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This exceptional 5.2-acre parcel is being offered at land value only, presenting a rare investment and development opportunity in the heart of Indio. The property offers multiple possibilities -- from building multi-family residences to creating a few large estate homes. Subdivision may also be possible, giving flexibility for a wide range of projects.Ideally located just minutes from the world-famous Coachella and Stagecoach music festival grounds, the Indian Wells Tennis Garden, and championship golf courses, this land benefits from high demand for both seasonal and year-round housing. Nearby shopping centers, dining, and entertainment add to the convenience and lifestyle appeal.Indio continues to be one of the fastest-growing cities in the Coachella Valley, making this property an attractive opportunity for developers, investors, or those looking to build a private desert retreat.
Listing agent: Shanshan Lin DRE #01900299 shanshan.lin@compass.com, Listing office: COMPASS
MLS data updated 10/27/2026, 4:54:47 PM PT
Source: CRMLS, MLS #: P1-24239
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 23, 2025
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
$2,150,000Original asking price · Sep 23, 2025ZIP 92201 · Sep 2025
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.