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49th Avenue, INDIO, CA – $1,500,000

  • $1.5M Price
  • 5.95 Acres
  • 29 DOM
  • $1.5M Price
  • 5.95 Acres
  • 29 DOM
  1. Home
  2. INDIO
  3. 49th Avenue INDIO, CA - 92201

49th Avenue

''GALLERY 49 WEST'', consisting of 9 improved & recorded lots (for sale in bulk) which is approved as a gated enclave of modern high-end for-sale homes OR as vacation-rental homes, not far from the world renowned Music Festivals. This project is located in the high-end Southwest Corner of Indio, nearly adjacent to La Quinta, where home prices average above $1M. These near half-acre lots have the ability to support a large product size and great floor plan. The current product is proposed with modern architecture, and could be tweaked further. Gallery 49 is one of the only opportunities like this with a private enclave near the Music Festival Grounds, with ability to sell to investor homebuyers whom will operate the home as a lucrative vacation rental, OR for you to run a similar business plan directly. There are some other similar developments report rental revenues as high as $100k/weekend during each of the 3 festival weekends each Spring. Otherwise, a for-sale homes sale business plan with modern product could yield home values of $1.25M-$1.5M+.

Essential Information

  • MLS® #219031516DA
  • Price$1,500,000
  • Acres5.95
  • TypeLot-Land
  • StatusActive

Community Information

  • Address49th Avenue
  • AreaIndio South of East Valley
  • CityINDIO
  • CountyRiverside
  • StateCA
  • Zip Code92201

Additional Information

  • Date ListedOctober 9th, 2019
  • Days on Market29

Listing Details

  • AgentErik Christianson (01475105)
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Property Information

This property in INDIO is priced at $1,500,000 and located at 49th Avenue.

Erik Christianson (01475105).

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