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$3,950,000
Est. payment /mo
2.53 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sunmor
MLS Listing ID 219150744
HOA Y/N No
Lot Size 2.530 Acres
Acres 2.53
Property Description
Pueo Palm Springs offers a rare opportunity to acquire a fully entitled luxury residential development in the heart of Palm Springs. This boutique community consists of eight detached single-family residences on expansive 13,000+ SF fee simple lots (no land lease), each designed as a 2,927 SF single-level modern home with 3 bedrooms and 4 bathrooms, plus an optional 780 SF ADU featuring 1 bedroom and 1 bathroom.
The contemporary architectural design maximizes indoor-outdoor living while capturing spectacular panoramic mountain views from every homesite. Located in a premier central Palm Springs neighborhood of Sunmor, the project is just minutes from downtown shopping, dining, entertainment, golf, and all the amenities that define the Palm Springs lifestyle.
A significant development milestone has already been achieved. The project has completed the entitlement process and received approvals from the City of Palm Springs Planning, and Architectural Review Committee (ARC). Tentative Tract Map (TTM) No. 38049 has been approved pursuant to Resolution No. 1074, subject to the City's Conditions of Approval, substantially reducing entitlement risk and shortening the development timeline.
Development opportunities of this size and quality are increasingly rare in Palm Springs. With only eight luxury residences, oversized fee-simple homesites, approved modern architecture, and a fully entitled subdivision in one of the city's most desirable locations, Pueo Palm Springs presents an exceptional opportunity for developers, builders, or investors seeking a premier luxury residential project.
The contemporary architectural design maximizes indoor-outdoor living while capturing spectacular panoramic mountain views from every homesite. Located in a premier central Palm Springs neighborhood of Sunmor, the project is just minutes from downtown shopping, dining, entertainment, golf, and all the amenities that define the Palm Springs lifestyle.
A significant development milestone has already been achieved. The project has completed the entitlement process and received approvals from the City of Palm Springs Planning, and Architectural Review Committee (ARC). Tentative Tract Map (TTM) No. 38049 has been approved pursuant to Resolution No. 1074, subject to the City's Conditions of Approval, substantially reducing entitlement risk and shortening the development timeline.
Development opportunities of this size and quality are increasingly rare in Palm Springs. With only eight luxury residences, oversized fee-simple homesites, approved modern architecture, and a fully entitled subdivision in one of the city's most desirable locations, Pueo Palm Springs presents an exceptional opportunity for developers, builders, or investors seeking a premier luxury residential project.
Location
State CA
County Riverside
Area 332 - Palm Springs Central
Exterior
View Y/N true
View Mountain(s)
Private Pool No
Building
Lot Description 5+ Lots
Sewer Public Hookup Available
Schools
School District Desert Sands Unified
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan, Conventional
Listing Terms 1031 Exchange, Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Virtual Tour https://pueopalmsprings.com
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Listed by Black Label Real Estate Group
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