Coachella Valley Land & Farm Recent Activity: Anything going on in the desert? Anybody still buying? Alot and Yes!! The Virus has definitely slowed us down as it has everybody. Less calls, less showings, and less numbers of buyers looking, and Sellers selling. Still..Farms, Equestrian properties, vacant land AND residential sales are continuing.
As every Equestrian and farm owner here in the Coachella Valley already knows, the HITS Thermal showgrounds was sold last year and is now called Desert Horse Park. The changing of the guards in the Equestrian show jumping is just one sign of the continuing growth in the Eastern Coachella Valley. Land is still fairly inexpensive compared to anywhere else in Southern California.
Three farms are in escrow over the past few months. We are having to re-negotiate land contracts sometimes due to the virus and it’s affects on the world. We are changing contracts from Cash to Seller Carry, and also extending closes..smart sellers are being flexible, but smart buyers can also see opportunity.
- 10 acre Equestrian farm with a 1992 custom pool home in Thermal. In escrow to seasonal Equestrian people.
- 37 acre Orchard in escrow to an L.A. family who will be building a custom family estate amongst the groves.
- 10 Acres of farm land in Thermal. Thenew buyer has future development plans.
Two large vacant land parcels on Avenue 50 have recently closed. Both had Tract maps on them and will probably be developed in the future. Check out this beautiful 77 acre farm on the border of La Quinta and Indio.