Site is located in the city of La Quinta, California (Coachella Valley)
219 Single Family Lots (323± Gross Acres)
- Property Overview: Coral Canyon (“Coral”) consists of a fully entitled 219 approved tentative map lots situated on 323± acres in the Santa Rosa foothills in luxurious south La Quinta. The subject property is located just south of the exclusive “The Quarry Golf Club” (community with $2M to $4M re-sale product), and all of the lots are plotted to provide home owners with picturesque mountain and/or valley views. Coral Canyon is minutes away from three other large golf course-oriented residential projects, The Golf Club @ La Quinta, PGA West and Andalusia at Coral Mountain. Also, within a few miles, future home owners have access to many restaurants, shopping, Lake Cahuilla, and world-class resorts. Coral Canyon will be an opportunity for a homebuilder to provide outstanding luxury product to compliment one of the most scenic and well-located developable properties in the Coachella Valley. Bordered by The Quarry to the north, BOR land to the east, BLM property to the south and the Santa Rosa & San Jacinto Mountains National Monument to the west, Coral is the best and one of the last developable “cove” parcels in the entire valley. In addition to location, the Coral property has unique site characteristics and flowing land plan unlike typical flat residential development sites in the Coachella Valley. The gently sloping terrain on which the residences will be built rises up onto a hillside resulting in premium elevated view lots. Building pad elevations range from 70-170 feet above sea level. Dramatic mountains and rock formations, which create a scenic, natural seclusion found only in the most exclusive developments in the valley, frame the core residential area.