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N Whitewater Club Dr
Palm Springs, CA 92262
Alexander Vista Estates | 11.09 Acres · Land For Sale
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11.09 AC
INVESTMENT HIGHLIGHTS
- PREVIOUSLY APPROVED FOR 39 SINGLE FAMILY LOTS
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 11.09 AC |
| Property Type | Land | Cross Streets | E. Verona Road |
| Property Subtype | Residential | ||
| Zoning | R-1/W2 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 11.09 AC |
| Cross Streets | E. Verona Road |
| Zoning | R-1/W2 |
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 11.09 AC |
| Price Per AC | $315,599.64 |
| Price | $3,500,000 |
| Price Per AC | $315,599.64 |
| Lot Size | 11.09 AC |
Previously Approved for 39 Single Family Lots (7,500 Sq. Ft Min.) | TTM No. 30350
DESCRIPTION
Palm Springs is populated by alternative lifestyle locals, coastal 2nd-home weekenders, seniors, and international based snowbirds. It has been targeted more than ever before as the new trend-setting place for homebuyers to purchase new home product with modern, or traditional but contemporary architecture. To help continue this momentous resurgence occurring now in Palm Springs, $140-million in new funding for Palm Springs was recently backed by voter approved Measure J and has paved the way for a massive revitalization of downtown. These improvements most notably include a new destination mixed-used project under construction called Downtown PS with a new 155-room, 6-story hotel by Kimpton Hotels & Restaurants. This was the first new 4-star hotel built from the ground up in Palm Springs in 20 years. Additionally a half dozen other new hotels are currently breaking ground or undergoing major renovations, along with new major retail stores.
PROPERTY TAXES
| Parcel Number | 677-030-034 | Improvements Assessment | $0 |
| Land Assessment | $686,600 | Total Assessment | $686,600 |
PROPERTY TAXES
