$1,288,000

16 Mihalyo Rd Cathedral City, CA 92240

Estimated payment $8,306/month

Total Views 10,523
5 Acres
$257,600 Price per Acre
217,800 Sq Ft Lot

Highlights

  • Panoramic View
  • No HOA
  • Hiking Trails
  • Secluded Lot

About This Lot

FIVE +- (5) ACRES, GORGEOUS MOUNTAIN and DESERT VIEWS, in CATHEDRAL CITY, Riverside County, Ca. Flat, rectangular lot is 338'+- on the West and East sides, 660'+- on the North and South. ZONING is MU-U (Mixed Use Urban) and COMMERCIAL. One of the last large lots conveniently located near Palm Drive, at the 60 FREEWAY EXIT. Corners consist of Arco/Mkt on the Southwest corner. Chevron/Mkt and a Jack in the Box on the Northeast corner. Just to the Northwest is cannabis cultivation zoning. Harborside Cannabis drive-thru, right on the other side of Palm Drive. New construction on the Northwest corner of Palm Drive and Paul. Amazing number of home tracts on the South side of the Freeway. This indicates the North Palm Springs/Desert Hot Springs/Cathedral City area is moving forward with commercial and residential growth. Large parcels will be at a premium and certainly retain investment values! Palm Drive is right between Indian Canyon Drive to the West and Date Palm Drive to the East, off the 60 Freeway. Head South on Palm Drive and it turns into the North Gene Autry Trail. This is the main road to Palm Springs International Airport, the Palm Springs Tramway, Palm Springs Art Museum and more. Shopping at the Sunrise Vista Chino Albertsons Center also available just East of the Airport. Palm Springs school district. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property. Palm Drive is a beautiful palm tree lined four-lane drive. Location is 100% Great investment!

Listing Agent

Shawn Smithson

RE/MAX One Brokerage Phone: 949-371-5569 License #01706033 Listed on: 09/25/2022

RE/MAX One

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 338 x 660
  • Rural Setting
  • Desert faces the front and back of the property
  • Secluded Lot
  • Rectangular Lot
  • Level Lot
  • Value in Land
  • Property is zoned MU-U, Mixed Use Commercial

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Neighborhood

Utilities

  • No Utilities
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 660180016
  • $2 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Current Use Comments: Raw land
  • Ingress Egress: Mihalyo Rd
  • Possible Use: Commercial, Horses, Investment
  • Possible Use Comments: MU-U Mixed Use/Commercial zoning. Investment. Freeway visible in line with Commercial developments.
  • Road Surface Type: Unpaved
  • Subdivision Name Other: North Cathedral City
  • View: Yes
  • Water Body Name: Coachella
  • Zoning: MU-U
  • Zoning Description: Mixed Use Commercial
  • Property Type: Land
  • Parcel Number: 660180016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.91

Exterior Features

  • View: Desert, Mountain(s), Neighborhood, Panoramic

Utilities

  • Utilities: None, Sewer Not Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Back, Desert Front, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Secluded, Value In Land
  • Lot Size: 338 X 660
  • Lot Size Sq Ft: 217800.00
  • Usable Land Percent: 100
  • Lot Size Acres: 5.0000
  • Latitude Manual: 33.88167800

Multi Family

  • Lot Size Area: 217800.0000 Square Feet

Tax Info

  • Tax Census Tract: 445.20
  • TaxOtherAnnualAssessmentAmount: 2.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2022 09/25/22 For Sale $1,288,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22183104

California Regional Multiple Listing Service (CRMLS)
California Riverside County Cathedral City 92240

16 Mihalyo Rd, Cathedral City, CA

This home is located at 16 Mihalyo Rd, Cathedral City, CA 92240 and is currently priced at $1,288,000. 16 Mihalyo Rd is a home located in Riverside County with nearby schools including Bubbling Wells Elementary School, James Workman Middle School, and Desert Hot Springs 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 Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Shawn Smithson
Listing Agent
Shawn Smithson
Section Image
RE/MAX One
(442) 267-3564