2700 E Alejo Road, Palm Springs, CA 92262

$1,500,000

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Sold Price
$1,500,000
List Price
$1,699,000
Closing Date
Aug 16, 2024
Status
CLOSED
MLS#
219105026
Lot Size
110,207
Days on Market
225
Property Type
Land
Neighborhood
Sunmor

Property Description

Now offering for sale the rare opportunity to develop eight custom homes on fee land in the Sumnor neighborhood of Palm Springs where short-term rentals are allowed. This 2.53 acre parcel of land recently went through the complete entitlement process with The City of Palm Springs to change the zoning from industrial to residential, allowing for eight individual residential parcels. This parcel has an approved tentative tract map, with the final approved tract map, civil plans, and onsite bids in process. Don't miss out on your chance on this unique development opportunity in the thriving Palm Springs market!

Additional Information

Land Lease Type
Fee
Sewer
In, Connected and Paid

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Calculator source: Real Geeks

Listing courtesy of The Firm Brokerage. Selling Office: .