1000 Palm Canyon Drive
Borrego Springs, CA 92004

Description

Borrego Springs is an amazing peaceful location, about 2 hours outside of San Diego, and 1 1/2 hours from Palm Springs. The Borrego Springs atmosphere and energy is perfect for the new millennial first time home buyer. The area is completely surrounded by nature, set in the midst of Anza-Borrego Desert State Park, and is Californias first and only Dark Sky Community. Additionally, the Borrego Springs area has a long and colorful history of being a home to artist communities, creative types and nature lovers. The slower pace and small town feel is exactly what this generation, of first time home buyers is looking for. This development will allow todays buyer to follow their independent dreams as artists and entrepreneurs, in an affordable and naturally beautiful location. This is a forward thinking developer's opportunity to purchase a completed and recorded subdivision Tract Map 4470-1 (Final Map 12750), consisting of 95 single family residential lots and five recreational lots, on 30.9 acres at a discounted price. Furthermore, included in the sale price is an adjacent additional 49 acres of raw unentitled land. Home sale prices are averaging over $165 per sq. ft., and new developments are not readily approved in this pristine location. Now is the time to siege this opportunity, and build the millennial friendly housing development that this generation has been waiting for.

Details

MLS#SR19108529
Sub-TypeResale
StatusActive
Days On Site17

Features

ZoningR1
Acreage52.21
Property ViewYes

Market Activity 92004

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Area Information

StateCA
CountySan Diego
CityBorrego Springs
Zip Code92004
AreaBSPG - Borrego Springs
Listing VS Median (in 92004)
Price:
$349,000
low | high
Med:
$39,000
100% of Average
On Site:
17
low | high
Med:
75
22.666666666667% of Average
Listing Updated: 05/26/2019
MLS Number: SR19108529
Listing Provided By:
Zachary King  of  Keller Williams Realty Calabasas
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.