Site is off of Varner Road/Bosa Chica Trail (Take Monterey Ave. Exit from I-10), in Thousand Palms, CA.
±41 Acres | 85 Single Family Detached Lots (5,000 to 8,000 Sq. Ft.)
- Property Overview: Shenandoah Springs Masterplan is an extension of the adjacent highly amenitized community of Tri-Palms
Estates Country Club & Golf Course (27 holes) and is approved for a 55+ age restricted project, which are consistently the best selling developments in the desert today. The subject property also presents opportunity to attract move-up home buyers and retirees from the more mature Tri-Palms Estates (55+ as well) project consisting of 1,629 already built & sold homes. Approx. 57 of the 85 lots are golf course adjacent and will command premiums. Shopping nearby at Desert Gateway retail center includes Wal-Mart, Sam’s Club, PetsMart, Kohl’s, Ashley Furniture, Payless Shoes, and Starbucks. The subject property is also near the Agua Caliente Resort & Casino. The nearby city of Palm Desert is located in the center of the Coachella Valley and spans from I-10 to south of Hwy. 111. The city is well known for its luxury shopping district known as “El Paseo,” multiple resorts and golf courses, and several college campuses. With a population of 50,417 and a lack of future lot supply, Palm Desert has growing demand from new homebuyers, especially from the under supplied lower price points in superior locations that the subject project could cater to.