Among all luxury real estate along the Southern California coast, Newport Beach real estate, Laguna Beach, Newport Coast, and Corona del Mar is held in the highest regard. Newport Beach is central to the Orange County coastline featuring eye-catching breakwaters, multiple piers as well as beautiful Balboa Island and the Balboa Peninsula. Laguna Beach lies just south of Newport Beach and is renowned for its exclusive real estate overlooking the ocean on cliffs and hills. Newport Coast realty is the master-planned community located in the south of Newport Beach. Corona del Mar is another affluent beach city neighboring Newport Beach. Our esteemed team of real estate agents at HÔM Sotheby's International Realty proudly represent Newport Beach real estate, Southern California, and beyond.
To learn more about this listing or other, similar properties, please contact a HÔM Sotheby's International Realty agent: Palm Springs - Downtown Office 111 South Palm Canyon Drive
Palm Springs, California 92262
priced to sell! $6,999,000 with all studies or $6,499,000 land only. shovel ready 2017 - seller to update all reports and plans and reassign to buyer. Previously approved for: 27 two story apartment buildings (8 units each) 15 three story buildings (12 units each) 2 managers/owners residence, recreation villas. Apn: 656-030-005 10 acres, 656-030-o06 5 acres, 656-o-030-o-007-5 acres, 656-030-008 5 acres, total: 25 acres existing zoning: high dense (0-14 per acre) land use designation (general plan): med dense (8-14 per acre) zoning allows for a potential 350 low income apartments or 437 senior units. The project was approved for an increase of land usage due the city offering a 30% increase of density for senior living and an additional bonus for low income housing. Additional incentives for other types of housing. Offering of memorandum upon request.