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Bob Hope Dr
Rancho Mirage, CA 92270
Desert Rose AS Parcel #2 · Land For Sale · 57.46 AC

Investment Highlights

  • Approximately 57.46 acres supporting retail, mixed-use, and high-density residential development.
  • Zoning allows up to 770 residential units across designated planning areas.
  • Community retail envisioned at Dinah Shore frontage with a maximum FAR of 0.35.
  • Frontage on Dinah Shore Drive with a future signalized intersection for enhanced visibility.
  • Affordable housing incentives can increase density to approximately 36 units per acre.
  • Site plan supports phased development in a growing market with strong residential demand.

Executive Summary

This ±57.46-acre parcel presents a significant mixed-use development opportunity in a rapidly growing market. The property is subdivided into six planning areas supporting multiple uses, including community retail, mixed-use residential, and high-density multifamily. Planning Area 1.04 offers retail potential with high visibility along Dinah Shore Drive and future frontage on a proposed signalized intersection. Additional planning areas allow for up to 182 mixed-use residential units and as many as 588 high-density residential units, with incentives available for affordable housing that could increase density further. Flexible zoning under SP 19 accommodates a diverse range of development concepts for long-term growth and community integration.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 57.46 AC
Zoning SP 19 - Specific Plan

1 Lot Available

Lot

Price $18,280,092 CAD
Price Per AC $318,135.96 CAD
Lot Size 57.46 AC

±57.46-acre development site with six planning areas zoned for retail, mixed-use, and high-density residential, allowing up to 770 units and future corner retail at a signalized intersection.

Description

The subject property consists of approximately 57.46 acres configured across six designated planning areas. It features frontage along Dinah Shore Drive and future enhanced access via the proposed Key Largo Avenue expansion, creating a signalized intersection at Planning Area 1.04. The site is zoned for various uses under the SP 19 designation, including retail, mixed-use, and high-density residential. The land plan envisions a vibrant community with retail services at the frontage, integrated mixed-use development with up to 182 residential units, and high-density residential zones accommodating up to 588 units in three to four-story buildings. Affordable housing options are encouraged, potentially increasing allowed densities. These characteristics position the property for a phased development approach that supports commercial vitality and modern residential living concepts.

  • Listing ID: 37636680

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: Bob Hope Dr, Rancho Mirage, CA 92270

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