211 N Sunrise Way, Palm Springs, CA 92262
$3,250,000
Property Type:
Land
Lot Size (sq. ft.):
59,677
Status:
Active
Current Price:
$3,250,000
List Date:
3/11/2026
Last Modified:
5/12/2026
Description
15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs.
Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market.
Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs.
Located on site of the former Gas Company building set to be sold separately or as a packaged deal.
More Information MLS# 219144637
Listing, Location and Property Info
Entry Date: 2026-03-11
Land Type: Fee
General Property Information
Pool: No
Zoning: M-R
Lot Acres: 1.37
Lot Size: 59677
Lot Size Source: Assessor
Cross Streets: Sunrise and Andreas Rd
Tax Info
Tax Mello Roos: No
Property Info
View: Yes
Senior Community: No
Gated Community: No
Sale Type
Standard: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Cash to New Loan: 1
Owner May Carry: 1
View Type
Mountain(s): 1
Disclosures
Building Plans Available: 1
Sewer
On Site: 1
Public Hookup Available: 1
HOA Information
Association: No
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 508070016
Status: Active
Listing Date: 2026-03-11
Original List Price: 3250000
List Price: $3,250,000
Current Price: $3,250,000
Street #: 211
Street Direction: N
Street Name: Sunrise
Street Suffix: Way
County: Riverside
State: CA
Zip Code: 92262
Area: 332 - Palm Springs Central
Country: US
Status Change Info
Status Change Date: 2026-03-11
Property Features
Sale Type: Standard
Listing Terms: 1031 Exchange; Cash; Cash to New Loan; Owner May Carry
View Type: Mountain(s)
Disclosures: Building Plans Available
Sewer: On Site; Public Hookup Available
Land Lease Type: Fee Simple
Listing Office:
Compass
Listing Agent:
Ryan Bragg
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.