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29.8 ACRE DATE RANCH
VISTA SANTA ROSA, COACHELLA VALLEY

29.8 AC 58th Ave & Van Buren St, VSR Main Aerial
AVE 58 & VAN BUREN ST, VISTA SANTA ROSA, CA

FEATURES

  • A rare 29-acre Date Ranch nestled near many high-end country clubs such as Andalusia, PGA West, and Madison Club & The Coachella Music Festivals
  • 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
  • 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: $1,639,000 ($55,000/AC)

VICINITY MAP

AERIAL & SITE AMENITIES

29.8 AC 58th Ave & Van Buren St, VSR Flat Aerial

Amenities

  • Location: The property is located on the south side of Avenue 58 west of Van Buren Street in Vista Santa Rosa, CA.
  • APN: 764-250-010, 011 (19.8 AC); 764-250-014 (10 AC)
  • Parcel Size (According to County Assessor’s Information): 29.8 Acres
  • Zoning: A-1-20 (Light Ag, 20-acre min. lot size)
  • General Plan: Agriculture
  • Utilities: Shared Well
    Domestic Water: 30” line on Harrison St & Ave 58 (1 1/4 mile east)
    Sewer: 18” force main in Ave 58 at property
    Irrigation Water: Yes; Meter #1915
  • Tile Drains: Yes, TD-321
  • Current Use: Date Ranch
  • Soils: CrA (Coachella fine sand, wet, 0-2% slopes) & GcA (Gilman fine sandy loam, wet, 0-2% slopes)
  • Lease: Leased until 12/31/23
  • Terms: Cash
  • Structures: Three Old Homes & Old Warehouse – no value being placed on structures Comments: Wonderful opportunity to acquire a 29-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 four structures on the property, however the structures are run-down and no value is being placed on them.

TREE COUNTS

First Block (Approx. 15 years old)
Medjools Deglets
374 55
Second Block (Approx. 7 years old)
Medjools Deglets
465 265
Total
839 320

Production

Medjools Deglets
2023 105,645 lbs 19,524 lbs

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

PARCEL MAP

29.8 AC 58th Ave & Van Buren St, VSR Parcel Map v2

property VIDEO

property photos

Attachments
Disclaimer

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: 02/08/24 JC

Contact
DPP Susan Circle Headshot

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

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Ranked #1 in the Coachella Valley for Commercial Real Estate

DPP Paula Circle Headshot

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