Marketing Flyer

THE HOFFMAN COMPANY EXCLUSIVE OFFERING
Rare Residential Entitlement & Development Opportunity of this size and location in La Quinta Area
Easy access to Highway 111 | Near Shopping, Golf Courses, Polo Grounds & Resorts
Nearby New Home Projects in Indio Selling from $750k - $1.3M
PALM SPRINGS
INDIAN WELLS
JEFFBRIDGE
ERSO @
N
COUNTRY CLUB
49T
HA
VEN
ST
RSON
JEFFE
111
AVEN
UE 4
UE
8
ESTA
CIO
E
AV
IVER
R
T
ES
ER
DES ESTAT
E
NU
MON
50
TAGE
CI
ACTIVE
$835K - $1.2M
TY
Y
LA
T
CI
OF
SOLD OUT
Re-Sales $750K - $1.8M
OF
O
DI
TA
IN
IN
QU
44.5 RESIDENTIAL ACRES
@ AVENUE 50
REGION
ACTIVE
$750K - $1.3M
Up To ±80* Potential Luxury Single Family Home Lots
Southwest Indio, CA | Adjacent to La Quinta
COACHELLA VALLEY
PROPERTY DETAILS
LOCATION
POLO GROUNDS
BROKER CONTACT
Indio (Southwest), California [Adjacent to City of La Quinta]
Erik Christianson, CA BRE #01475105
Coachella Valley, Riverside County
T 949.705.0920 | C 949.910.7337
INTERSECTION Avenue 50 & Verano Drive (East of Jefferson Street ½ Mile).
echristianson@hoffmanland.com
AREA LANDMARKS Adjacent to Mountain View Country Club La Quinta (Toll Brothers Sold Out). Near the Polo Grounds & La Quinta Resort.
PROPERTY SIZE ±44.5 Acres
LOT COUNT Up to ±80* lots may be possible with zone change to all or mostly ½ acre lots similar to adjacent and nearby built subdivisions.
ZONING
Country Estates (CEIR-1 & CEIR-2). Adjacent to Zoning of CEIR ½.
DENSITY
Current Density is 1DU/acre & 1DU/2 acres,
however abuts developments with 2DU/acre density.
HOME SIZE Suggested 3,400 to 4,800 sq. ft.
ENTITLEMENTS Unentitled.
SITE CONDITION Unimproved On-Sites (adjacent to Ave 50, all utilities to or nearby subject site)*
OFFER DEADLINE Offers to be considered and responded to as submitted.
OFFERING MEMORANDUM Request from Broker
*Buyer to Verify with City & Utility Agencies.
INDIO & LA QUINTA
QUICK FACTS
Indio Home Price Last
12 Months (re-sale + new) :
2.6%
La Quinta Home Price Last
12 Months (re-sale + new) :
7.2%
La Quinta Average
Household Income
$93,091
Sources: US Census Bureau, NAR, Dataquick
CITY OF INDIO & CITY OF LA QUINTA
Indio is the Coachella Valley’s fastest growing city, the fifth fastest growing city in the state last year, and is endowed
as the most populous city in the desert with 84,000 residents. Indio has become known both locally and across the
nation as the “City of Festivals” with annual concerts and fairs breaking new attendance records every year. To keep
up with the growing population, in the last six years alone, the city of Indio has invested more than $100 million in
infrastructure including paved roadways, landscaping, and upgraded water & sewer treatment plants.
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 has a large winter/spring seasonal population that
has rapidly grown over the past few decades. In 2015, La Quinta was home to over 39,032 residents, representing
a 62 percent increase from its 2000 census population. La Quinta is one of the most affluent cities in the Coachella
Valley with an average household income of $93,091. 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. One of the most popular resorts in the area is the La Quinta Resort and Club operated by Waldorf Astoria
situated at the base of the beautiful
Santa Rosa Mountains. Homebuyers
flock to La Quinta for its resort-like
atmosphere, world-class golf, thriving
arts community, countless hiking
trails, charming boutique shops &
restaurants….and most of all, the
scenic beauty of La Quinta.
Subject Property Photo
Nearby New Home Sold
at Stonefield Estates ($1.2M)
Adjacent Mountain View Country Club La Quinta (Toll Brothers - SOLD OUT)
COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T 760.969.7357