$20,000,000

Unique opportunity for investors and developers. In addition to an outright sale, Seller may consider a short-term partnership or other creative structure with the right qualified party. Open to mutually beneficial opportunities on anexceptional and truly rare opportunity to acquire an entitled residential parcel approved for 20 single-family homes, strategically positioned within the highly anticipated Travertine master-planned development in South La Quinta. After more than 25 years of planning, Travertine received full City of La Quinta approval in August 2024 making this the ideal moment to step in at the ground floor of one of the Coachella Valley's most significant master-planned communities. Spanning approximately 855 acres, the Travertine development is approved for up to 1,200 residences, a boutique resort hotel and spa, a world-class golf academy and training complex, resort villas, restaurants, banquet facilities, two community parks, over 5 miles of public trails, and more than 300 acres of permanently preserved natural open space. Nestled at the base of the Santa Rosa Mountains near Jefferson Street, with Loop Road West and Loop Road East planned as internal roads, this parcel offers breathtaking mountain views and direct access to all planned community amenities. Entitlements are fully secured under City Council Resolution No. 2024-034 eliminating re-approval risk and delivering immediate value to the buyer. Infrastructure is actively breaking ground, neighboring communities include Trilogy, Andalusia, and Coral Mountain, and resort development is underway. The window to acquire at pre-development pricing is closing.