CA > Cathedral City > Cathedral City Cove
Cathedral City, CA 92234,68537 Grove ST
Cathedral City, CA 92234,68537 Grove ST
Cathedral City, CA 92234,68537 Grove ST
Cathedral City, CA 92234,68537 Grove ST
Cathedral City, CA 92234,68537 Grove ST
Cathedral City, CA 92234,68537 Grove ST
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 1,625,000
Est. payment | /mo

0.72 Acres Lot

Save
$ 1,625,000
Est. payment | /mo
Save

0.72 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Cathedral City Cove

MLS Listing ID 219139423DA

HOA Y/N Yes

Lot Size 0.720 Acres

Property Description

Outstanding vacant land development opportunity in the booming core of Cathedral City. This assemblage of five contiguous APNs, intended to be merged into a single parcel, offers an ideal site for a future 15-unit apartment project. Professional design plans and concept renders for the proposed building are included, providing a clear vision of the development potential and placing the project near ready for submittal to the Planning Department. Located within a designated Opportunity Zone, the property offers significant tax-advantaged investment benefits. The site is directly adjacent to The Jasper, a brand-new Class A development now under construction, and is just moments from the sought-after Cathedral City Cove community and the revitalized, fast-growing downtown district featuring new restaurants, retail, and entertainment. With excellent proximity to Highway 111 and major employment centers, this parcel delivers outstanding visibility, strong fundamentals, and exceptional long-term upside. This is a rare chance to build in one of booming Cat City's most active and desirable growth corridors.

Location

State CA

County Riverside

Area 336 - Cathedral City South

Interior

Fireplace No

Exterior

View Y/N Yes

View Mountain(s), Panoramic

Building

Sewer Unknown

Others

Senior Community No

Tax ID 687197004

Acceptable Financing Cash to New Loan, Contract, 1031 Exchange

Listing Terms Cash to New Loan, Contract, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Ethan Mezrahi Real Brokerage Technologies

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