58491 Jackson ST new

Thermal,CA 92274

$ 3450000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Vista Santa Rosa

MLS Listing ID 219120625

HOA Y/N No

Lot Size 57.370 Acres

Acres 57.37

Property Description

Great potential development with incredible views of the Santa Rosa Mountains located in the Vista Santa Rosa Area approximately 900 feet south of Avenue 58 on the westside of Jackson Street. Located in an Opportunity Zone and Under the City of La Quinta sphere of influence allowing for a low density residential development near major country clubs such as The Madison Club, Andalusia, The Palms, PGA West, Trilogy and many more. Also the ranch is located within 3 miles of the Desert International Horse Park and the Coachella and Stagecoach Music Festivals.

There is a sewer line located at the corner of Jackson Street and Avenue 58, IID currently provides electric to the property, a domestic water well provides water to the homes, horse facilities, and lawns at the homes. In addition there is Canal Water and a standpipe system providing water for farming and horse pastures for the entire property.

The horse facilities include an arena, round pen, 10 stall mare motel, six horse corrals, three wash rack areas, storage barn, small storage rooms around the ranch, and ten acres of beautifully fenced pastures.

Finally there are multiple rental homes on the property and between these rentals, the pasture revenue, horse boarding, and farming the monthly gross income is a little over $8,000 per month.

Location

State CA

County Riverside

Area 316 - Thermal

Exterior

Utilities Available Electricity Connected

View Y/N true

View Mountain(s)

Private Pool No

Building

Sewer Septic Tank

Others

Senior Community No

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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