4733 DESERT KNOLL Avenue for sale in 29 Palms, California

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$550,000

Roadrunner Dunes is an operating 9 hole regulation length PGA golf course on approximately 51.13 acres within the city limits of 29 Palms. The property includes 11 tax parcels shaped as a links course in four distinct areas and surrounded by homes and residential lots. The 11 parcels are: 621-241-45, 47, 31, 29, 26, 82, 87, 86, 80, 58 and 621-334-11. Improvements include a clubhouse, driving range, putting green and equipment barn. A private well feeds the water features with possibly unlimited water from a subterranean aquifer. While the Coachella Valley boasts over 100 golf courses, the Morongo Basin, just 20 minutes north on Hwy 62, have only 3. One semi public 18 hole course on the 29 Palms Marine Base, one new 12 hole course in Yucca Valley (Eagles Landing, Formerly Blue Skies Country Club) and the Roadrunner Dunes. It is thought to be possible to expand the improvements to include lodging and meeting/conference facilities.

Seller will carry back 50% of the purchase price at a rate of 6% per year. Buyer can choose between interest only monthly, or more, for a term of 7 years or for 15 years fully amortized.

Details
Property Class: Commercial
Type: Specialty
Listing Status: Active
City: Twentynine Palms
Area: DC727 - Adobe
County: San Bernardino
State: CA
Property Sub Type Descr: Specialty
Living Area (SqFt): 3000 sq. ft.
Lot Size Area Sq Feet: 2227658.00
Lot Size Area Acres: 51.14000
Listing#: JT
Parcel Number: 0
List Date: 7/1/2015
Class: Commercial
Property Subtype: Specialty
Approx Lot Size: 51.140

Lot Desc: Access Road Paved, Access via City Streets, Cul-De-Sac, Landscaped, Lot Shape-Irregular, Lot-Level/Flat, Near Public Transit, On Golf Course, Pond on Lot, Sprinkler System
Utilities Water: District/Public, Private, See Remarks, Well
Present Use: Other
Utilities: 220V Other - See Remarks, Water Meter on Property
Road: Paved


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