
Property Attributes
- MLS#OC22123417
- TypeLand
- CountyRIVERSIDE
- CityIndio
- AreaIndio South of East Valley
- NeighborhoodOther
- Zip92201
- Style
- Price$ 12,110,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size38 Acres
Listing Provided Courtesy Of:
Harry Fotinos with Harry Fotinos, Broker - 6192062655
Data Source:
California Regional MLS (CRMLS)
Property Description
Cocoa Palms is an approved / shovel-ready 173-lot subdivision located in southeast Indio near the well-known Indian Palms Country Club. The property is ready for the Buyer to step in and begin work with minimal schedule risk. The minimum lot size is 6,000 square feet. The project status is as follows: 1.The City of Indio is completing its final review of the improvement plans. 2. The final map was approved by the City on 4/20/2022. 3. TValley Sanitary District is reviewing the sewer plans. 4. Indio Water Authority Irrigation and the Coachella Valley Water District are reviewing the water plans. The property was graded approximately 15 years ago, and the Buyer will need to re-certify the lots. The utilities are to the site boundary. The Seller has preliminary analysis for a Statewide Community Infrastructure Program (SCIP) special tax to fund specific fees showing a maximum tax of 1.81%. The total revenue per lot to be applied to project costs in the analysis is $14,900.
Price History | |
---|---|
6/8/2022 | Listed $12,110,000 |
General Features
Additional Parcels Description | 612-260-004, 612-260-012, 612-280-003, 612-280-004 |
---|---|
Additional Parcels Y/N | Yes |
Association Y/N | Yes |
Community Features | Biking, Golf, Suburban, Sidewalks, Valley |
Listing Agent | Harry Fotinos - BRE#01123009 |
Listing Agent State License | 01123009 |
Lot Size Square Feet | 1655280 |
MLS Area | 314 - Indio South of East Valley |
Property Type | Land |
Senior Community Y/N | No |
Special Listing Conditions | Standard |
Status | Active |
Subdivision Name | Other (OTHR) |
Terms | Cash |
Utilities | Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
View | None |
Zoning | A1 |
Exterior Features
Lot Features | 36-40 Units/Acre |
---|---|
Lot Size Acres | 38 |
Lot Size Area | 38 |
Lot Size Source | Assessor |
Lot Size Units | Acres |
Road Frontage Type | City Street |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool