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20 ac zoned 30 units per acre

46600 Tyler St, Coachella, California 92236 - Riverside County
$3,900,000 20 Acres
Property ID 2672157

Description

Rancho De Los Suenos (Ranch of Dreams) is a 20 acre private estate. It is easy to forget you are in the middle of the desert upon entering the magnificent surroundings. It includes the main ranch home, with 15 acre Palm Tree Nursery and 5 acre event center known as Corona Yacht Club. Corona Yacht Club can accommodate groups as large as 600. The average rental is $4,500 per event. Great opportunity to acquire property which offers mixed use zoning. Development Potential: Zoned for 30 units per acre of Multifamily. Ideal for a Hotel, Condominiums, Villas, Fractional Share Vacation Homes, or RV Resort.

5 Acre Event Center ($4,500 average rent per event)

3 Acres Zoned Commercial; Ideal for Boutique Hotel

17 Acres Zoned Multifamily; Allows up to 30 Units per Acre

9,000 Palm Trees

Asking: $3,900,000 ($4.47/SF)

Directions

The Corona Yacht Club is located just 25 minutes east of Palm Springs. Going east bound on I-10, use the right lane to take Hwy 86 S. Take the Dillion Rd exit and turn left on Dillion Rd, turn right on Vista Del Sur (frontage road) for mile. Turn south on Tyler St for mile. The property is located on the east side. 46-600 Tyler Street, Coachella, CA 92236.

Financing Options

Mortgage Options
Owner Finance

Land

Number of Ponds (water 1-5 acres)
1

Street/Utilities
City Sewer
City Water
Underground Utilities
Well

Present Use
Commercial

Proposed Use
Commercial
Residential Multi-Family

Tax Data (Show Tax Data)

Other Land for Sale in Riverside County

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