Peterson Road, Rancho Mirage

$5,500,000

0 Beds
0 Baths
0 Sqft
20.05 Acres
0 Garages

Peterson Ranch'' is a rare sizable 20 Acre prime vacant land property located in the affluent area of South Rancho Mirage with close westerly views of the San Jacinto Mountain Range. The property is one of the last infill vacant land holdings remaining in the southern area of Rancho Mirage. This particular submarket generally appeals to weekend desert dwellers, 2nd home buyers, well-established local residents, and equestrian horse owners from all over the globe. The site plan that was previously proposed for Peterson Ranch consisted of 17 one-acre luxury estate lots, with an equestrian trail and stable. It is anticipated the developer/builder for Peterson Ranch will process a sub division map that reflects the highest and best use of the property. The subject property utilizes convenient access from Hwy. 111, is near the Ritz Carlton, and is not far from several new home luxury projects selling from $1M-$3M. APN's:689-130-004, 005, 013, 014, 017, 018, & 689-140-022

Essential Information
MLS® #219023523
Price$5,500,000
Bathrooms0.00
Acres20.05
TypeLand
StatusActive
Community Information
AddressPeterson Road
Area321 - Rancho Mirage
SubdivisionNot Applicable
CityRancho Mirage
CountyRiverside
StateCA
Zip Code92270
Exterior
Lot Description873378
Additional Information
Days on Market71
Listing Details
AgentErik Christianson
OfficeThe Hoffman Company

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The information being provided by the California Desert Association of Realtors® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on November 13th, 2019 at 7:15am PST.

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