9 months on rocket

Backup Offers

2700 Alejo Rd, Palm Springs, CA, 92262

$1,699,000

2.53 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #219105026PS
Lot Size2.53 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2700 Alejo Rd

Now offering for sale the rare opportunity to develop eight custom homes on fee land in the Sumnor neighborhood of Palm Springs where short-term rentals are allowed. This 2.53 acre parcel of land recently went through the complete entitlement process with The City of Palm Springs to change the zoning from industrial to residential, allowing for eight individual residential parcels. This parcel has an approved tentative tract map, with the final approved tract map, civil plans, and onsite bids in process. Don't miss out on your chance on this unique development opportunity in the thriving Palm Springs market!

Property Details

Property Features

Listing Office:

  • Office Name: The Firm Brokerage
  • Office Phone: (760) 408-8874
  • Listing Agent: Adam Gilbert

Lot Features

Lot Information:

  • Lot Size: 2.53 Acres

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Katherine Finchy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: -

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

Med. Sold Price

$649.9K

Med. Price/SqFt

$426

Avg. Days On Market

56

# of Sold Homes

170

2700 Alejo Rd vs Palm Springs

282 DAYS ON ROCKET

+226 Days

$1,699,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219105026PS

Listing Office:

  • Office Name: The Firm Brokerage
  • Office Phone: (760) 408-8874
  • Listing Agent: Adam Gilbert

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 6:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3668613
5
/10
  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 1.32 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3668614
4
/10
  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 1.46 miles

  • Public District Grades 6-8

High School

school-card-donut-3668615
7
/10
  • Palm Springs High School

  • 2401 E Baristo Rd

  • 0.79 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,188. Typical income of Palm Springs, CA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2700 Alejo Rd

What is the listing price of this property?

The listing price of 2700 Alejo Rd property is $1,699,000.

What type of property is this?

The property 2700 Alejo Rd is land located in Palm Springs, California, 92262.

Is this property for sale now?

Accepting Backup Offers: 2700 Alejo Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2700 Alejo Rd are:
Katherine Finchy Elementary School: GreatSchools Rating 5/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 7/10

How much acreage is this property?

The property 2700 Alejo Rd is 2.53 acres.
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Rocket HomesCaliforniaRiverside CountyPalm Springs922622700 Alejo Rd

This home is located at 2700 Alejo Rd in Palm Springs, CA and zip code 92262 in the Palm Springs International Airport neighborhood. This home sits on a 2.53 acre lot. It has been listed on Rocket Homes since August 10, 2023 and is currently priced at $1,699,000.

While more than 17 listings in Palm Springs, CA in April 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 123 were sold below. The inventory of homes for sale in Palm Springs, CA between March 2024 and April 2024 increased by 10.8%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $649,950.

From Rocket Homes Real Estate and based on county public records data.

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