For sale · Active

83743 58th Ave

Thermal, CA 92274

$1,400,000
Lot size19.8 acres
Property typeLand
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Listing broker / agent: The Beverly Hills Estates · Stephen Apelian · CRMLS

MLS # 26649417 · Last checked Oct 19, 2026 17:36 UTC

About this property

Welcome to a rare agricultural and investment opportunity in the heart of Thermal, California. Spanning almost 20 acres, this cleared and well maintained property has been used as an event venue for Coachella and Stagecoach, among other events. The property is supported by its own brand new private well and receives Coachella Valley Water. Perfectly positioned for future growth, the property sits within a designated Opportunity Zone, making it ideal for investors seeking significant tax advantages alongside potential interim income. Just minutes away are some of the region's most iconic destinations, including the Coachella Valley Music and Arts Festival, the world-renowned Empire Polo Club, and luxury communities such as The Madison Club. High-profile estates and venues like Zenyara, Cavallo Ranch, and the acclaimed Desert International Horse Park are all close by, as is convenient access to Jacqueline Cochran Regional Airport. With its prime location, strong future investment potential, valuable water resources, and development-friendly zoning, this represents an exceptional opportunity for farming, investment, or future vision. Perfect for operators, investors, or those seeking a strategic landholding near the Coachella Valley's most desirable destinations. Adjoining 30 acres is also available and Seller would prefer to sell both properties together.

Property details

MLS number
26649417
Status
Active
Type
Land
Lot size
19.8 acres
County
Riverside
More property detailsExpandCollapse

Listing

Days on market
228

Bathrooms

Full bathrooms
0
Half bathrooms
0
Three-quarter bathrooms
0
Quarter bathrooms
0

Exterior & parking

Total parking spaces
0
Lot features
Agricultural, Corners Marked, Ranch
Lot size source
Assessor
Property outlook
Hills, Mountains, Orchard, Panoramic

Utilities & community

Water
Other, Well

Fees & lease terms

Association
No
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Coachella Valley High (school website, opens in a new tab) Coachella Valley Unified · Thermal 9–12 1.3 mi
Westside Elementary (school website, opens in a new tab) Coachella Valley Unified · Thermal K–6 1.9 mi
NOVA Academy - Coachella (school website, opens in a new tab) Coachella Valley Unified · Coachella 9–12 3.0 mi
Peter Pendleton Elementary (school website, opens in a new tab) Coachella Valley Unified · Coachella K–6 3.1 mi
Valley View Elementary (school website, opens in a new tab) Coachella Valley Unified · Coachella K–6 3.2 mi
Cahuilla Desert Academy Junior High (school website, opens in a new tab) Coachella Valley Unified · Coachella 7–8 3.3 mi
Coral Mountain Academy (school website, opens in a new tab) Coachella Valley Unified · Coachella K–6 3.5 mi
La Familia Continuation High (school website, opens in a new tab) Coachella Valley Unified · Thermal 10–12 3.6 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,400,000
MLS-reported original asking price
$1,600,000
MLS-reported previous asking price
$1,600,000
MLS-reported last price change
2026-09-25 04:51 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 08:41$1,400,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Thermal

Active residential homes for sale in Thermal, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings12Current authorized inventory
Median asking price$3,325,00012 listings with a valid price
Median asking price / sq ft$239.462 listings with confirmed sq ft
Median days on market17.512 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction1
Listings with an increase0

1 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 17:42 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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