158.76 acres | #WS24216077
Description
This unique property spans over 158 acres, awaiting the perfect developer. Situated in the Thermal/Mecca area, it is just minutes from several casinos and the Empire Polo Grounds in Indio, home to both polo events and popular music festivals like Coachella and Stagecoach. Once operated as a guest ranch, the property has hosted music concerts, weddings, and wellness retreats. It also boasts water rights and multiple large, man-made lakes filled with deep artesian well water (though they require some repairs), ideal for water sports, skiing, boating, fishing, and duck hunting.
Additionally, a 4,500 sq. ft. building on-site can comfortably accommodate up to 19 guests, though it needs some renovations. With the rise in remote work and a booming RV industry, a feasibility study has been completed for a 400-space luxury RV resort and cable water park. Investors take note: there's an opportunity to sell with a conceptual plan for a mixed-use development of around 1,000 homes. The property is sold "As-Is," and all details must be verified by the buyer.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property SubtypeAgriculture
- Original List Price$4,688,888
- MLS #WS24216077
- MLS #WS24216077
- CountyRiverside
- Property TypePurchase
- Cost9500000
- Acres158.76
- Year Built1968
- Utility SourceWell
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: WEI TANG (#WS77228)
Listing Office: KMBJ, INC. (#21094)
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