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    57 Monroe St & Ave Indian Wells, CA 92210

    Sponsored
    For Sale
    $17,000,000

    Luxury Development Opportunity near La Quinta

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 115.16-acre property presents a unique investment opportunity in the prestigious Indian Wells area of Riverside County, California. Zoned A-1-20 (Light Agriculture, 20-acre minimum lot size), this expansive land parcel offers breathtaking views of the Santa Rosa Mountains and a tranquil, open country atmosphere. Located near the intersection of E Monroe St and N Avenue 57 (Vista Santa Rosa), the property boasts a prime location within a short distance of exclusive country clubs, including the Palms Golf Club, Andalusia Country Club, PGA West, and the Madison Club. Its proximity to the acclaimed Desert International Horse Show (three miles) and its position in a neighborhood of equestrian estates make it particularly attractive for high-end residential development. The property's APN is 764-090-001

    Property Features for 57 Monroe St & Ave

    General Information

    Property type
    Farms
    Lot Size
    5,016,370 SF

    HighLights

    • 115.16‑acre land parcel in prestigious Indian Wells, Riverside County, CA.
    • Zoned A‑1‑20 (Light Agriculture, 20‑acre minimum lot size).
    • Stunning Santa Rosa Mountain views.
    • Near E Monroe St and N Avenue 57, close to upscale country clubs (Palms, Andalusia, PGA West, Madison Club).
    • Three miles from the Desert International Horse Show; suitable for high‑end residential development.
    • APN: 764‑090‑001.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indian Wells
    County
    Riverside
    State
    California
    Longitude
    -116.3367515
    Latitude
    33.6871383

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    FAQs

    What type of property is this?
    Farm - Luxury Development Opportunity near La Quinta
    Where is this farm located?
    The property is located at 57 Monroe St & Ave Indian Wells, CA.
    What is the asking price?
    The asking price for this property is $17,000,000.
    What are key features of this property?
    This property features: 115.16-acre land parcel in prestigious Indian Wells, Riverside County, CA.; Zoned A-1-20 (Light Agriculture, 20-acre minimum lot size).; Stunning Santa Rosa Mountain views.
    Request Owner's contact information
    57 Monroe St & Ave Indian Wells, CA 92210
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    Indian Wells, CA 92210
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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
    57 Monroe St & Ave Indian Wells, CA 92210
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