$4,500,000
$2M PRICE DROP

0 California 111 Chiriaco Summit, CA 92201

Estimated payment $26,160/month

Total Views 4,954
8 Acres
$546,780 Price per Acre
358,499 Sq Ft Lot

About This Lot

8.23 Acres - Prime development opportunity for Multi-Family, Build-To-Rent, Senior, Hospitality, and/or Commercial in Indio, near the city limits of La Quinta.

Listing Agent

Erik Christianson

License #01475105 Listed on: 07/23/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,688

Lot Details

  • 8.23 Acre Lot
  • Property fronts a highway

Listing and Financial Details

  • Assessor Parcel Number 600220022

Property Details

Property Type

Land

Est. Annual Taxes

$15,688

Lot Details

0

Listing Details

  • Property Type: D
  • Internal Listing I D: 20240723224237263620000000
  • Listing I D: 219114476
  • 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
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Highway

Utilities

  • Sewer: Unknown

Lot Info

  • Present Use: Vacant
  • Assessor Parcel Number: 600220022
  • Lot Acres: 8.2300
  • Lot Size: 251341.00
  • Lot Features: Raw Land
  • Potential Use: Commercial, Multi-Family

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,688 $1,303,494 $1,303,494 --
2023 $15,688 $1,252,879 $1,252,879 $0
2022 $15,771 $1,228,313 $1,228,313 $0
2021 $15,477 $1,204,229 $1,204,229 $0
2020 $14,501 $1,191,882 $1,191,882 $0
2019 $14,221 $1,168,512 $1,168,512 $0
2018 $13,946 $1,145,600 $1,145,600 $0
2017 $13,661 $1,123,138 $1,123,138 $0
2016 $13,322 $1,101,116 $1,101,116 $0
2015 $13,379 $1,084,577 $1,084,577 $0
2014 $13,150 $1,063,333 $1,063,333 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $4,500,000 -35.3% --
07/23/2024 07/23/24 For Sale $6,950,000 -- --
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $900,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 Unknown
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219114476

California Desert Association of REALTORS®

APN: 616-130-008