ActiveLand · sale

2700 Alejo Road

Palm Springs, CA 92262

$3,950,000

  • 2.53 acres

Listed by Black Label Real Estate Group · MLS #219150744PS

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2700 Alejo Road, Palm Springs, CA 92262 · MLS #219150744PS

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A FEW THINGS TO NOTICE

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Property size

2.53 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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 NEIGHBORHOOD

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2700 Alejo Road, Palm Springs, CA 92262

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LOCAL MARKET CONTEXT

Riverside County housing market

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12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

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Property type
Land
Category
Land
Subdivision
Sunmor
Zoning
R-1
Parcel
507380029

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #219150744PS · California Regional MLS

Listing brokerage: Black Label Real Estate Group
Listing agent: Neil Curry

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.