72549 Clancy Lane, Rancho Mirage, CA 92270

$2,200,000

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Sold Price
$2,200,000
List Price
$2,300,000
Closing Date
Feb 28, 2024
Status
CLOSED
MLS#
219101434
Lot Size
162,479
Lot Location
Level, Rectangular Lot, Private
Days on Market
132
Property Type
Land
Neighborhood
Not Applicable

Property Description

Imagine a LIFESTYLE on one of the most prestigious streets in the Coachella Valley! A 3.73 Acre Private Estate OR potential Development site for a future Subdivision. HISTORY-mid-1920's a Michigan promoter acquired this agricultural field from the Southern Pacific Railway. In the early 1930's Santa Monica farmer Les Clancy, Clancy Lane's namesake, built a home and farmed grape, dates and grapefruits. October 1978, Clancy Lane Homeowners Association purchased the property from a private corporation. The Homeowner Association leased the property to a Facility Manager who provided members with a leading Equestrian Center, Boarding Stable, Bridle path and Horse Show Event facility. TODAY-private luxury gated Estates and Equestrian gated communities adjoin the property that border along Clancy Lane. Adding to the attraction of this Estate are the most scenic South and West views to the Santa Rosa and San Jacinto Mountain ranges. CURRENT-property site is vacant with a 25-stable barn, outdoor riding arena, paddocks and tennis courts. NEARBY-The River plaza and El Paseo Shopping District with Restaurants, Art Galleries, Movie and Live Theater, public Golf course, Living Desert Zoo, Casinos, Acrisure Arena-professional Ice Hockey/major Concerts, Indian Wells Tennis/BNP Paribas, access to #10 FWY and the Palm Springs Int'l Airport all for your ease of access to valley amenities and your entertainment pleasure.

Additional Information

Land Lease Type
Fee
Lot Description
Level, Rectangular Lot, Private
View
Mountain(s), Panoramic, Valley
Sewer
In, Connected and Paid
Water
In Street

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Listing courtesy of Compass. Selling Office: .