Fantastic opportunity for investor to build a brand-new home on an over-sized lot in the ever-popular Rio Vista neighborhood. Or for the individual looking to build your dream home with plenty of land to execute your vision. With nearly 8,500 square feet, just think what you could develop: 4BDs, 3BAs, pool & spa, 2- or 3-car garage, even RV parking! Surrounded by charming residences, pride of ownership is evident among neighbors. Best part? This site is roughly one block from Starbucks. According to Zillow, homes within 1/4 mile of a Starbucks rise faster in value than those that are not. The "Starbucks Effect" translates to a 96% rise in value as compared to 65% for all US homes. What's more, the contemporary Plaza Vista shops also includes a Stater Bros and variety of neighborhood services, in addition to the award-winning Rio Vista Elementary, a location just 3 blocks from the spectacular Desert Princess golf course, and Uptown and Downtown Palm Springs just 10 minutes away.

  • MLS# 18355146PS
  • Sub-Type Resale
  • Status Active
  • Days On Site 11
Zoning R1
Acreage 0.19
Property View Yes
Listing Provided By:
Jacquie Owens  of  Berkshire Hathaway HomeService
this listing $75,000
65.91%
$220,000 in 92234
this listing 11 on site
0.00%
11 on site in 92234

Location

State CA
County Riverside
City Cathedral City
Zip Code 92234
Area 335 - Cathedral City North

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