0 36.18 ac NWC Portola, Palm Desert, CA 92211

$1,850,000
Property Type: Land Lot Size (sq. ft.): 1,576,001 Status: Closed
Current Price: $1,850,000 List Date: 7/12/2011 Last Modified: 7/24/2025

Overview

Description

Screaming Deal! Submit offer! Lender Owned!! 36 acres mixed use near University Park, Palm Desert. General Plan calls for Residential up to 22 units per acre, and Business Park. The Gallery by Ponderosa Homes, an upscale residential community is adjacent to the property on the south side. Monterey Shore, a new office/business Park is adjacent to the property on the west. The City owned Desert Willow Golf Course is just south of the property with plans for a five star hotel. A future interchange is planned for Portola and I-10. Site Overview: There is a fully signalized intersection at Dinah Shore and Ave 35. A 100' right of way will need to be dedicated upon construction of freeway interchange. Parcel# 694-130-004 will need to make a $61,369 contribution for the lining of the Mid-Valley Channel prior to any permits being issued.

Listing Details MLS# 21432485

General Property Information

Lot Size Acres
36.18
Lot Size Area
1576001
Lot Size Source
Other

Property Features

Present Use: Vacant Sale Type: Real Estate Owned; Short Sale Listing Terms: Cash Possession: Close Of Escrow Land Lease Type: Fee Simple

Listing Location and Property Info

Parcel Number
694130003
Listing Contract Date
2011-07-12
Original List Price
6500000
Street Name
36.18 ac NWC Portola
County
Riverside
State
CA
Postal Code
92211
MLS Area
322 - Palm Desert North

Tax Info

Tax Mello Roos
No

Property Info

View
Yes

Status Change Info

StatusChangeDate
2012-02-29
Purchase Contract Date
2012-02-13
Close Date
2012-02-29
Close Price
1850000
Sold Price/Acre
51133.22

More Information

Currently Not Used

Tax Legal Lot Number
Yes

Land Info

Topography
flat
Improvements
0.00

Water

Water District Name
Cvwd

HOA Information

Association
No
Listing Office: Desert Pacific Properties
Listing Agent: Susan Harvey
Last Updated: July - 24 - 2025
Information deemed reliable but not guaranteed.
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