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Lot/land
  • Listed by: Black Label Real Estate Group • Neil Curry
    $3,950,000

    2700 Alejo Rd, Palm Springs, CA 92262

    --beds
    --baths
    2.53Acres
    Unimproved Land
    Built in ----
    2.53 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Oversized fee-simple homesites
    Pueo Palm Springs offers a rare opportunity to acquire a fully entitled luxury residential development in the heart of Palm Springs. This boutique community consists of eight detached single-family residences on expansive 13,000+ SF fee simple lots (no land lease), each designed as a 2,927 SF single-level modern home with 3 bedrooms and 4 bathrooms, plus an optional 780 SF ADU featuring 1 bedroom and 1 bathroom.The contemporary architectural design maximizes indoor-outdoor living while capturing spectacular panoramic mountain views from every homesite. Located in a premier central Palm Springs neighborhood of Sunmor, the project is just minutes from downtown shopping, dining, entertainment, golf, and all the amenities that define the Palm Springs lifestyle.A significant development milestone has already been achieved. The project has completed the entitlement process and received approvals from the City of Palm Springs Planning, and Architectural Review Committee (ARC). Tentative Tract Map (TTM) No. 38049 has been approved pursuant to Resolution No. 1074, subject to the City's Conditions of Approval, substantially reducing entitlement risk and shortening the development timeline.Development opportunities of this size and quality are increasingly rare in Palm Springs. With only eight luxury residences, oversized fee-simple homesites, approved modern architecture, and a fully entitled subdivision in one of the city's most desirable locations, Pueo Palm Springs presents an exceptional opportunity for developers, builders, or investors seeking a premier luxury residential project.
    6 days
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    74
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Neil Curry DRE #01863952 760-285-2349,

    Black Label Real Estate Group,

    Thomas Eitzinger DRE #02010707 808-758-1632,

    Black Label Real Estate Group

    Source: CRMLS,MLS#: 219150744PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

      Facts & features

      Interior

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 2.53 Acres
      • Features: 6-10 Units/Acre
      Details
      • Additional parcels included: 507380030507380031507380032507380033507380034507380035570380036
      • Parcel number: 507380029
      • Zoning: R-1
      • Special conditions: Standard

      Community & HOA

      Community
      • Subdivision: Sunmor
      Location
      • Region: Palm Springs

      Financial & listing details

      • Date on market: 7/27/2026
      • Listing terms: Cash to New Loan,Conventional,1031 Exchange
      • Inclusions: Approved TTM 38049, 8 Home Subdivision, Resolution 1074, subject to Conditions of Approval. Geotechnical Report, Precise Grading Plans, Street Improvement Plans, Structural Design Calc Report Structural, Architectural, MEP & Title 24, Water Plans.
      • Exclusions: SIA Bonds

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,759/mo

        Price history

        DateEventPrice
        7/27/2026Listed for sale$3,950,000+163.3%
        Source: CRMLS #219150744PS Report a problem
        8/16/2024Sold$1,500,000-11.7%
        Source: CRMLS #219105026PS Report a problem
        2/28/2024Contingent$1,699,000
        Source: CRMLS #219105026PS Report a problem
        1/9/2024Price change$1,699,000-2.9%
        Source: CRMLS #219105026PS Report a problem
        4/12/2023Listed for sale$1,750,000+250.7%
        Source: Greater Palm Springs Realtors #219093526 Report a problem
        3/11/2023Listing removed--
        Source: Greater Palm Springs Realtors Report a problem
        3/3/2023Listed for sale$499,000-77.8%
        Source: Greater Palm Springs Realtors #219088949 Report a problem
        2/22/2023Listing removed--
        Source: Greater Palm Springs Realtors Report a problem
        2/22/2023Price change$2,250,000+350.9%
        Source: Greater Palm Springs Realtors Report a problem
        2/6/2023Price change$499,000-80%
        Source: Greater Palm Springs Realtors #219088949 Report a problem
        1/28/2023Price change$2,500,000+354.5%
        Source: Greater Palm Springs Realtors #219083480 Report a problem
        1/3/2023Price change$550,000-78%
        Source: Greater Palm Springs Realtors #219088831 Report a problem
        10/6/2022Price change$2,500,000-9.1%
        Source: Greater Palm Springs Realtors #219083480 Report a problem
        9/15/2022Price change$2,750,000+359.1%
        Source: Greater Palm Springs Realtors #219083480 Report a problem
        7/23/2022Price change$599,000-14.3%
        Source: Greater Palm Springs Realtors #219078967 Report a problem
        6/15/2022Price change$699,000-6.8%
        Source: Greater Palm Springs Realtors #219078967 Report a problem
        5/19/2022Listed for sale$750,000
        Source: Greater Palm Springs Realtors #219078967 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92262

        Getting around

        33 / 100
        Car-Dependent
        28 / 100
        Some Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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