MLS® ID: SR19108529
1000 Palm Canyon Drive
Borrego Springs, California, 92004 $349,000
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 California’s 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 today’s 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.