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Listed by WEI TANG • KMBJ, INC.
$ 9,500,000
Est. payment | /mo
4,500 SqFt
$ 9,500,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $2,111
MLS Listing ID CRWS24216077
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1968
Lot Size 158.760 Acres
Property 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.
Location
State CA
County Riverside
Interior
Heating Other
Fireplace No
Building
Water Well
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Paul LeJoy
Broker-Owner | Lic# 01467744