Description
Welcome to a rare agricultural and investment opportunity in the heart of Thermal, California. Spanning almost 20 acres, this cleared and well maintained property has been used as an event venue for Coachella and Stagecoach, among other events. The property is supported by its own brand new private well and receives Coachella Valley Water. Perfectly positioned for future growth, the property sits within a designated Opportunity Zone, making it ideal for investors seeking significant tax advantages alongside potential interim income. Just minutes away are some of the region's most iconic destinations, including the Coachella Valley Music and Arts Festival, the world-renowned Empire Polo Club, and luxury communities such as The Madison Club. High-profile estates and venues like Zenyara, Cavallo Ranch, and the acclaimed Desert International Horse Park are all close by, as is convenient access to Jacqueline Cochran Regional Airport. With its prime location, strong future investment potential, valuable water resources, and development-friendly zoning, this represents an exceptional opportunity for farming, investment, or future vision. Perfect for operators, investors, or those seeking a strategic landholding near the Coachella Valley's most desirable destinations. Adjoining 30 acres is also available and Seller would prefer to sell both properties together.
Details
| MLS # | 26649417 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 211 |
| Listing Provided By | The Beverly Hills Estates | Stephen Apelian |
Features
| Zoning | A-1-20 |
|---|---|
| Acreage | 19.80 |
| Property View | Yes |
Exterior
| Lot Features | Agricultural, Corners Marked, Ranch |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Thermal |
| Zip Code | 92274 |
| Area | 316 Thermal |
| Community Name | Vista Santa Rosa |
| Listing VS Median (in Vista Santa Rosa) | |
Price: $1,600,000 low | high Med: $24,000,000 On site: 211 low | high Med: 148 | |
Market Activity 92274
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Thermal |
| Zip Code | 92274 |
| Area | 316 Thermal |
| Community Name | Vista Santa Rosa |
| Listing VS Median (in Vista Santa Rosa) | |
Price: $1,600,000 low | high Med: $24,000,000 On site: 211 low | high Med: 148 | |
 | $2,400,00083775 58th AvenueThermal, CA 92274 |