54721 Monroe St, La Quinta, CA 92253

--beds

--baths

12.25Acres

Unimproved Land

Built in ----

12.25 Acres Lot

$2,922,700 Zestimate^®

$--/sqft

$-- HOA

What's special

An exceptional investment opportunity in one of Southern California's premier growth corridors, this versatile Coachella Valley parcel offers an unbeatable combination of immediate utility and high-yield development upside. An existing single-family residence is fully powered, allowing an investor or owner to comfortably occupy and generate interim rental cash flow, or land-bank for long-term appreciation with zero utility delay. For developers ready to break ground, the property features a pathway to deliver 34 homes under a Tentative Tract Map (TTM), supported by a comprehensive, master-planned solar micro-grid model designed to bypass current IID grid capacity constraints and ensure total energy independence. Priced at an entry point that leaves substantial margin on the table with rare residential scale in a rapidly appreciating desert market.

2 days
40
0

Facts & features

Property

Features

Has view: Yes
View description: Mountain(s)

Lot

Size: 12.25 Acres

Details

Parcel number: 780130005
Special conditions: Standard

Utilities & green energy

Utilities for property: Sewer Available

Community & HOA

Location

Region: La Quinta

Financial & listing details

Tax assessed value: $3,680,267
Date on market: 11/10/2026

Estimated market value

$2,922,700

$2.19M - $3.80M

$5,303/mo

Price history

Date	Event	Price
11/10/2026	Listed for sale	$6,995,000+366.6%
Source: CLAW #26107397 Report a problem
10/1/2025	Listing removed	$1,499,000
Source: Greater Palm Springs Realtors #219125923 Report a problem
3/5/2025	Price change	$1,499,000-80%
Source: Greater Palm Springs Realtors #219125923 Report a problem
1/9/2025	Listed for sale	$7,490,000
Source: CDAR/ Desert Area MLS #219122462 Report a problem
11/20/2024	Listing removed	$7,490,000
Source: Greater Palm Springs Realtors #219113666 Report a problem
7/1/2024	Listed for sale	$7,490,000-5.2%
Source: CDAR/ Desert Area MLS #219113666 Report a problem
6/22/2024	Listing removed	--
Source: Greater Palm Springs Realtors #219103876 Report a problem
2/27/2024	Price change	$7,900,000-6%
Source: Greater Palm Springs Realtors #219103876 Report a problem
12/8/2023	Listed for sale	$8,400,000+147.1%
Source: Greater Palm Springs Realtors #219103876 Report a problem
4/1/2022	Sold	$3,400,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$3,680,267 +2%
2025	$47,471 +1.3%	$3,608,106 +2%
2024	$46,848 +1%	$3,537,359 +2%
2023	$46,374 +264.3%	$3,468,000 +315.6%
2022	$12,729 +17.3%	$834,433 +2%
2021	$10,854 +1%	$818,073 +1%
2020	$10,742 +1.9%	$809,686 +2%
2019	$10,545 +2.2%	$793,811 +2%
2018	$10,322 +0%	$778,247 +2%
2017	$10,320	$762,988 +2%
2016	$10,320 +1.2%	$748,029 +1.5%
2015	$10,199	$736,795