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$ 1,600,000
Est. payment /mo
Active
83743 58th Ave Thermal, CA 92274
19.8 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Vista Santa Rosa
MLS Listing ID 26649417
HOA Y/N No
Lot Size 19.800 Acres
Property Description
Welcome to a rare agricultural and investment opportunity in the heart of Thermal, California. Spanning almost 20 acres, this cleared and well maintained property has been used as an event venue for Coachella and Stagecoach, among other events. The property is supported by its own brand new private well and receives Coachella Valley Water. Perfectly positioned for future growth, the property sits within a designated Opportunity Zone, making it ideal for investors seeking significant tax advantages alongside potential interim income. Just minutes away are some of the region's most iconic destinations, including the Coachella Valley Music and Arts Festival, the world-renowned Empire Polo Club, and luxury communities such as The Madison Club. High-profile estates and venues like Zenyara, Cavallo Ranch, and the acclaimed Desert International Horse Park are all close by, as is convenient access to Jacqueline Cochran Regional Airport. With its prime location, strong future investment potential, valuable water resources, and development-friendly zoning, this represents an exceptional opportunity for farming, investment, or future vision. Perfect for operators, investors, or those seeking a strategic landholding near the Coachella Valley's most desirable destinations. Adjoining 30 acres is also available and Seller would prefer to sell both properties together.
Location
State CA
County Riverside
Area 316 - Thermal
Zoning A-1-20
Interior
Fireplace No
Exterior
View Y/N Yes
View Hills, Mountain(s), Orchard, Panoramic
Building
Lot Description Agricultural, Corners Marked, Ranch
Water Other, Well
New Construction No
Others
Senior Community No
Tax ID 764250009
Special Listing Condition Standard
Listed by Stephen Apelian Compass #01885055