Site is located at the Northeastern corner of North Indian Canyon Drive & San Rafael Drive in the city of Palm Springs, CA.
69 Detached Condo Lots (new site plan) | +/-8 Acres
- Property Overview: “PALERMO – PALM SPRINGS” is a gated and well-maintained partially built community with the majority of the common area improvements already installed including a clubhouse and 2 pools. The subject 69 lots* in this offering represents one of the few remaining stand-alone improved lot projects in the city, Which will in include (7 units) of one-story modern product averaging 1,285 sq. ft., and (62 units) of two-story modern product averaging 1,800 sq. ft. to 2,050 sq. ft.. The new conceptual site plan (utilizing the current infrastructure pattern) and new product has been designed to achieve the highest and best use for today’s market generally mirroring the successful and recently sold out “Dakota” Palm Springs product with average pricing around $400±/sq. ft.. All two story units will have 2 car garages, and all one story units will include car ports Palermo is well-located as one of the first new developments potential home buyers come to when entering the Palm Springs/Coachella Valley area from Interstate-10 & Hwy. 111 and is less than 2 miles away from downtown Palm Springs.