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Frank Sinatra Dr
Palm Desert, CA 92260
Land For Sale · 17.63 AC

Investment Highlights

  • RARE VACANT HARD PRIME CORNER INTERSECTION | AFFLUENT AREA OF PALM DESERT
  • POTENTIAL FOR MULTI-FAMILY/APARTMENTS, COMMERCIAL, HOSPITALITY, RESIDENTIAL OR MIXED USE*
  • PEDESTRIAN-ORIENTED INFILL SITE NEAR SHOPPING, JOBS, RESORT AMENITIES/GOLF, RESTAURANTS & HOMES

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 17.63 AC
Cross Streets Portola Avenue

Description

“Frank Sinatra & Portola” consist of a 17.63-acre rare vacant, hard corner 4-way intersection which enjoys an infill location in the midst of exclusive resorts and prestigious golf clubs with sweeping views of the Santa Rosa Mountains. This highly visible and prime corner on Frank Sinatra Drive & Portola Avenue is situated in the more affluent central area of Palm Desert. The property was recently designated as 7DU-40DU/Acre and could potentially yield highest and best uses including Multi-Family Apartments, Senior Living, Commercial, Hotel, Single Family Detached Residential, Condos/Townhomes or Mixed Use. Directly to the east sits the well-known Desert Willow Golf Resort including two championship golf courses and a spectacular clubhouse & restaurant. The course is open to the public and Palm Desert residents for only $50 and has won many accolades including the “2013 Golf Week’s Best Municipal Courses” and the “Golf World’s Top 50 Public Courses.” Also in close proximity is the renowned JW Marriott Desert Springs Resort & Spa including the acclaimed 36-hole Ted-Robinson-designed course. To the East on Frank Sinatra Dr. only one-mile away, is the UC Riverside and California State University San Bernardino Palm Desert campuses, the latter of which recently expanded to the desert’s first 4-year college.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 620-400-030
  • 620-400-031
Land Assessment
$6,249,231
Improvements Assessment
$0
Total Assessment
$6,249,231
  • Listing ID: 12720468

  • Date on Market: 5/31/2018

  • Last Updated:

  • Address: Frank Sinatra Dr, Palm Desert, CA 92260

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