For Sale
$499,000

Varner Rd Palm Desert, CA 92276

41 acres, 73 approved lots, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Land - 41 acres, 73 approved lots, prime location.
Where is the land located?
The property is located at Varner Rd Palm Desert, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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0 Varner Rd
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