60995 Monroe Street, La Quinta

$5,950,000

0 Beds
0 Baths
30.32 Acres
0 Garages

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

60995 Monroe Street is a Lot-Land property for sale. This Lot-Land property is on Fee land and the current price is $5,950,000. This property has bedrooms and bathrooms and it was built in . La Quinta South of HWY 111 (313) property has been listed on www.geoffreymoore.com for 394 days.

Essential Information
MLS® #219012625DA
Price$5,950,000
Acres30.32
TypeLot-Land
StatusActive
Community Information
Address60995 Monroe Street
SubdivisionTrilogy
CountyRiverside
StateCA
Zip Code92253
Area

La Quinta South of HWY 111 (313)

Amenities
ViewMountain View
Additional Information
Date ListedApril 29th, 2019
Days on Market394
Land TypeFee
Listing Details
AgentErik Christianson(01475105)
OfficeThe Hoffman Company
Property History
Price Reduced from $7,399,000 to $5,950,000
Price Reduced from $7,500,000 to $7,399,000
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 28th, 2020 at 6:42pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.