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60995 Monroe St, LA QUINTA, CA – $5,950,000

  • $6M Price
  • 30.32 Acres
  • 191 DOM
  • $6M Price
  • 30.32 Acres
  • 191 DOM
  1. Home
  2. LA QUINTA
  3. 60995 Monroe St LA QUINTA, CA - 92253

60995 Monroe St

Price Reduced for Quick Close! In Opportunity Zone! Monroe 94 is an approved gated stand-alone project with excellent views of the Santa Rosa Mountains in La Quinta which is approved for 94 TTM lots and lies directly adjacent to the recently sold-out 1,238 unit Shea Homes Active Adult Trilogy at La Quinta community. This new development will help fill an undersupplied niche in the Coachella Valley market which is known for its retirees and 2nd-home buyer pool. Property could potentially be amended into a hospitality focused development with short-term rental potential (Buyer to Verify), which could benefit tremendously from the nearby Coachella Music Festivals (with 125,000 attendees, for 3 weeks a year), and BNP Paribas Open annual international professional tennis tournament (450,000+ attendees in 2019), & vacationers coming for all the other year round amenities available in the area. Potential membership discount available at adjacent Golf Club @ La Quinta. Addt'l APN 764-270-015

Essential Information

  • MLS® #219012625DA
  • Price$5,950,000
  • Acres30.32
  • TypeLot-Land
  • StatusActive

Community Information

  • Address60995 Monroe St
  • AreaLa Quinta South of HWY 111
  • CityLA QUINTA
  • CountyRiverside
  • StateCA
  • Zip Code92253

Amenities

  • ViewMountains

Additional Information

  • Date ListedApril 29th, 2019
  • Days on Market191

Listing Details

  • AgentErik Christianson (01475105)
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Price Change History for 60995 Monroe St, LA QUINTA, CA (MLS® #219012625DA)

Date Details Change
Price Reduced from $7,399,000 to $5,950,000 $1,449,000 (19.58%)
Price Reduced from $7,500,000 to $7,399,000 $101,000 (1.35%)

Property Information

This property in LA QUINTA is priced at $5,950,000 and located at 60995 Monroe St.

Erik Christianson (01475105).

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Last updated on November 6th, 2019 at 2:00am PST