Rancho Mirage Lots

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1 Large Lots Approved TTM s 3 Separate Tracts Near Major Retail Exclusive Listing SITE Howard Hamlin howard@hamlingooding.com BRE#

2 Tract Summary: 100 lots total, between three tracts. 82 lots TTM APN , thru Lots TTM APN Lots TTM APN Access / Location: From I-10 exit Bob Hope Dr and head south. Turn left on Ginger Rogers Rd. and right on Via Josefina. The property is on both sides of Via Josefina at Via Florencia. Address: Via Josefina, Rancho Mirage, CA Lot Size: Entitlements: Average lot size between the three tracts is 14,771 with a minimum of 9,057 and a max. of 19,461 Approved Tentative Maps Final Engineering: None Jurisdiction: Schools: Documents: City of Rancho Mirage Palm Springs Unified School District

3 Cokeley Development Siena Vista Estates Built $1.15m - $1.2m Via Josefina Bob Hope Drive Del Webb Toll Brothers Estilo Built $1m - $1.29m Ginger Rodgers Road Toll Brothers Escala Built $860k - $1.14m Gerald Ford Drive

4 Tentative Tract No Tentative Tract No Tentative Tract No

5 Bob Hope Drive Tract Tract Tract Monterey Ave

6 Nearby Toll Brothers Sales

7 TRACT City of Rancho Mirage, CA Date: June 26, 2018 Net Acre TOTAL: 82 Gross Acres: SUMMARY CONSTRUCTION ITEMS AMOUNT $/DU ROUGH GRADING 576,074 7,025 SLOPE DRAINAGE - - EROSION CONTROL 247,138 3,014 SLOPE, PARKWAY, COMMON AREA LANDSCAPE & IRRIGATION 1,041,492 12,701 ENTRY MONUMENTATION & GATES 124,100 1,513 WALLS & FENCES 723,216 8,820 RETAINING WALLS - - DOMESTIC WATER IMPROVEMENTS 570,775 6,961 SEWER IMPROVEMENTS 590,585 7,202 STORM DRAIN SYSTEM IMPROVEMENTS 249,688 3,045 STREET IMPROVEMENTS 1,516,662 18,496 UTILITIES (Elec., Tel., Gas, CATV) 1,488,828 18,156 Sub-Total, CONSTRUCTION COSTS 7,128,557 86,934 10% CONTINGENCY 712,856 8,693. TOTAL, CONSTRUCTION COSTS 7,841,413 95,627 CONSULTING SERVICES CONSULTANTS 614,370 7,492 5% CONTINGENCY 30, Sub-Total, CONSULTING SERVICES 645,088 8,242 ASSESSMENTS, BONDS & FEES ASSESSMENTS / FEES, Final Map 269,522 3,287 BONDS 115,828 1,413 ASSESSMENTS / FEES, Paid w/building Permit 3,151,957 38,438 3,537,307 43,138 5% CONTINGENCY 176,865 2,157 TOTAL, ASSESSMENTS, FEES & BONDS 3,714,173 45,295 ESTIMATED REFUNDS & REIMBURSEMENTS ELECTRIC, TELEPHONE, CATV & GAS REFUNDS (174,291) (2,126) Total,"Tract 36620" 12,026, ,663 This Cost Estimate is the Exclusive Property of Meriwether Company and Shall Not be Used in Any Manner, Without Prior Written or Verbal Consent from Meriwether Company. Any Reuse of this Cost Estimate by Meriwether Company or Others, Shall be at Meriwether Company and/or Other's Sole Risk, and Without Liability to Savello & Assocaites Prepared By Savello & Associates 6/26/2018 Page 1 of 11 Prepared For: Meriwether Company

8 TRACT City of Rancho Mirage, CA Date: June 26, 2018 Net Acre 5.00 TOTAL: 9 Gross Acres: 5.00 SUMMARY CONSTRUCTION ITEMS AMOUNT $/DU ROUGH GRADING 98,095 10,899 SLOPE DRAINAGE - - EROSION CONTROL 32,868 3,652 SLOPE, PARKWAY, COMMON AREA LANDSCAPE & IRRIGATION 134,592 14,955 ENTRY MONUMENTATION & GATES 57,500 6,389 WALLS & FENCES 131,028 14,559 RETAINING WALLS - - DOMESTIC WATER IMPROVEMENTS 67,250 7,472 SEWER IMPROVEMENTS 119,431 13,270 STORM DRAIN SYSTEM IMPROVEMENTS 57,005 6,334 STREET IMPROVEMENTS 208,500 23,167 UTILITIES (Elec., Tel., Gas, CATV) 145,920 16,213 Sub-Total, CONSTRUCTION COSTS 1,052, ,910 10% CONTINGENCY 105,219 11,691. TOTAL, CONSTRUCTION COSTS 1,157, ,601 CONSULTING SERVICES CONSULTANTS 134,623 14,958 5% CONTINGENCY 6,731 1,496 Sub-Total, CONSULTING SERVICES 141,354 16,454 ASSESSMENTS, BONDS & FEES ASSESSMENTS / FEES, Final Map 50,150 5,572 BONDS 17,824 1,980 ASSESSMENTS / FEES, Paid w/building Permit 372,591 41, ,566 48,952 5% CONTINGENCY 22,028 2,448 TOTAL, ASSESSMENTS, FEES & BONDS 462,594 51,399 ESTIMATED REFUNDS & REIMBURSEMENTS ELECTRIC, TELEPHONE, CATV & GAS REFUNDS (19,130) (2,126) Total,"Tract 36621" 1,742, ,581 This Cost Estimate is the Exclusive Property of Meriwether Company and Shall Not be Used in Any Manner, Without Prior Written or Verbal Consent from Meriwether Company. Any Reuse of this Cost Estimate by Meriwether Company or Others, Shall be at Meriwether Company and/or Other's Sole Risk, and Without Liability to Savello & Assocaites Prepared By Savello & Associates 6/26/2018 Page 1 of 11 Prepared For: Meriwether Company

9 TRACT City of Rancho Mirage, CA Date: June 26, 2018 Net Acre 5.00 TOTAL: 9 Gross Acres: 5.00 SUMMARY CONSTRUCTION ITEMS AMOUNT $/DU ROUGH GRADING 93,264 10,363 SLOPE DRAINAGE - - EROSION CONTROL 32,868 3,652 SLOPE, PARKWAY, COMMON AREA LANDSCAPE & IRRIGATION 176,621 19,625 ENTRY MONUMENTATION & GATES 57,500 6,389 WALLS & FENCES 130,866 14,541 RETAINING WALLS - - DOMESTIC WATER IMPROVEMENTS 83,210 9,246 SEWER IMPROVEMENTS 46,096 5,122 STORM DRAIN SYSTEM IMPROVEMENTS 41,340 4,593 STREET IMPROVEMENTS 295,410 32,823 UTILITIES (Elec., Tel., Gas, CATV) 154,920 17,213 Sub-Total, CONSTRUCTION COSTS 1,112, ,566 10% CONTINGENCY 111,210 12,357. TOTAL, CONSTRUCTION COSTS 1,223, ,923 CONSULTING SERVICES CONSULTANTS 134,712 14,968 5% CONTINGENCY 6,736 1,497 Sub-Total, CONSULTING SERVICES 141,448 16,465 ASSESSMENTS, BONDS & FEES ASSESSMENTS / FEES, Final Map 54,151 6,017 BONDS 18,893 2,099 ASSESSMENTS / FEES, Paid w/building Permit 375,935 41, ,980 49,887 5% CONTINGENCY 22,449 2,494 TOTAL, ASSESSMENTS, FEES & BONDS 471,429 52,381 ESTIMATED REFUNDS & REIMBURSEMENTS ELECTRIC, TELEPHONE, CATV & GAS REFUNDS (19,130) (2,126) Total,"Tract 36622" 1,817, ,895 This Cost Estimate is the Exclusive Property of Meriwether Company and Shall Not be Used in Any Manner, Without Prior Written or Verbal Consent from Meriwether Company. Any Reuse of this Cost Estimate by Meriwether Company or Others, Shall be at Meriwether Company and/or Other's Sole Risk, and Without Liability to Savello & Assocaites Prepared By Savello & Associates 6/26/2018 Page 1 of 11 Prepared For: Meriwether Company

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