ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single...

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ALTAMIRA SOUTHERN CALIFORNIA 248 LOT DEVELOPMENT OPPORTUNITY 105 ± ACRE SITE || JOSHUA TREE, CA 92252 ALTA LOMA DRIVE SUNNY VISTA ROAD TWENTYNINE PALMS HWY Friendly Hills Elementary School

Transcript of ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single...

Page 1: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

ALTAMIRASOUTHERN CAL IFORNIA 248 LOTDE VELOPMENT OPPORTUNITY105 ± ACRE SITE || JOSHUA TREE, CA 92252

ALTA LOMA DRIVE

SUN

NY

VISTA

RO

AD

TWENTYNINE PALMS HWY

Friendly Hills Elementary School

Page 2: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

OFFERING HIGHLIGHTS

ALTAMIRASOUTHE RN CAL IFORNIA 248 LOTD EVELOPMENT OPPORTUNITY

Vintage shops in downtown Joshua Tree

Approved Tentative Map for 248 single family lots

10,000 SF minimum lot size

19 ± acres ofopen space

Walking distance to many retail shops and restaurants

Homes from 1,600to 2,300 SF

10k

Located at the gate-way to Joshua tree National Park

PRICE: $2,976,000

Page 3: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

OVERVIEWThe offering consists of Altamira, meaning “View from a High Place”, a 248 lot single family residential subdivision on approxi-mately 105 acres. The project benefits from an approved tentative map with lots ranging from 10,000 SF to 20,320 SF and approxi-mately 19 acres of planned open space.

The project is located just south of Highway 62 (Twentynine Palms Hwy) within the high desert community of Joshua Tree. The well-established community has a blossoming arts scene, new vin-tage shops and restaurants along with increasing median home prices, which all make this an exciting opportunity.

PROPERTY INFORMATIONAddress: NWC Sunny Vista Road & Alta Loma Drive, Joshua Tree, CA 92252

Assessor’s Parcel Information:

APN Size (Acres)0601-211-09 34.39

0601-211-13 69.70

TOTAL 104.09

Zoning: Zoning: Joshua Tree/Single Residential – 10,000 Sq. Ft. minimum (JT/RS-10M)

ALTAMIRASOUTHE RN CAL IFORNIA 248 LOTD EVELOPMENT OPPORTUNITY

PRICE: $2,976,000

Page 4: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

DEVELOPMENT SPECIFICSTentative Tract Map: 18255

Development Plan: To be formed by Buyer

Approval Date: September 27, 2016

Expiration Date: September 27, 2019

Conditions of Approval:

PRICE: $2,976,000

ALTAMIRASOUTHE RN CAL IFORNIA 248 LOTD EVELOPMENT OPPORTUNITY

TTM Acreage:

Gross 105.24 Acres

Net 101± Acres

Lot Size:

Largest Lot 20,320 SF

Smallest Lot 10,000 SF

Average Lot 11, 528 SF

Lot Density:2.36 Residential Lots/Acre

Earthwork:

Raw Cut 408,134 CY

Raw Fill 408,134 CY

Net Export 0 CY

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AERIAL

PRICE: $2,976,000

ALTAMIRASOUTHE RN CAL IFORNIA 248 LOTD EVELOPMENT OPPORTUNITY

TWENTYNINE PALMS HWY

ALTA LOMA DRIVESU

NN

Y V

ISTA R

OA

D

PAR

K B

LVD

.

DOWNTOWNJOSHUA TREE

Friendly Hills Elementary School

Page 6: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

TAX MAP

PRICE: $2,976,000

ALTAMIRASOUTHE RN CAL IFORNIA 248 LOTD EVELOPMENT OPPORTUNITY

Page 7: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

LOCATION

PRICE: $2,976,000

ALTAMIRASOUTHE RN CAL IFORNIA 248 LOTD EVELOPMENT OPPORTUNITY

Joshua Tree is a community of artists, musicians, working families, businesspeople, telecommuters and retirees. Downtown has art galleries featuring local artists, several beautiful gift shops, outfit-ters, music, great food and more. The National Park Visitors Center is located right off the main street and the park offers outdoor en-thusiasts many opportunities for adventure including: hiking, back-packing, cycling, climbing, birding and stargazing.

Cultural institutions include the Hi-Desert Cultural Center, home to the Kaye Ballard Playhouse and Blak Box Theater; the Joshua Tree Retreat Center, a world-famous meditation, yoga and conference center designed by Frank Lloyd Wright and his son, Lloyd Wright; and Harrison House, a North African-inspired work of art built by the late composer Lou Harrison, and now a venue for chamber con-certs and dance recitals.

Every fall, local artists open their doors for the Highway 62 Art Tours. Held over two weekends in late October, the Art Tours pro-vides a unique opportunity for the public to interact one on one with working artists.

RECOMMENDED OFFERING TERMSDue Diligence: 90 Days

Close of Escrow: 30 days following expiration of Due Diligence

Asking Price: $2,976,000 ($12,000/lot)

Seller will also consider Joint Venture offers

JOSHUATREE

Page 8: ALTAMIRA - LoopNet · Vintage shops in downtown Joshua Tree Approved Tentative Map for 248 single family lots 10,000 SF minimum lot size 19 ± acres of open space Walking distance

For more information, please contact:

MATT DAVIS(858) 334 4026 Lic. #1758818 [email protected]

THE LAND GROUP WWW.THELANDGROUPCW.COM

CUSHMAN & WAKEFIELD OF SAN DIEGO, INC. 4747 Executive Drive, 9th Floor, San Diego, CA 92121 Lic. #01329963

TERRY JACKSON(858) 558 5685 Lic. #00669485 [email protected]