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Listed by Shannon Daniele, DRE #01321686 • HomeSmart Realty Group
$ 20,000,000
Est. payment | /mo
12.39 Acres Lot
$ 20,000,000
Est. payment | /mo
12.39 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26133689
Lot Size 12.390 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Unique opportunity for investors and developers. In addition to an outright sale, Seller may consider a short-term partnership or other creative structure with a qualified party. Exceptional opportunity to acquire an entitled residential parcel approved for 20 single-family homes, strategically positioned within the highly anticipated Travertine master-planned development in South La Quinta. After more than 25 years of planning, Travertine received full City of La Quinta approval in August 2024-creating an opportunity to enter at the ground floor of one of the Coachella Valley's most significant master-planned communities. Spanning approximately 855 acres, Travertine is approved for up to 1,200 residences, a boutique resort hotel and spa, world-class golf academy and training complex, resort villas, restaurants, banquet facilities, two community parks, over 5 miles of public trails, and more than 300 acres of permanently preserved natural open space. Nestled at the base of the Santa Rosa Mountains near Jefferson Street, with Loop Road West and Loop Road East planned as internal roads, this parcel offers breathtaking mountain views and access to planned community amenities. Entitlements are secured under City Council Resolution No. 2024-034-eliminating re-approval risk and d
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning D4
Exterior
View Hills
Building
Water District - Public
Others
Tax ID 766110005
Special Listing Condition Not Applicable
Virtual Tour https://www.travertinelot.com/
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