For Sale
Coral Mountain
La Quinta, CA
Located in the City of La Quinta, California in the world renowned Coachella Valley, this 20.62 acre property is west of Madison Avenue and south of 60th Street, adjacent to the Andalusia Country Club. This one of a kind, gated compound features a magnificent bridged entrance, a waterfall and lagoon, 3 fully complete, luxury homes ranging in size from 2,962 to 3,660 square feet that are fully landscaped with extensive pool and spa features in 2 of the 3 homes. Also included in the compound are 54 graded lots averaging 10,105 square feet.
The property is located within a Qualified Opportunity Zone, near the world renowned La Quinta Resort and the Polo Fields in Indio that hosts events such as Coachella and Stagecoach music festivals. With a premium location, this community could also be developed as short term vacation rentals or a build-for-rent subdivision and would benefit from the tax advantages provided by the Qualified Opportunity Zone designation.
Working in conjunction with Imperial Valley Irrigation District (IID), the ownership group and BlockEnergy, a subsidiary of Emera Inc. (International energy provider to more than 1.5 million customers in 4 countries) are designing a state of the art, grid independent power solution. Reliable, sustainable and cost efficient, BlockEnergy systems are designed for self-generating power, using distributed solar, inverters, batteries and advanced control, along with non-electric energy generation back-up, creating a truly off the grid, self sustaining system. BlockEnergy has created a program and services that will be the model for how new homes are connected in the future.
Details
OWNERSHIP
La Quinta Malaga, LLC;
APN(S)
766-110-020;
766-170-001 thru 039;
766-180-001 thru 031;
766-160-001 thru 028
LOT CONDITION
Semi-Finished
ENTITLEMENT
Recorded Tracts 33597
LOTS
54 GRADED LOTS
Lot Nos. 1-53, 57
MODELS
3 Models
Lot Nos. 54-56
Contact
David Landes • Vice President, Land Advisors Organization
Mobile: 858-692-8626 • Email: dlandes@landadvisors.com
2777 Jefferson Street, Suite 200 E
Carlsbad, CA 92008
DRE # 01106774
Brian Bush • Vice President of Acquisitions
Mobile: 909-731-2036 • Direct: 909-373-2629 • Email: bbush@divpac.com