Shovel ready in ~ 6 months +/ | 20 year development agreement | new markets tax credit zone. Located in the heart of desert hot springs "the spa city" this rare 25 acre site is one of the most advanced entitled development opportunities available in the coachella valley. Perfectly positioned for a luxury gated condominium community featuring ultra premium resort style amenities. Key highlights: fully entitled for a gated condominium community, 20 year development agreement in place, (nmtc) zone, steps to shopping, and everyday conveniences. Cooperative, developer friendly planning & building department. Extensive due diligence & entitlements completed: seller has invested heavily in de risking the project with the following already completed:phase i environmental report, acoustical site assessment & structural acoustical, general biological assessment, jurisdictional delineation, paleontological resources assessment, ceqa mitigated negative declaration (mnd), phase i cultural resources focused species presence/absence surveys, addendum to environmental assessment, hydrology studies, feasibility study, appraisal & proforma, tentative tract map & cup site map, open space, parking & photometrics calculations, full conceptual design package (elevations a/b/c, community building elevations, unit plans, site plan) carport design & solar plan, complete landscape architecture (landscape plan, plant image board, wall plan) amenities plan, tentative community start finish schedule, executive summary, arts in public places plan, plus all supporting studies. Additional turn key advantages: in house real estate broker for on site pre sales, in house lender, attorney for hoas, full consultant team on board. Bring your general contractor and claim your reserved parking space plaque! This is a true turn key opportunity all the heavy lifting is done. Now it's time to build. Contact exclusive agent for full due diligence package & further details.