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Riverside 92260
71231 Cholla Way
$6,250,000
● Land - For Sale

71231 Cholla Way

Palm Desert, CA 92260
bedrooms
Studio
bathrooms
0 Bath
$30,689
Est. Monthly

About This Property

Located in the South Palm Desert area of Cahuilla Hills, this 25-acre site presents the opportunity too build a custom estate with unobstructed views of the desert mountainscape. Minutes away from the renowned El Paseo Shopping District, home to Gucci, Louis Vuitton, Saks Fifth Avenue, Mastro's Steakhouse, and more. Positioned amidst the scenic desert landscape, the property's secluded location offers optimum privacy and stellar mountain vistas. Surrounded by prestigious, exclusive communities such as Bighorn Golf Club, Ironwood Country Club, and The Reserve Club.
Unit Size
-
Days on Market
874 days
Land Size
25.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1957

Listed By

Susan Harvey
Desert Pacific Properties
Emily Harvey
Desert Pacific Properties

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Last updated: 5 months ago (CRMLS #219112212DA)

Price History

Date / Event Date Event Price
Oct 8, 2024 Relisted $6,250,000
Relisted
Oct 5, 2024 No longer available -
No longer available
May 30, 2024 Listed $6,250,000
Listed
Located in the South Palm Desert area of Cahuilla Hills, this 25-acre site presents the opportunity too build a custom estate with unobstructed views of the desert mountainscape. Minutes away from the renowned El Paseo Shopping District, home to Gucci, Louis Vuitton, Saks Fifth Avenue, Mastro's Steakhouse, and more. Positioned amidst the scenic desert landscape, the property's secluded location offers optimum privacy and stellar mountain vistas. Surrounded by prestigious, exclusive communities such as Bighorn Golf Club, Ironwood Country Club, and The Reserve Club.

Property Highlights

Exterior Details
Lot Size Area: 1089000
Lot Size Units: Square Feet
Lot Size Acres: 25
Lot Size Square Feet: 1089000
Utilities Details
Sewer : Other

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 474
  • Gross Building Area: 474
  • Building Area: 474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 474
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: 5.00 ACRES IN POR SW 1/4 OF SEC 36 T5S R5E FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045127

Zoning

  • Zoning: R110

Geography

  • Parcel: 628-380-004
  • Meridian: SEC 36 TWN 05S RNG 05E
  • Municipality: DESERT SANDS
  • Latitude: 33.6873
  • Longitude: -116.422

    Address

  • Full Address: 71231 Cholla Way
  • Address - House Number: 71231
  • Address - Street Name: Cholla
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palm Desert
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 474
  • Tax Year: 2023
  • Tax Amount: $476,238
  • Tax Rate Code Area: 075-149

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 692,767
  • High Value: 810,677
  • Low Value: 574,857

    Market Valuation

  • Market Total Value: $794,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,802
  • Assessed Land Value: $348,016
  • Assessed Improvements Value: $34,786

    Sales

  • Current Sale Contract Date: Mar 31, 2003
  • Current Sale Recording Date: May 16, 2003
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2003-357157
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Riverside


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Frequently Asked Questions

When was property at 71231 Cholla Way built and last sold?
The property at 71231 Cholla Way was built in 1957 and last sold on Mar 31, 2003 for $275,000.
How much is this home worth?
The estimated value of the home located at 71231 Cholla Way is $6,312,500.
What are some comparable homes to 71231 Cholla Way?
There are currently no comparable homes to 71231 Cholla Way.