211 Sunrise Way,Palm Springs, CA 92262
Palm Springs, CA 92262
Description
15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs.Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.Located on site of the former Gas Company building set to be sold separately or as a packaged deal.
Details
| MLS # | 219154195PS |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 22 |
| Listing Provided By | Compass | Ryan Bragg |
Features
| Acreage | 1.37 |
|---|---|
| Property View | Yes |
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Springs |
| Zip Code | 92262 |
| Area | 332 Central Palm Springs |
| Community Name | Central Palm Springs |
| Listing VS Median (in Central Palm Springs) | |
Price: $3,250,000 low | high Med: $1,164,900 On site: 22 low | high Med: 228 | |
Market Activity 92262
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Springs |
| Zip Code | 92262 |
| Area | 332 Central Palm Springs |
| Community Name | Central Palm Springs |
| Listing VS Median (in Central Palm Springs) | |
Price: $3,250,000 low | high Med: $1,164,900 On site: 22 low | high Med: 228 | |
 | $3,150,000211 N Sunrise WayPalm Springs, CA 92262 |