Coachella Valley’s most expensive homes. Let’s take a look at the top tier prices for our Coachella Valley cities. The real estate market is kind of stuck right now, but I do not see prices dropping. I do see sellers waiting to list their properties until the end of the year, and I see buyers being very firm with their offer prices. I think the high Interest rates have hit sales for sure, and I also think buyers and sellers are waiting to see what happens with the elections. The high end real estate market for America as reported by Realtor.com is very interesting! If you are looking to buy or sell in the near future, or just want a valuation of your property, give local resident/agent, Kim Kelly a call at 760-285-3578.
Coachella Valley’s Most Expensive Homes; city by city (per MLS)
La Quinta: We have two properties in La Quinta. The Merv Griffin Estate just came on at 36 million for 40 acres, 13 beds/12 bathrooms in 10,685 sf. Currently an event site, but it has beautiful barns, turnouts and Casitas. The top tier listing in La Quinta right now is at The Madison Club and listed at $39,500,000. 8 beds/14 baths, 2023 build of 17,000 + sf., and sitting on a 48,000 sf lot.
Indio: $5,000,000. Vacation rental property off of Ave. 49, this home is approx. 4350 sf with 8 beds/6 baths
Thermal: Located within the Thermal Club Motorsport Facility, and listed at $5,000,000 for 6900 sf residence.
Coachella: A 19 acre date farm with 1,000 trees, and a ranch style pool home listed at $3,600,000.
Indian Wells: Located in Toscana, this home is 9872 sf on a 31,000 + sf lot and priced at $13,495,000.
Palm Desert: Bighorn takes the honor with this 12,925 sf Moroccan themed estate on a 38,000 sf lot $17,850,000
Cathedral City: Located in Cathedral City Cove is this 5,087 sf home listed at $1,995,000
Palm Springs: The former estate of Suzanne Somers on 28 acres in The Mesa at 7280 sf for $8,950,000.
Joshua Tree: Located on 2.5 acres in the Joshua Tree Highlands, this remodeled 1951 home has 4 beds/7 baths and is listed at $2,750,000.
Take a tour of this gorgeous 76 acre farm that is available for $9,600,000. Sitting on the border of La Quinta and Vista Santa Rosa, what a killer development site!!