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Listed by Blake Kavanagh • eXp Realty of Southern California, Inc.
$ 195,000
Est. payment /mo
Active
59705 Avenida Encino Mountain Center, CA 92561
2.36 Acres Lot
UPDATED:
12/05/2024 09:00 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Chapman Ranchos
MLS Listing ID SW-24244813
Lot Size 2.360 Acres
Property Description
Investment Opportunity in Chapman Ranchos: Rare 2.36-Acre Property with Exceptional Potential Don't miss out on this rare investment opportunity--2.36 acres of prime land in the coveted Chapman Ranchos. This property offers a unique blend of rural tranquility and proximity to Southern California's most prestigious attractions. Ideal for building your dream home or a lucrative rental property, this land is set in a region that continues to grow in value.The seller has taken key steps to prepare the property, including a comprehensive survey completed in 2022, ensuring clear and accurate land boundaries. Included are two 5,000-gallon water tanks, strategically placed with hose bibs at various points across the property, providing easy water access. Additionally, the property features underground electrical infrastructure, making it ready for immediate development. A 10 x 10 storage unit is also present, that does not require a permit based on the square footage. A standout feature of this property is the absence of an HOA. Enjoy four distinct seasons while being just a 15 min drive from South Palm Desert's world-class golf resorts, the renowned Coachella Festival, the BNP Paribas Open in Indian Wells, & a variety of equestrian events. Nearby, El Paseo offers luxury shopping and 5-star dining.As the region continues to develop, properties like this are increasingly rare, making it a valuable investment.
Location
State CA
County Riverside
Zoning R-1-1
Exterior
Community Features Foothills, Hiking
Utilities Available Water Available, Electricity Available
View Y/N Yes
View Mountain(s), Desert
Building
Lot Description Lot Over 40000 Sqft
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944