Site is located at Monroe Street & 55th Avenue, in the city of La Quinta, CA.
80 Single Family Detached Lots
- Property Overview: MONROE 80 offers a unique opportunity within the Qualified Opportunity Zone (which allows for significant tax benefits), adjacent to the affluent city of La Quinta. This project includes rare approved tentative tract map for the area consisting of 80 single family lots and large lot sizes ranging from 10,000 – 39,700 Sq. Ft.. This 40-acre community provides exclusivity and is also short driving distance to great shopping, restaurants off Hwy. 111, and golf. Additionally several other attractions are located nearby including the SilverRock Resort and golf course with the Montage & Pendry hotels under construction and set to open in 2021; and the Coachella & Stagecoach Festivals at the Polo Grounds. 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, and is home to nearly 30 golf courses, with an impressive average household income of $122,144.