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: 525
  • Year Built:
  • 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 9 minutes ago
  • CRMLS last updated this listing 3 months ago

Property Features for 8 7 Ac Hwy 111 , Rancho Mirage

Overview
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Property History for 8 7 Ac Hwy 111, Rancho Mirage

Status
Date
Price
Pending
Nov 23, 2016
Listed
Sep 21, 2015
$4,500,000
#215029604DA
As of today, there are 349 properties listed for sale in ZIP code 92270 and 349 properties listed for sale in the city of Rancho Mirage, CA. This property at 8 7 Ac Hwy 111 in 92270 is currently listed for $4,500,000. This is 616% above the $628,800 median price for Rancho Mirage and 616% above the 92270 median of $628,800. Of the 349 properties for sale in Rancho Mirage, 245 are single family homes and 104 are condos. 8 7 Ac Hwy 111 is a land home that is approximately — square feet, 100% below the Rancho Mirage median of 2,898 and 100% below the 92270 ZIP code median of 2,898. The price per Sqft is —, which is 100% below the median price in 92270 of $228 and 100% below the Rancho Mirage median of $228 per Sqft.
This land house is located at 8 7 Ac Hwy 111. It is listed on 09/21/2015 for $4,500,000.

8 7 Ac Hwy 111 has been on the market for 525 days. The median days on the market for properties in this area is 105 with a median list price of $628,800 and median cost per square foot of $228. It's currently listed as pending under the MLS #215029604DA.

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