For Sale
$2,050,000

49900 Van Buren StCoachella, CA 92236

Prime Coachella development land, 172 homes possible

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 12.84-acre property in Coachella, California, presents a remarkable opportunity for residential subdivision development. Comprising two parcels (APN 603-260-048 and 603-260-050), this land is ideally situated on Van Buren Street, just north of the Van Buren Plaza shopping center, in a rapidly growing residential area. The larger 12.12-acre parcel (APN 603-260-050) boasts 833.37 feet of frontage on Van Buren Street and is 611.28 feet deep. It's zoned RM/PUD (Residential Multiple Family/Planned Unit Development) and has a previously approved Tentative Tract Map (No. 34434) outlining a potential for up to 172 single-family homes. The smaller 0.72-acre parcel (APN 603-260-048), located at the southeast corner of the larger parcel, is designated for a stormwater retention basin within the approved plan. The property is priced at $2,050,000, or $2 per square foot. This represents a compelling investment in a booming west Coachella residential market, surrounded by established subdivisions and conveniently located near existing retail amenities. The combined parcels offer a unique chance to capitalize on the high demand for housing in this thriving area. This is a rare opportunity to acquire a large, well-positioned tract ready for immediate development.

Highlights

  • Prime 12.84-acre Coachella subdivision development opportunity.
  • Booming west Coachella residential market with high housing demand.
  • Adjacent to newer subdivisions and across the street from existing developments.
  • Located adjacent to Van Buren Plaza shopping center.

Property Details for 49900 Van Buren St

Property type
Land
Lot Size (sq. ft)
559,310 SF

Location Insight

City
Coachella
County
Riverside
State
California
Latitude
33.6861951
Longitude
-116.1990147
49900 Van Buren St, Coachella, California

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49900 Van Buren St
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