IMPROVED HALF ACRE LOTS WITH RECORDED FINAL MAP | … · adjacent/nearby new home projects nearly...
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PROPERTY & INDIO/LA QUINTA OVERVIEW The subject 16 partially improved lots at “STONFIELD ESTATES” consists of the last remaining phase of the 41 total homes in the community. These 16 are the most superior lots perfectly oriented for views of the mountains with no pass-through traffic. This shovel-ready project will fill the demand need with pent up demand already established for this phase. Award winning architecture can also be included with this purchase. Indio is the Coachella Valley’s fastest growing city, the fifth fastest growing city in the state last year, and is endowed as the most populous city in the desert with 84,000 residents. Indio has become known both locally and across the nation as the “City of Festivals” with annual concerts and fairs breaking new attendance records every year. To keep up with the growing population, in the last six years alone, the city of Indio has invested more than $100 million in infrastructure including paved roadways, landscaping, and upgraded water & sewer treatment plants. 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. La Quinta has a large winter/spring seasonal population that has rapidly grown over the past few decades. In 2016, La Quinta was home to over 38,489 residents, representing a 62 percent increase from its 2000 census population. La Quinta is one of the most affluent cities in the Coachella Valley with an average household income of $104,281. The city is also home to more than twenty prestigious golf courses including Silver Rock Resort which is an Arnold Palmer Classic Course, and has hosted the world-famous PGA tour. One of the most popular resorts in the area is the La Quinta Resort and Club operated by Waldorf Astoria situated at the base of the beautiful Santa Rosa Mountains. Homebuyers flock to La Quinta for its resort-like atmosphere, world- class golf, thriving arts community, countless hiking trails, charming boutique shops & restaurants…. and most of all, the scenic beauty of La Quinta. THE HOFFMAN COMPANY EXCLUSIVE OFFERING COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T (760) 969-7357 BROKER CONTACT Entry Gate Product Rear Yard Pool Nearby New Home Sold at Stonefield Estates ($1.2M) Erik Christianson CA BRE #01475105 C (949) 910-7337 | T (949) 705-0920 echristianson@hoffmanland.com PROPERTY DETAILS MARKET Coachella Valley LOCATION Indio (Southwest), California [Adjacent to City of La Quinta] INTERSECTION Northwest Corner of Madison Street & Avenue 50 (East of Jefferson Street ½ Mile). AREA LANDMARKS Near Mountain View Country Club La Quinta (Toll Brothers Sold Out). Near the Polo Grounds & La Quinta Resort. PROPERTY SIZE 10± Acres LOT COUNT 16 Single Family Detached Lots LOT SIZE ½ Acre Min. Lot Sizes (up to 33,977 sq. ft.) ENTITLEMENTS Recorded Final Map ZONING R-L-2 Very Low Density Residential (2 DU/Acre) SITE CONDITION Rough Graded Lots & Streets Cut. OFFER DEADLINE Offers to be considered as submitted. OFFERING MEMORANDUM Request from Broker PALM SPRINGS COACHELLA & STAGECOACH FESTIVALS @ EMPIRE POLO CLUB MADISON ST CITY OF INDIO CITY OF LA QUINTA DESERT RIVER ESTATES 50TH AVENUE SOLD OUT 2017 RE-SALES $750K - $1.8M ACTIVE $835K - $1.2M ACTIVE $750K - $1.3M Indio Home Price Last 12 Months (re-sale + new): 3.4% La Quinta Home Price Last 12 Months (re-sale + new): Sources: US Census Bureau, NAR, Dataquick La Quinta Average Household Income: 8.0% $104,281 INDIO & LA QUINTA QUICK FACTS stonefield estates SOUTHWEST INDIO, CA (ADJACENT TO LA QUINTA) 16 LUXURY IMPROVED HALF ACRE ESTATE LOTS COACHELLA VALLEY, CA IMPROVED HALF ACRE LOTS WITH RECORDED FINAL MAP | SUBJECT 16 LOTS BEST IN THE COMMUNITY WITH MOUNTAIN VIEWS ADJACENT/NEARBY NEW HOME PROJECTS NEARLY SOLD OUT – RECENT HOME CLOSINGS FROM $750K-$1.3M EASY ACCESS TO HIGHWAY 111 | NEAR SHOPPING, GOLF COURSES, POLO GROUNDS & RESORTS
Transcript of IMPROVED HALF ACRE LOTS WITH RECORDED FINAL MAP | … · adjacent/nearby new home projects nearly...
PROPERT Y & INDIO/LA QUINTA OVERVIEW
The subject 16 partially improved lots at “STONFIELD ESTATES” consists of the last remaining phase of the 41 total homes in the community. These 16 are the most superior lots perfectly oriented for views of the mountains with no pass-through traffic. This shovel-ready project will fill the demand need with pent up demand already established for this phase. Award winning architecture can also be included with this purchase.
Indio is the Coachella Valley’s fastest growing city, the fifth fastest growing city in the state last year, and is endowed as the most populous city in the desert with 84,000 residents. Indio has become known both locally and across the nation as the “City of Festivals” with annual concerts and fairs breaking new attendance records every year. To keep up with the growing population, in the last six years alone, the city of Indio has invested more than $100 million in infrastructure including paved roadways, landscaping, and upgraded water & sewer treatment plants.
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. La Quinta has a large winter/spring seasonal population that has rapidly grown over the past few decades. In 2016, La Quinta was home to over 38,489 residents, representing a 62 percent increase from its 2000 census population. La Quinta is one of the most affluent cities in the Coachella Valley with an average household income of $104,281. The city is also home to more than twenty prestigious golf courses including Silver Rock Resort which is an Arnold Palmer Classic Course, and has hosted the world-famous PGA tour. One of the most popular resorts in the area is the La Quinta Resort and Club operated by Waldorf Astoria situated at the base of the beautiful Santa Rosa Mountains. Homebuyers flock to La Quinta for its resort-like atmosphere, world-class golf, thriving arts community, countless hiking trails, charming boutique shops & restaurants…. and most of all, the scenic beauty of La Quinta.
T H E H O F F M A N C O M P A N Y E X C L U S I V E O F F E R I N G
COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T (760) 969-7357
BROKER CONTAC T
Entry Gate Product Rear Yard PoolNearby New HomeSold at Stonefield Estates ($1.2M)
Erik ChristiansonCA BRE #01475105C (949) 910-7337 | T (949) [email protected]
PROPERT Y DETAILS
MARKET Coachella ValleyLOCATION Indio (Southwest), California [Adjacent to City of La Quinta]INTERSECTION Northwest Corner of Madison Street & Avenue 50 (East of Jefferson Street ½ Mile).AREA LANDMARKS Near Mountain View Country Club La Quinta (Toll Brothers Sold Out). Near the Polo Grounds & La Quinta Resort.PROPERTY SIZE 10± Acres LOT COUNT 16 Single Family Detached LotsLOT SIZE ½ Acre Min. Lot Sizes (up to 33,977 sq. ft.)ENTITLEMENTS Recorded Final Map ZONING R-L-2 Very Low Density Residential (2 DU/Acre)SITE CONDITION Rough Graded Lots & Streets Cut.OFFER DEADLINE Offers to be considered as submitted.OFFERING MEMORANDUM Request from Broker
PALM SPRINGS
COACHELLA & STAGECOACH FESTIVALS @ EMPIRE POLO CLUB
MADISON ST
CITY OF INDIO
CITY OF LA QUINTA DESERT RIVER ESTATES
50TH AVENUE
SOLD OUT 2017
RE-SALES $750K - $1.8M
ACTIVE
$835K - $1.2M
ACTIVE
$750K - $1.3M
Indio Home Price Last 12 Months (re-sale + new): 3.4%La Quinta Home Price Last12 Months (re-sale + new):
S o u r c e s : US C e n s u s B u r e a u, N A R , D a t a q u i c k
La Quinta AverageHousehold Income:
8.0%$104,281
INDIO & LA QUINTA QUICK FACTS
stonefield estates
SOUTHWEST INDIO, CA (ADJACENT TO LA QUINTA)16 LUXURY IMPROVED HALF ACRE ESTATE LOTSCOACHELLA VALLEY, CA
IMPROVED HALF ACRE LOTS WITH RECORDED FINAL MAP | SUBJECT 16 LOTS BEST IN THE COMMUNITY WITH MOUNTAIN VIEWSADJACENT/NEARBY NEW HOME PROJECTS NEARLY SOLD OUT – RECENT HOME CLOSINGS FROM $750K-$1.3MEASY ACCESS TO HIGHWAY 111 | NEAR SHOPPING, GOLF COURSES, POLO GROUNDS & RESORTS
