For Sale
$499,000

0 Varner RdPalm Desert, CA 92276

41 acres, 73 approved lots, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 41-acre parcel in Thousand Palms, CA (APN 694-060-032), presents a unique investment opportunity. Priced at $499,000, this land is zoned for residential development and boasts pre-approval for 73 lots. Previously approved for a 55+ age-restricted community, this project benefits from its proximity to the established Tri-Palms Estates Country Club & Golf Course (27 holes), ensuring high demand. The location offers convenient access to major amenities, including the Desert Gateway Retail Center (Walmart, Sam's Club, etc.), the Agua Caliente Resort & Casino, and is just north of Palm Desert city limits, near a new 10,000-seat entertainment and hockey arena. The site's adjacency to the golf course is expected to command premium pricing for future homes. Palm Desert's thriving market, characterized by a growing population (50,417) and limited future land supply, makes this a compelling investment, particularly given the potential to cater to the underserved lower price point segment in a superior location. The property is sold AS-IS. The address is Varner Rd, Thousand Palms, CA 92276.

Highlights

  • Bank-owned property; significantly reduced price of $499,000.
  • 41-acre parcel with 73 previously approved residential lots.
  • Located just north of Palm Desert city limits.
  • Proximity to a new 10,000-seat entertainment and hockey arena.

Property Details for 0 Varner Rd

Property type
Land

Location Insight

City
Palm Desert
County
Riverside
State
California
Latitude
33.7997448
Longitude
-116.37718096
Varner Rd, Palm Desert, California

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0 Varner Rd
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