0 Las Palmas Estates Drive $19,900,000

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    0 Las Palmas Estates Drive Palm Springs, CA 92262

    • 13.05 Acres
    • Land
    • MLS# 219009489
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    Views: 493 Days On Market: 365

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    Property Details

    Rare 18 to 20 High-End Finished Lots or Private Gated Compound! Old Las Palmas Estates is considered to be the best, (& only notable) multi-finished lot site in Palm Springs. This luxury gated mountainside project is less than mile from the downtown resort area of Palm Springs and is adjacent to the built out Las Palmas neighborhood which boasts the largest number of celebrity homes in Palm Springs. This well positioned project is expected to yield high-end homes ($2.5M-$3M) with incredible adjacent mountain views. This exclusive property could also be utilized as a private gated compound for use of celebrities, VIP guests, or high net worth families. The offering includes a previously built 9,150 sq. ft. estate home which could serve as the main residence, temporary sales/construction office, or clubhouse. (The existing home could be demolished to create 2 more lots). The property consists of 18 parcels and 13.05 Acres Total (APN's: 505-370-001 thru 010, 015 thru 017, & 019 -023).

    Contact

    Deborah Ferrell

    REALTOR®

    DRE #01981624

    Indian Wells

    Cell: 310-990-0865

    Neighborhood

    92262 (Palm Springs) Demographics

    50 Median Age
    751 Population Density (per sq. mile)
    41% College Educated
    $46,162 Estimated Median Income
    7,233 Estimated Total Home Owners
    5,628 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    5 Estimated Average Household Size
    27,561 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $507,500 Median Sales Price
    80 Homes Sold
    163 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $19,900,000
        3/29/2019 4:43:00 PM New in Database Source

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2020 GPS MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.