54721 Monroe - Residential LAND FOR SALE


La Quinta, CA 92253 533,610 SF
$7,490,000 USD
442-212-0347
54721 Monroe, La Quinta, CA for Sale
$7,490,000 USD
Residential LAND - FOR SALE
1/26
533,610 SF

54721 Monroe
La Quinta, CA 92253


HIGHLIGHTS

  • Located within 5 minutes from Westside Elementary School, and 10 minutes from Coachella Valley High School
  • Several golf clubs near the area such as The Palms Golf Club, the Rancho La Quinta Country Club, and the Coral Mountain Golf Club located minutes away
  • 10-minute distance from the Jacqueline Cochran Regional Airport

OVERVIEW

Saddle Ranch - With Final Map - A 34 Lot Development on 12.25 Acres. Lot Sizes Ranging from 8,626 to 14,660 square feet. Nearby New Home Construct Sold Out. Recent Home Closings in the $1.5M-$3M Range. Saddle Ranch is off the grid and powered completely by Solar! This 12.25 acre luxury new private enclave neighborhood provides exclusivity and is also a short driving distance (via car or golf car) to great shopping, restaurants off Hwy. 111, and golf. This new development will capitalize on the huge recent pandemic demand surge to suburban and second-home markets like La Quinta with ample outdoor recreation activities, which has led to record breaking year over year 29.5% home price appreciation, and less than 1 month of home supply with little new inventory expected on the horizon. Additionally several huge attractions are located nearby including both PGA West which boasts 6 golf courses, and the SilverRock Resort and golf course with the Montage & Pendry hotels. Also, not far, is the Coachella & Stagecoach Festivals at the Polo Grounds. La Quinta is known as one of the most beautiful cities in the Coachella Valley (a.k.a the Gem of the Desert) adjacent to the pristine Santa Rosa mountain range, and is home to nearly 30 golf courses, with an impressive average household income of $126,444.

FOR SALE DETAILS

PRICE

$7,490,000 USD

PRICE/ACRE

$611,429/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Saddle Ranch | 34 Approved Single Family Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

12.25 AC

LAND SF

533,610 SF

OFFSITE IMPROVEMENTS

-

ZONING

R

APN/PARCEL ID

780-130-005

ASK ABOUT THIS PROPERTY

Ryan BraggCompassMore Info
442-212-0347

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Ryan BraggCompassMore Info
442-212-0347

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.