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$ 1,600,000
Est. payment | /mo
19.8 Acres Lot
$ 1,600,000
Est. payment | /mo
19.8 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26649417
HOA Y/N No
Lot Size 19.800 Acres
Acres 19.8
Property Sub-Type Unimproved Land
Property Description
Welcome to a rare agricultural and investment opportunity in the heart of Thermal, California. Spanning almost 20 acres, this cleared and well maintained property has been used as an event venue for Coachella and Stagecoach, among other events. The property is supported by its own brand new private well and receives Coachella Valley Water. Perfectly positioned for future growth, the property sits within a designated Opportunity Zone, making it ideal for investors seeking significant tax advantages alongside potential interim income. Just minutes away are some of the region's most iconic destinations, including the Coachella Valley Music and Arts Festival, the world-renowned Empire Polo Club, and luxury communities such as The Madison Club. High-profile estates and venues like Zenyara, Cavallo Ranch, and the acclaimed Desert International Horse Park are all close by, as is convenient access to Jacqueline Cochran Regional Airport. With its prime location, strong future investment potential, valuable water resources, and development-friendly zoning, this represents an exceptional opportunity for farming, investment, or future vision. Perfect for operators, investors, or those seeking a strategic landholding near the Coachella Valley's most desirable destinations. Adjoining 30 acres is also available and Seller would prefer to sell both properties together.
Location
State CA
County Riverside
Zoning A-1-20
Interior
Fireplace No
Exterior
View Y/N true
View Hills, Mountain(s), Orchard, Panoramic
Building
Water Other
New Construction No
Others
Tax ID 764250009
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Listed by Stephen Apelian • The Beverly Hills Estates
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447