49425 Jfk Trl Palm Desert, CA 92260
This exceptional 2-acre parcel in prestigious Ironwood Country Club, Palm Desert, CA (APN: 655-300-028, 029, 030, 031), presents a prime residential development opportunity. Priced at $4,200,000, this elevated site offers breathtaking panoramic mountain views. The property is currently configured as a three-lot subdivision, with the potential for a fourth lot pending minor city approvals. Lots 1 and 2, each approximately 0.5 acres, are ready for immediate construction with approved plans for custom homes exceeding 4000 square feet, including garages, landscaping, and pools. Lot 3, encompassing one acre, also features approved plans for a substantial custom home and the possibility of creating a fourth lot, subject to specified conditions. This once-owned-by-Bing-Crosby location provides a unique opportunity to create an exclusive, boutique development within a highly sought-after community. Approved plans incorporate the stunning views into the design of each residence. This is a rare chance to build multiple luxury homes in a prime Palm Desert location. The address is 49425 JFK Trail, Palm Desert, CA 92260.
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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