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Investment Highlights

  • RARE IRREPLACEABLE PROPERTY WITH ADJACENT DRAMATIC MOUNTAIN AN ROCK FORMATIONS CREATES A SCENIC & NATURAL SECLUSION
  • ADJACENT TO QUARRY GOLF CLUB AND NEARBY EXISTING AMENITIES INCLUDE HIKING TRAILS, & LAKE CAHUILLA
  • ONE OF LAST DEVELOPABLE PRISTINE COVE PROPERTIES IN VALLEY | SUBSTANTIAL SANTA ROSA MOUNTAIN & VALLEY VIEW PREMIUMS

Executive Summary

Coral Canyon will be an opportunity for a developer to provide outstanding luxury resort product, focusing on health and wellness, to compliment one of the most scenic and well-located developable properties in the Coachella Valley. Approved for 219 residential luxury homes.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hospitality
  • Single Family Residence
Total Lot Size 80.00 AC
Cross Streets Jefferson Street
Zoning Residential Low

1 Lot Available

Lot

Lot Size 80.00 AC

80+/- Net Developable Acres (323± Total Gross Acres) Rare Tentative Tract Map Approvals for 219 Lots or Potential Hospitality Use.

Description

“CORAL CANYON” consists of 80± developable acres, (with potential for hospitality/resort development use) situated on a total of 323± scenic acres in the Santa Rosa foothills in luxurious south La Quinta. The subject property is located just south of the exclusive “The Quarry Golf Club”. The development site provides picturesque mountain and/ or valley views. Coral Canyon is minutes away from three other large golf courses, The Golf Club @ La Quinta, PGA West, and Andalusia at Coral Mountain. Also, within a few miles, future hospitality customers will have access to many restaurants, shopping, Lake Cahuilla, and world-class resorts. Bordered by The Quarry to the north, BOR land to the east, BLM property to the south and the Santa Rosa & San Jacinto Mountains National Monument to the west, Coral Canyon is the best and one of the last developable “cove” parcels in the entire valley. The gently sloping terrain on which the resort will be built rises up onto a hillside resulting in premium views. Dramatic mountains and rock formations, which create a scenic, natural seclusion (are found only in the most exclusive developments in the valley), frame the core development area of Coral Canyon. La Quinta is known as one of the most beautiful cities in the Coachella Valley (a.k.a the Gem of the Desert) adjacent to the pristine Santa Rosa mountain range. La Quinta is one of the most affluent cities in the Coachella Valley. The city is also home to more than twenty prestigious golf courses including Silver Rock Resort which is an Arnold Palmer Classic Course, and has hosted the world famous PGA tour.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 766-020-007
  • 766-020-004
  • 766-020-005
Land Assessment
$9,934,509 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,934,509 CAD
  • Listing ID: 15909600

  • Date on Market: 2019-04-30

  • Last Updated:

  • Address: Quarry Ranch Rd, La Quinta, CA 92253

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