Sold
Rancho Mirage, CA
40315 Cholla Lane
Ending Price
$16,000,000
LIVE AUCTION - Starting BID PRICE for this LOT is $499,900 - DEAL OF THE DECADE! Attention Real Estate Developers, this lot (34,394 sq. ft.) is zoned RS-2 by the city of Anaheim which means it has the capacity to hold at least 5 homes on this ONE LOT. The current home at this location will NOT be considered as value. The TRUE value is in the LOT which the highest and best use is to create multiple homes. (See community next door) Home is being sold through a transparent, non-distressed, auction process. Bidders MUST REGISTER 3 days PRIOR to the Auction date to be considered. Auction date will be March 3rd at the location of the lot at 1pm. Seller has the right to ACCEPT and/or REJECT any offers PRIOR to the auction date. Call Listing Agent for additional details. Don't miss out on this opportunity to purchase a great lot in a developing area and create cash flow & equity in one fell swoop.