8
See all 8 photos
$20,000,000
Est. payment /mo
12.39 Acres Lot
Active
0 APN #766110005 La Quinta, CA 92253
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26133689
Lot Size 12.390 Acres
Property Sub-Type Lots/Land
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 2024creating 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. 2024-034eliminating re-approval risk and delivering immediate value. Infrastructure is breaking ground, neighboring communities include Trilogy, Andalusia, and Coral Mountain, and resort development is underway. The seller has substantial experience working with developers and public entities on major land transactions. In Diamond Bar, California,
Location
State CA
County Riverside
Direction Jefferson St and Loop Road West
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 766110005
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.travertinelot.com/
Listed by Shannon Daniele, DRE#01321686 HomeSmart Realty Group
NEARBY SCHOOL & BUSINESS
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