19.7 ACRE DATE RANCH
VISTA SANTA ROSA, COACHELLA VALLEY

FEATURES

A rare 19-acre parcel nestled amongst the date orchards
1 1/4 miles west of Jacqueline Cochran Regional Airport and the Desert International Horse Park
Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California
Close proximity to many high-end country clubs such as Andalusia, PGA West, and Madison Club
In Opportunity Zone providing potential tax incentives
Build your own private estate in a wonderful, open country atmosphere, but close to amenities and shopping
One-half mile to the acclaimed Rancho Polo Equestrian Facility

ASKING PRICE: $900,000 ($45,685/AC)

VICINITY MAP

AERIAL & SITE AMENITIES

Amenities

Location: The property is located on the south side of 58th Avenue west of Van Buren Street in Vista Santa Rosa, CA.
APN: 764-250-008 (9.9 AC), 009 (9.8 AC), 010 (0.12 AC)
Parcel Size (According to County Assessor’s Information): 19.82 Acres
Zoning: A-1-20 (Light Agriculture, 20 ac min.)
(Click here for RivCo Zoning Ordinance)
General Plan: Agriculture
Utilities:
Domestic Water: 30” line on Harrison St & Ave 58
Sewer: 18” force main along Ave 58
Irrigation Water: Yes; Meter #1898
Current Use: Date ranch
Tile Drains: Yes, TD-356
Soils: GcA (Gilman fine sandy loam, wet, 0-2% slopes)
Agricultural Preserve: No
Comments: Wonderful opportunity to acquire a 19-acre parcel amidst the tranquil date orchards. Located just two miles east of La Quinta, Vista Santa Rosa is home to many high-end equestrian estates and private compounds and is a mere 10-minute drive to the fine dining and shops of Old Town La Quinta. There are three structures on the property, however the structures are run-down and no value is being placed on them

PROPERTY VIDEO

PARCEL MAP

OPPORTUNITY ZONE

Why is investing in an Opportunity Zone better than a 1031 Exchange?

Temporary Deferral: Similar to a 1031 Exchange.

Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation. Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property. ref: 04/11/23 JC

Susan Harvey, Broker
[email protected]
Mobile: 760.250.8992
Office: 760.360.8200
DRE License #00957590

Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner, Broker
[email protected]
Mobile: 760.578.6564
Office: 760.360.8200
DRE License #00702492