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Thermal 92274
60584 Polk Street
$7,250,000
● Land - For Sale

60584 Polk Street

Thermal, CA 92274
bedrooms
Studio
bathrooms
0 Bath
$35,599
Est. Monthly

About This Property

If you're dreaming big, you gotta dream even bigger--because I've got the biggest opportunity in Thermal, CA! This is truly a once-in-a-lifetime chance to own 37.5 acres of prime land in one of the fastest-growing, most highly sought-after regions of the Coachella Valley.Situated right next to the world-famous Thermal Club, this location offers unmatched prestige and visibility. The Thermal Club is an exclusive, luxury motorsports facility known for its private racing circuits, multimillion-dollar villas, world-class clubhouse, fine dining, car condominiums, and celebrity-studded membership. Being neighbors with one of the most elite car-enthusiast communities in the world puts this property in a league of its own.Just one mile from the Thermal Airport, you're perfectly positioned where private jets carrying A-list celebrities land every year for the legendary Coachella Music Festival and Stagecoach Festival. This area explodes with global attention annually, making the investment potential here extraordinary.Even more exciting, you're only one mile from the upcoming Thermal Ranch development--a transformative 620-acre equestrian master-planned community featuring future homes, hotels, restaurants, boutique retail, and an expansive world-class horse park. Once complete, Thermal Ranch is expected to bring immense demand, growth, and value to the surrounding land.This 37.5-acre parcel is located in an OPPORTUNITY ZONE, offering significant long-term tax advantages for investors and developers. Zoned A-2 (Heavy Agriculture), the possibilities are endless--from agriculture to special events, equestrian uses, storage, ranching, or future development potential (buyer to verify).The property is fully equipped with utilities, including:✔ Multiple septic tanks✔ A private water well✔ Canal water access✔ Several mobile homes on site✔ Steel workshop buildingsWith flat topography, easy access, and infrastructure already in place, this land is ready for your vision--whether you're building, investing, or creating something completely new.Opportunities of this scale, in this location, simply don't come around twice. Dream bigger--this is your moment to own a landmark property in Thermal, CA.
Unit Size
-
Days on Market
331 days
Land Size
37.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Juan Martinez
Better Homes and Gardens Real Estate

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Last updated: 2 months ago (CRMLS #219139343DA)

Price History

Date / Event Date Event Price
Sep 14, 2026 Relisted $7,250,000
Relisted
Aug 11, 2026 In contract -
In contract
May 20, 2026 Price Decreased $7,250,000
↓ $750K (9.4%)
Price Decreased
Nov 29, 2025 Listed by Better Homes and Gardens Real Estate $8,000,000
Listed by Better Homes and Gardens Real Estate

Property Highlights

Exterior Details
Lot Features: Agricultural
Lot Size Area: 1638727
Lot Size Units: Square Feet
Lot Size Acres: 37.62
Lot Size Square Feet: 1638727
Water Source: Well
Utilities Details
Sewer : Septic Tank

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Thermal


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Frequently Asked Questions

When was property at 60584 Polk Street built and last sold?
The property at 60584 Polk Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 60584 Polk Street is $7,322,500.
What are some comparable homes to 60584 Polk Street?
There are currently no comparable homes to 60584 Polk Street.