land | 57.46 AC | $13,295,000 |
|
Desert Rose - AS#3
Dinah Shore Dr dr @ Bob Hope Dr, Rancho Mirage, CA 92270 |
Land | 34.01 AC | $14,500,000 |
|
4.10 Acres Commercial Development Site
N Dinah Shore Dr @ Bob Hope Dr, Rancho Mirage, CA 92270 |
Land | 4.10 AC | - |
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Desert Rose