39 ACRES BY PGA WEST & THE MADISON CLUB
LA QUINTA SPHERE
FEATURES
- In the sphere of influence of the City of La Quinta
- Wonderful open country atmosphere, but close to all the conveniences
- In an area of many exclusive equestrian estates
- Minutes to Old Town La Quinta, an epicurean experience with fine dining & shops
- Close proximity to Coachella & Stagecoach Music Festivals, acclaimed Madison Club, Desert International Horse Show, and many more!
- In Opportunity Zone with potential for tremendous tax benefits
PRICE: $4,500,000 ($115,385/AC)
VICINITY MAP
Amenities
- Location: Property is located at north of Airport Blvd & east of Monroe St in Vista Santa Rosa, CA
- APN: 780-310-013
- Parcel Size: 39 AC (1,698,840 SF)
- Zoning: A-1-20 (Light Ag, 20-acre min. lot size)
- General Plan: Agriculture
- Utilities:
Electrical: In Street
Irrigation Water: Meter #1997
Domestic Water: 21” line on Monroe St ; 18” line on Airport Blvd
Sewer: 18” line on Monroe St - Current Use: Farmground
- Terms: Cash
- Comments: Build your own private estate close to shopping, restaurants and golf in the immediate path of growth. In the sphere of influence in the City of La Quinta. Across from the ultra-exclusive Madison Club, a popular celebrity destination
Also across from the acclaimed Griffin Ranch
WHAT IS AN OPPORTUNITY ZONE?
Why is investing in an Opportunity Zone better than a 1031 Exchange?
Temporary Deferral: Similar to a 1031 Exchange.
Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation.
Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income.
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property. ref: 02/23/23 JC
Susan Harvey, Broker
[email protected]
Cell: 760.250.8992
DRE License #00957590
Ranked #1 in the Coachella Valley for Commercial Real Estate
Paula Turner, Broker
[email protected]
Direct: 760.766.0511
Cell: 760.578.6564
DRE License #00702492