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Build 4 homes as the city will allow for units! Incredible opportunity for this over-sized one of a kind lot in central Palm Desert. Zoned W2 which allows 60% lot coverage & you can Subdivide into 4 lots which comes out to $62,500 per lot. A single family home could be 10,257 sqft. Perfect for owner builder or investor(s) looking to develop for cash flow, investor to build and sale and please know that the City of Palm Desert would be open to subdividing the lot. The City of Palm Desert just re-zoned a certain section of Palm Desert and this lot was part of it and it was rezoned to allow 4 homes with a max of 60% lot coverage.
Listing agent: Mitchell Matthews DRE #01930882 webuyhouses@live.com, Listing office: RE/MAX Consultants
MLS data updated 10/22/2026, 3:36:10 PM PT
Source: CRMLS, MLS #: 218019220DA
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 7, 2019
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92260 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.