Palm Springs, CA 92264 305 W San Rafael Road
$1,499,000
5 more
Presented By: Panayot Tomov with Coldwell Banker Realty;
Home Details
Tremendous and rare opportunity for a qualified investor/builder to purchase 4.05 acres in the vibrant Palm Springs market and build 24 dwelling units. The land is zoned R-2 and had an approved Tentative Map that recently expired proposing a twenty-four (24) unit condominium project on the one 4.05 acre lot. The proposed development consisted of four (4) attached condominium units in six buildings symmetrically placed around a center plaza or common area with off-street parking at the ends of the development. This is a fantastic opportunity to acquire a prime piece of land in Palm Springs and develop a highly desirable project. Investors and builders are encouraged to contact us to learn more about this development opportunity.
Presented By: Panayot Tomov with Coldwell Banker Realty;
Interior Features for 305 W San Rafael Road
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixRoad
General for 305 W San Rafael Road
Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash, Conventional
Carport Y/NNo
CityPalm Springs
CountyRiverside
Days on Market113
DirectionsHead North on Indian Canyon and turn left on San Rafael. The property is located between Virginia Rd and Puerta Del Sol.
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet176418.0
MLS Area331 - North End Palm Springs
MobileHomeRemainsYNNo
New ConstructionNo
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameSan Rafael
Subdivision NameRacquet Club West
TopographyLevel
ViewDesert, Mountains
View Y/NYes
Virtual TourClick here
Waterfront Y/NNo
ZoningR2
Exterior for 305 W San Rafael Road
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFlat
Lot Size Acres4.05
Lot Size Area176418.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480