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    71231 Cholla Way Palm Desert, CA 92260

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    For Sale
    $6,250,000

    25-acre site near El Paseo Shopping District.

    Property size:
    1,089,000 SF
    Lot size:
    25.00 Acres

    Property Features for 71231 Cholla Way

    General Information

    Size
    1,089,000 SF
    Lot size
    25.00 Acres

    Source: Desert Pacific Properties Agent Susan Harvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palm Desert Land Opportunity

    This 25-acre site is located in the South Palm Desert area of Cahuilla Hills. The property offers the opportunity to build a custom estate with unobstructed views of the desert mountainscape. It is situated minutes away from the El Paseo Shopping District. The property's secluded location offers privacy and mountain vistas. It is surrounded by communities such as Bighorn Golf Club, Ironwood Country Club, and The Reserve Club. The property size is 1089000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Clothing Store Hotel & Motel Gym & Fitness Pharmacy Kitchen & Bath Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.42217
    Latitude
    33.687305

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    FAQs

    What type of property is this?
    Land - 25-acre site near El Paseo Shopping District.
    Where is this land located?
    The property is located at 71231 Cholla Way Palm Desert, CA.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: - Unobstructed views of the desert mountainscape.; - 25-acre site suitable for building a custom estate.; - Minutes away from El Paseo Shopping District (Gucci, Louis Vuitton, Saks Fifth Avenue, Mastro's Steakhouse).
    (760) 250-8992
    Request Owner's contact information
    71231 Cholla Way Palm Desert, CA 92260
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    Palm Desert, CA 92260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    71231 Cholla Way Palm Desert, CA 92260
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