8 7 Ac Hwy 111
Rancho Mirage, CA 92270

8.70 Acres
5 Peaks at Rancho Mirage - Hotel / Retail / Resort. 8.7 ac site for a 200 plus Luxury Suite Resort Hotel. Fully improved off-site improvements on Hwy 111. Prime location at the heart of Rancho Mirage, 3.1 miles from The Ritz-Carlton. Average household income of $131,718 in the immediate area. Crown Jewel of Rancho Mirage on Hwy 111 frontage property in the City. Adjacent Parcel is an entitled site for a high end 229,032 SF commercial retail & spa development (expired 5/2014). Also available for sale. Asking: $4,500,000 ($11.87 per sf).
  • Zipcode: 92270
  • Days on Movoto: 613
  • Year Built:
  • HOA: $0 HOA
  • $/Sqft:
  • Lot: 8.70 Acres
  • Property Type: Land
  • MLS#: 215029604DA
  • MLS:
  • Listing Office: Desert Pacific Properties
  • Listed By: Paula Turner
  • Movoto last checked CRMLS for new data 2 minutes ago
  • CRMLS last updated this listing 5 months ago

Property Features

Overview
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Property History

Status
Date
Price
Pending
Nov 23, 2016
Listed
Sep 21, 2015
$4,500,000
#215029604DA
As of today, , there are 596 properties listed for sale in ZIP code 92270 and 596 properties listed for sale in the city of Rancho Mirage, CA. Of those 596 properties, there are 378 single family houses and 218 condos. The current list price for 8 7 Ac Hwy 111 is $4,500,000, which is 610% above the median price of $634,000 for Rancho Mirage and 610% above the median of $634,000 for 92270. 8 7 Ac Hwy 111 is approximately — Sqft, which is 100% below the median size in Rancho Mirage of 2,900 Sqft and 100% below the median size in 92270 of 2,900 square feet. This property's price per Sqft is —, which is 100% below the median in 92270 of $231 and 100% below the Rancho Mirage median of $231.
This land house is located at 8 7 Ac Hwy 111. It is listed on 09/21/2015.

8 7 Ac Hwy 111 has been on the market for 613 days. The median days on the market for properties in this area is 109 with a median list price of $634,000 and median cost per square foot of $231. It's currently listed as pending under the MLS #215029604DA.

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