Palm Drive Desert Hot Springs CA 92240 MLS #26662423
25-Acre Turnkey Multifamily Site! Located in The Spa City, Desert Hot Springs, Coachella Valley $5M ($23/SF) Shovel-ready in 6 months +/-. Four parcels, raw land, zoned high density, 656-030-005, 656-030-006, 656-030,007,656-030-008. Fully entitled for 402-unit luxury gated condo community. 20-year development agreement. NMTC zone. Why this is gold for 1031 buyers: All heavy lifting done: Phase 1 environmental, CEQA, hydrology, cultural/paleo studies, biological surveys, acoustical reports, tentative tract map, CUP site plan, full conceptual design (elevations, unit plans, carports, amenities, landscape, image board, parking/photo-metrics). Developer-friendly city cooperative planning & building dept. Full due diligence package available. Buyer to verify 1031 eligibility and conduct own due diligence. Contact us today!
Property Details
Price:
$5,000,000
MLS #:
26662423
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Agua Dulce
Neighborhood:
340deserthotsprings
Listed Date:
Mar 10, 2026
Lot Size:
217,800 sqft / 5.00 acres (approx)
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Community
- AddressPalm Drive Desert Hot Springs CA
- SubdivisionAgua Dulce
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Market Summary
Current real estate data for Land in Desert Hot Springs as of Aug 07, 2026
233
Land Listed
201
Avg DOM
$467,440
Avg List Price
Property Summary
- Located in the Agua Dulce subdivision, Palm Drive Desert Hot Springs CA is a Land for sale in Desert Hot Springs, CA, 92240. It is listed for $5,000,000 and features 5 acres. To schedule a showing of MLS#26662423 at Palm Drive in Desert Hot Springs, CA, contact your The Knight Group LA agent at 310.409.7242.
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Courtesy of Realty Source Incorporated. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.Palm Drive
Desert Hot Springs, CA
