15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs.Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.Located on site of the former Gas Company building set to be sold separately or as a packaged deal.
Lot/land
Listed by: Compass • Ryan Bragg
$3,250,000
211 N Sunrise Way, Palm Springs, CA 92262
--beds
--baths
1.37Acres
Unimproved Land
Built in ----
1.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 140 days |
- 89 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Bragg DRE #02023459 760-641-4877,
Compass
Source: CRMLS,MLS#: 219144637PS
Originating MLS: California Desert AOR & Palm Springs AOR
Originating MLS: California Desert AOR & Palm Springs AORFacts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.37 Acres
Details
- Parcel number: 508070016
- Zoning: M-R
- Special conditions: Standard
Community & HOA
Community
- Subdivision: Central Palm Springs
Location
- Region: Palm Springs
Financial & listing details
- Date on market: 3/11/2026
- Listing terms: Cash to New Loan,1031 Exchange,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
$3,614/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Price change | $3,250,000+3.2% |
Source:  CDAR/ Desert Area MLS #219144637 Report a problem | ||
| 3/11/2026 | Listed for sale | $3,150,000-1.6% |
Source:  Greater Palm Springs Realtors #219144600 Report a problem | ||
| 1/1/2026 | Listing removed | $3,200,000 |
Source: Greater Palm Springs Realtors #219127278 Report a problem | ||
| 3/27/2025 | Listed for sale | $3,200,000+18.5% |
Source: Greater Palm Springs Realtors #219127278 Report a problem | ||
| 9/2/2021 | Listing removed | -- |
Source: CDAR/ Desert Area MLS Report a problem | ||
| 4/23/2021 | Listed for sale | $2,700,000 |
Source: CDAR/ Desert Area MLS #219057197 Report a problem | ||
| 3/23/2021 | Pending sale | $2,700,000 |
Source: CDAR/ Desert Area MLS #219057197 Report a problem | ||
| 3/16/2021 | Listing removed | -- |
Source: CDAR/ Desert Area MLS Report a problem | ||
| 2/11/2021 | Listed for sale | $2,700,000 |
Source: Real Brokerage Technologies #219057197 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Katherine Finchy Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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