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73155 Del Norte Way

Thousand Palms, CA 92276

– beds
– baths
– sqft
~8 acre lot

NEW Coachella Valley Residential Subdivision. Located north of the I-10 freeway, this 10-acre parcel is being subdivided to create approximately 25 additional residential lots. The existing home is not included in the sale. The seller will cover all entitlement costs up to an approved tentative map (TTM). Once the TTM is approved, the seller is open to an outright sale or considering a partnership proposal. The map has already been submitted to Riverside County for approval, with a second revision currently in progress. The seller is highly motivated and willing to carry a portion of the sale price. The TTM can be viewed in the image gallery. For inquiries, please contact the seller's commercial agent, Paul Magana, at 442-283-4886. Investment Highlights Here are some investment highlights for developing homes in Thousand Palms, CA: Strategic Location Proximity to Major Highways: Conveniently located near the I-10 freeway, providing easy access to nearby cities such as Palm Springs, Palm Desert, and Indio. Access to Transportation: Close to the Palm Springs International Airport, enhancing accessibility for future homeowners. Growing Market Strong Demand: The Coachella Valley continues to experience population growth, increasing demand for residential housing in affordable and accessible areas like Thousand Palms. Expanding Economy: The region is supported by industries like tourism, agriculture, renewable energy, and logistics, contributing to steady economic growth. Affordable Entry Point Lower Land Costs: Land prices in Thousand Palms are often more affordable compared to neighboring communities, offering a cost-effective opportunity for development. Potential for Higher ROI: Competitive land prices paired with strong demand for housing create an attractive margin for investors. Community and Amenities Established Infrastructure: Utilities, schools, healthcare facilities, and retail centers are already available, providing an appealing setting for new residential projects. Recreational Opportunities: Thousand Palms offers proximity to golf courses, nature reserves, and outdoor activities, attracting homebuyers seeking a high quality of life. Development-Friendly Environment Zoning and Entitlements: Areas in Thousand Palms often have development-friendly zoning, reducing entitlement hurdles. Local Support: Riverside County and the Coachella Valley region actively support growth and development through incentives and streamlined processes. Target Buyer Demographics Workforce Housing: Affordable housing is in demand for local workers in industries like tourism, agriculture, and healthcare. Retirees and Second Home Buyers: Thousand Palms' climate and affordability make it attractive to retirees and those seeking second homes in a desert setting. Investment Flexibility Development Options: Opportunities range from single-family homes to multi-family projects, depending on the land and zoning. Partnership Potential: The area has a network of developers and investors open to joint ventures. These highlights illustrate why Thousand Palms, CA, is a promising area for residential development, offering both affordability and long-term growth potential.

Listing courtesy of DAMLS / Windermere Real Estate

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# 219121195 —

This property is listed in more than one place. See it here.

The Building

Year Built:

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Year Established:

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Year Built Source:

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New Construction:

No
Construction Materials:

None
Architectural Style:

None
Building Area Total:

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Building Area Source:

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# of Buildings:

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# of Units Total:

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Unit Number:

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Building Name:

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Building Features:

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Roof:

None
Stories:

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Stories Total:

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Levels:

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Make:

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Model:

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Exterior Features:

None
Door Features:

None
Window Features:

None
Security Features:

None
Patio And Porch Features:

None
Accessibility Features:

None
Basement:

None
Foundation Details:

None
Skirt:

None
Body Type:

None
Mobile Length:

None
Mobile Width:

None

Interior

Rooms Total:

None
Furnished:

None
Entry Location:

None
Interior Features:

None
Flooring:

None
Fireplaces Total:

None
Fireplace:

No
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Source:

None

Location

Directions:

None
Cross Street:

Sierra Del Sol and Del Norte Way
Latitude:

33.826001
Longitude:

-116.385041

The Property

Property Type:

Land
Property Subtype:

None
Property Condition:

None
Lot Features:

5+ Lots
Lot Size Area:

7.93
Lot Size Acres:

7.93
Lot Size SqFt:

345430.8
Lot Dimensions Source:

None
Lot Size Source:

Builder
Zoning:

None
Zoning Description:

Assessor
Current Use:

Investment, Unimproved
Possible Use:

Residential, Single Family, Subdivision
View:

Desert
View:

true
Property Attached:

No
Exclusions:

The existing home is not included in the sale.
Water Body Name:

None
Waterfront:

No
View:

Yes
Other Structures:

None
Road Frontage Type:

City Street

Listing Agent

Contact info:

Taxes

Tax Legal Description:

None

Beds

Bedrooms Total:

None

Baths

Full Baths:

None
Three Quarter Baths:

None
Half Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Home Warranty:

No
Disclosures:

Planned Development

Heating & Cooling

Heating:

None
Heating:

None
Cooling:

None
Cooling:

None

Utilities

Utilities:

Electricity Available, Natural Gas Available
Utilities -Natural Gas Available:

true
Electric:

None
Water Source:

Water District
Sewer:

Public Hookup Available

Appliances

Appliances:

None

Schools

Elementary School:

Della S. Lindley
Elementary School District:

None
Middle Or Junior School District:

None
High School:

Cathedral City
High School District:

Palm Springs Unified

The Community

Subdivision Name:

Thousand Palms
Park Name:

None
Gated Community:

No
Senior Community:

false
Senior Community:

No
Community Features:

None
Spa:

false
Spa Features:

None
Pool:

No
Pool Private:

false
Pool Features:

None
Pets Allowed:

None
HOA:

No
Association:

false
Association Name:

None
Association Amenities:

None
Association Fee:

None
Association Fee Includes:

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Association Fee Frequency:

None
Association Fee 2:

None
Association Fee 2 Frequency:

None
Cap Rate:

None
# of Units In Community:

None

Parking

Garage Spaces:

None
Attached Garage:

None
Carport Spaces:

None
Covered Spaces:

None
Parking Total:

None
Parking Features:

None
Open Parking Spaces:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/11/24 Dec 11, 2024	Listed / Active	DAMLS	$1,600,000	156.0% (27.3% / YR)
12/29/23 Dec 29, 2023	Price Changed	DAMLS
12/29/23 Dec 29, 2023	Listed / Active	DAMLS

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This land located in Shangri la Palms, Thousand Palms, CA 92276 is currently for sale for $1,600,000. 73155 Del Norte Way is a – square foot land with – beds and – baths. 73155 Del Norte Way is in the Shangri la Palms neighborhood of Thousand Palms and has a WalkScore® of 12, making it car-dependent. This land is in the attendance area of Rancho Mirage High School.

Listing Courtesy of: DAMLS and Windermere Real Estate.

The information being provided by DAMLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of DAMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.