211 Sunrise Way, Palm Springs, CA 92262

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Beds

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Baths

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Sq ft

About this home

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.

Type

Residential

Year built

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Lot

59,677 sq ft (1.37 ac)

Garage

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HOA

None

Pool

View

Mountain(s)

Solar

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Estimated payment

$20,496/mo

Principal & interest$16,434
Property tax (est.)$3,115
Home insurance (est.)$948

Down payment: 20% ($650,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Ryan Bragg, Compass. MLS# 219154195PS. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:29 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.