$995,000

Amazing development opportunity - Half-acre lot (fee land, no lease) in the coveted Araby neighborhood of south Palm Springs. Build an ALREADY-PERMITTED home on this flat, square lot -- or-- if you're looking for a multi-home development opportunity, this large lot can be subdivided into two approx. 13,000-sq.ft. parcels (in compliance with SB-9, buyer to verify). Anza Trail is a unique street near Smoketree Ranch that is reminiscent of old Palm Springs - quietly tucked away, yet just walking distance to Smoketree Commons. Current lot is perfect for a large residence with a SW-facing pool and sweeping views. Included are permitted plans for a striking 3,170 sq.ft. 3bd/3ba contemporary home with a detached 650+ sq.ft. casita and 3-car garage. These sophisticated architectural plans represent several years of planning and city review, and a significant investment by the current owner. Construction has not commenced, allowing you to further customize the home. This is a unique opportunity to build a large custom home -- or subdivide and develop two homes. You won't find another property like this in such a desirable location in Palm Springs. A fire hydrant and water meter have been installed, and a temporary power pole for construction is ready to be activated upon inspection.