58460 Cereus Ave Yucca Valley, CA 92284
This exceptional 18.6-acre commercial land parcel in Yucca Valley, CA, presents a unique investment opportunity. Located at 58460 Cereus Ave, 92284, this property comprises seven hillside lots, each offering approximately two or more acres of buildable land. Situated in a private, luxury neighborhood on the eastern edge of Sawtooth Ridge, the land boasts breathtaking forever vistas and stunning sunsets. The property's elevated position provides exceptional privacy and panoramic views, transforming into shimmering city lights at night. Utilities vary per lot; buyers should contact the relevant agencies for details. The area is known for its expensive homes, attracting celebrities, artists, and musicians. Architects and designers are increasingly drawn to the area's natural beauty, creating cutting-edge homes. The property's proximity to Joshua Tree National Park (approximately 3 million annual visitors) and Palm Springs (about 40 minutes away) adds significant value. This is a prime opportunity for developers to create multiple high-end properties. The specific lot sizes are: 0598-392-04 (2.07 acres), 0598-392-02 (2.27 acres), 0598-392-06 (3.51 acres), 0598-393-19 (2.3 acres), 0598-393-21 (2.97 acres), 0598-393-22 (3.13 acres), and 0598-392-05 (2.35 acres). The asking price is $500,000. Building codes and usage regulations should be verified with the city planners. The APN numbers are: 059839205; 0598-392-04; 0598-392-02; 0598-392-06; 0598-393-19; 0598-393-21; 0598-393-22; 0598-392-05; 0598-392-04; 0598-392-02. This is a rare opportunity to acquire a significant land holding in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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