16 Mihalyo Road Cathedral City, CA $ 1,288,000
16 Mihalyo Road
$ 1,288,000
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16 Mihalyo Road

Cathedral City, CA, 92240
$ 1,288,000
Baths0.0

Monthly Estimate*

$ 8,560

Listed by Re/Max One
16 Mihalyo Road, Cathedral City, CA 92240 - Image 1
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16 Mihalyo Road, Cathedral City, CA 92240 - Image 8
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16 Mihalyo Road, Cathedral City, CA 92240 - Image 13
Studio

Lots and Land for sale in Cathedral City, CA

for $1,288,000. The lot size is 5.

FIVE (5) ACRES, mountain and desert VIEWS, in CATHEDRAL CITY, Riverside County, Ca. Flat, rectangular lot is 338'+- on the West and East sides, 660'+- on the North and South. ZONING is MU-U (Mixed Use Urban) and COMMERCIAL. One of the last large lots conveniently located near Palm Drive, at the 111 FREEWAY EXIT. Corners consist of Arco and Chevron gas stations and a Jack in the Box restaurant. Desert Hot Springs, just to the Northwest has a huge cultivation zoning. Newly built Harborside Cannabis drive-thru, right on the other side of Palm Drive and several new amazing home tracts on the South side of the Freeway. This indicates the North Palm Springs/Desert Hot Springs/Cathedral City area is moving forward with commercial and residential growth. Large parcels will be at a premium and certainly retain investment values! Palm Drive is right between Indian Canyon Drive to the West and Date Palm Drive to the East, off the 111 Freeway. Head South on Palm Drive and it turns into the North Gene Autry Trail. This is the main road to Palm Springs International Airport, the Palm Springs Tramway, Palm Springs Art Museum and more. Shopping at the Sunrise Vista Chino Albertsons Center also available just East of the Airport. Palm Springs school district. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property. Great investment!

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Lots and Land Active

Price

$ 1,288,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

5

Town/City

Cathedral City

County/Region

Riverside

MLS | Web ID

LG22183104

Days on Market

621

Features
General
Sewer None
Utilities None SeeRemarks SewerNotAvailable WaterNotAvailable
Zoning MU-U
HOA 0.0
View Desert Mountains Neighborhood Panoramic
Community Features Biking Hiking Rural
County Riverside
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name North Cathedral City
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 10 Fwy North on Palm Drive East on Mihalyo Rd (North of Jack In The Box) follow dirt Rd to Northwest corner of lot.
City Cathedral City
Body of Water Coachella
Disclosures Incorporated
View Y/N Y
Senior Community Y/N N
Zoning Description Mixed Use Commercial
MLS Area 335 - Cathedral City North
Lot Size Units SquareFeet
Lot Size Square Feet 217800.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Mihalyo
Listing Terms Cash CashtoNewLoan Submit
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 421
Standard Status Active
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Exterior
Fencing None
Lot Features DesertBack DesertFront LotOver40000Sqft Level RectangularLot Secluded StreetLevel ValueInLand
Water Source None
Lot Size Area 217800.0
Spa N
Lot Dimensions 338 X 660
Lot Size Acres 5.0
Road Surface Type Unimproved
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Re/Max One

Broker

(949) 371-5569

Phone

Affordability Calculator

$8,560
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,560
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2022$1,288,000 Listed Price

Map


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16 Mihalyo Road, Cathedral City, CA, 92240 is a Lots and Land for sale at $1,288,000 with a lot size of 5. 16 Mihalyo Road is a studio with 0.0 baths. The property's zip code is 92240 which is in Cathedral City, CA