59705 Avenida El Encino

Investment Opportunity in Chapman Ranchos: Rare 2.36-Acre Property with Exceptional Potential Don't miss out on this rare investment opportunity--2.36 acres of prime land in the coveted Chapman Ranchos. This property offers a unique blend of rural tranquility and proximity to Southern California's most prestigious attractions. Ideal for building your dream home or a lucrative rental property, this land is set in a region that continues to grow in value.The seller has taken key steps to prepare the property, including a comprehensive survey completed in 2022, ensuring clear and accurate land boundaries. Included are two 5,000-gallon water tanks, strategically placed with hose bibs at various points across the property, providing easy water access. Additionally, the property features underground electrical infrastructure, making it ready for immediate development. A 10 x 10 storage unit is also present, that does not require a permit based on the square footage. A standout feature of this property is the absence of an HOA. Enjoy four distinct seasons while being just a 15 min drive from South Palm Desert's world-class golf resorts, the renowned Coachella Festival, the BNP Paribas Open in Indian Wells, & a variety of equestrian events. Nearby, El Paseo offers luxury shopping and 5-star dining.As the region continues to develop, properties like this are increasingly rare, making it a valuable investment.