$3,528,500
$3,360,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
8.96 Acres Lot
SOLD DATE : 06/23/2023
Key Details
Sold Price $3,528,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23004713
Sold Date 06/23/23
HOA Y/N No
Lot Size 8.960 Acres
Property Description
A rare opportunity to purchase acreage adjacent to the Coachella Music Festival / Empire Polo Grounds that has been a lease to the festival for 10 years (possibility for good income); and in proximity to PGA West, Griffin Ranch, and The Madison Club. A beautiful rectangular flat lot begging for development with dual access from Avenue 50 next to the Empire Polo Grounds; purchase and hold, lease, or develop and resell. This is a purchase that only comes along once in a great while!
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning A110
Interior
Fireplace No
Exterior
Fence Chain Link, Wrought Iron
Community Features Rural
Utilities Available Electricity Available, Water Available
View Y/N No
View None
Building
Lot Description 6-10 Units/Acre, Flat
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 779020001
Acceptable Financing Cash
Listing Terms Cash
Financing Other
Special Listing Condition Third Party Approval, Probate Listing
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Bought with Rhett Richar Winchell • Kennedy Wilson Auction Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States