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71246 Lot Cypress Lane, Rancho Mirage, CA 92270

Property

71246 Lot Cypress Lane, Rancho Mirage, CA 92270 Sold June 2023 CRMLS
$1,575,000Sold June 2023

Listing Agent: Scott Timberlake (DRE #01257645) · Listing Office: Realty Trust · Contact: (760) 327-8000 · Bought with: Doug Balog · Compass · MLS #219093907PS · Source: CRMLS

0
Bathrooms
104,980 sqft
Lot Size
Property
Type
Desert, Mountains
View

About this property

Exceptional 2.41 Acre Estate size Lot (s) with amazing views all around it. Large flag lot, Driveway and gate are in place. This expansive parcel is located in a well developed high end neighborhood offering homes for sale on smaller lots for $5M and more. This development offers a variety of options that can be adapted to suit a wide range of purposes. Property is zoned for low density RL2 (2 Units per Acre) and can accomodate with city review and approval 1-4 homes . The center is beautifully surrounded by an abundance of well established, mature Date Palms. This building opportunity is perfectly situated to capture the serene mountain views. Set back from the street (Flag Lot) , the privacy is excellent and the sought after location (mostly fully developed with high end residences)) provides easy access to golf courses, schools, retail , shopping , casual and renowned restaurants, healthcare, and the I 10 freeway. Many recently permitted estates in the area provide a wide variety of options. Hugh Kaptur, Mid-Century Modern Architect , recently designed a 3,500 sf home to compliment the site that can be made available with the famed architects approval and consent His plan can be expanded and modified in many ways. In street connections for Gas, Electric, sewer and Water with city/metered equipment. SELLER FINANCING AVAILABLE TO QUALIFIED BUYERS. Seller to retain approximately 3,520 sf in front of the lot for private driveway access.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,575,000
Sold June 2023 · listed $1,600,000, on market April 2023 · MLS #219093907PS · Source: CRMLS
Listing Agent: Scott Timberlake · Listing Office: Realty Trust · Contact: (760) 327-8000 · Bought with: Doug Balog · Compass
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