Lot 2 Mallet Court, Indio, CA 92201

$550,000

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List Price
$550,000
Status
ACTIVE
MLS#
219147721
Lot Size
45,738
Days on Market
78
Property Type
Land
Neighborhood
Croquet

Property Description

Located beyond the impressive entry gates of Indio's intimate Croquet Court collection, this flat, buildable homesite spans more than one acre, providing ample room for the custom home that you have always dreamed of creating. Surrounded by upscale estates in a quiet setting with mountain views, the sprawling lot offers a prime position at the end of a cul-de-sac in the established neighborhood, which currently features 15 completed residences and just a few remaining homesites. There are no short-term rental restrictions at Croquet Court, and the HOA fees are only $500 per year. The Empire Polo Club, which hosts the annual Coachella Valley Music and Arts festival and the popular Stagecoach Festival, is just minutes away, providing a tremendous source of short-term rental income for the area. With the potential to generously accommodate a spacious, fully appointed custom home complete with a resort pool, spa, outdoor kitchen and more, the lot is embellished with one existing block wall, an established oleander hedge on two sides that enhances privacy, and views that will not be compromised by future development on the parcel to the west. A natural gas connection is available, a water well is possible for irrigation, and municipal water and septic are featured. Just off 49th Avenue, known as Indio's Golden Mile, Croquet Court is south of Highway 111 yet close to dining, golf, entertainment, Old Town La Quinta, casinos, major retailers and vibrant shopping centers.

Additional Information

Land Lease Type
Fee
HOA Fee
Yes
HOA
41
View
Mountain(s), Panoramic
Sewer
Unknown

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Calculator source: Real Geeks

Listing courtesy of Compass.