NOT LISTED FOR SALE

0 49th Ave Unit 219031516 Indio, CA 92201

5.95 Acres
-- Price per Acre
259,182 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $1,300,000

250 Days on Market

Highlights

  • Gated Community
  • Corner Lot
  • Cul-De-Sac
  • 5.95 Acre Lot

About This Lot

As of September 2020

''GALLERY 49 WEST'', consisting of 9 improved & recorded lots (for sale in bulk) which is approved as a gated enclave of modern high-end for-sale homes OR as vacation-rental homes, not far from the world renowned Music Festivals. This project is located in the high-end Southwest Corner of Indio, nearly adjacent to La Quinta, where home prices average above $1M. These near half-acre lots have the ability to support a large product size and great floor plan. The current product is proposed with modern architecture, and could be tweaked further. Gallery 49 is one of the only opportunities like this with a private enclave near the Music Festival Grounds, with ability to sell to investor homebuyers whom will operate the home as a lucrative vacation rental, OR for you to run a similar business plan directly. There are some other similar developments report rental revenues as high as $100k/weekend during each of the 3 festival weekends each Spring. Otherwise, a for-sale homes sale business plan with modern product could yield home values of $1.25M-$1.5M+.

Last Agent to Sell the Property

Erik Christianson

License #01475105 Listed on: 10/09/2019

Last Buyer's Agent

Erik Christianson

License #01475105 Listed on: 10/09/2019

Property Details

Property Type

  • Land

Lot Details

  • 5.95 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Additional Parcels

Community Details

  • Stonefield Estates Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 602570001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.8700
  • Internal Listing I D: 20191009194910931428000000
  • Listing I D: 219031516
  • Listing Member Address: 18881 Von Karman Ave., Ste 150, Irvine, CA 92612
  • Listing Office Address: 18881 Von Karman Ave., Ste 150, Irvine, CA 92612
  • Listing Office Fax: (949) 553-8449
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 18881 Von Karman Ave., Ste 150, Irvine, CA 92612
  • Selling Office Address: 18881 Von Karman Ave., Ste 150, Irvine, CA 92612
  • Selling Office Fax: (949) 553-8449
  • Land Type: Fee
  • Subdivision: Stonefield Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Additional Assessor Parcel Numbers: Yes
  • Additional Assessor Parcel Numbers: APNS included 602570001; 602570002; 602570003; 602570004; 602570005; 602570006; 602570007; 602570014; 602570015
  • Assessor Parcel Number: 602570001
  • Lot Acres: 5.9500
  • Lot Location: Corner Lot, Cul-De-Sac
  • Lot Size: 5.95
  • List Price per Acre: 252100.84

Rental Info

  • Land Lease Type: Fee Simple

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Sold $1,300,000 -13.3% --
06/15/2020 06/15/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $1,500,000 0.0% --
02/24/2020 02/24/20 Pending -- -- --
10/09/2019 10/09/19 For Sale $1,500,000 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Erik Christianson

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219031516

California Desert Association of REALTORS®
California Riverside County Indio 92201

0 49th Ave Unit 219031516, Indio, CA

This home is located at 0 49th Ave Unit 219031516, Indio, CA 92201 since 09 October 2019. 0 49th Ave Unit 219031516 is a home located in Riverside County with nearby schools including Mountain Vista Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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