Luxury Sales in Coachella Valley: So everyone knows that real estate isn’t screaming right now, but how is the Luxury market holding up here in the Coachella Valley? We continue to see properties from the West city of Palm Springs to the East Valley city of La Quinta, priced at 3 million and above doing very well! Golf course communities are doing particularly well among residential sales, and there have been some large estate properties further East that are selling as well.
The Best selling Properties in Coachella Valley
- The Madison Club, La Quinta: This club has become the top seller in the valley, surpassing Bighorn, Eldorado and The Reserve, with 7 homes selling in the past 6 months. Prices ranged from approx 12 million for a 6432 sf home with 6 bed/7 ba to 16.5 million for a 9374 sf, 5 bed/6 bath home built in 2019. The HOA at The Madison is $1652/month. This private golf club is consistently the top seller.
- Toscana Country Club, Indian Wells: Toscana saw a jaw dropping sale at $11,375,000 for a 2013 built home of 9867 sf with 5 beds/7baths. HOA at Toscana is $750/month
- The Hideaway, La Quinta: Many people buy at Hideaway to try the desert golf scene, then sell and move up to The Madison, both developed by Discovery. Top sale at The Hideaway comes in at $11,300,000 for 8410 sf with 6 beds/8baths and built in 2021. HOA is $800/month
- Eldorado Country Club, Indian Wells: This private, by invitation only club is one of our originals. HOA is $597/month and their highest sale came in at $9,250,000 for a 5368 sf 4 bedroom/6bathroom 1973 build home remodeled in the contemporary style.
- Bighorn Golf Club, Palm Desert: Still a very popular golf club up Hwy 74 with down valley views. $8,995,000 was their top sale for 7471 sf, 5 beds/7baths home built in 2009.
- La Quinta Polo Estates, La Quinta: This small gated, non golf community is unique in that it offers 1-2 acre parcels and allows horses. HOA is $35 and there was a 9200 sf home with 6 beds/8 baths, built in 1991.
- Palm Springs, Old Las Palmas: No golf, but lots of history and a recent sale of 6.4 mil for a 4588 sf home, built in 2021 and offering 4 beds/5 baths.
- The Quarry, La Quinta: Beautiful golf club in the Eastern Coachella Valley with an HOA of $605/mo. Recently closed here for 6 mil was a beautiful contemporary built in 2001 with 8346 sf and 5 beds/7baths.
- PGA West, La Quinta: PGA encompasses approx 1200 acres and offers 6 golf courses, but there is one exclusive neighborhood called The Peninsula with an HOA of $1384/mo. This 2007 built, 7994 sf home featured 5 beds/7 baths and closed at 6 million.
Take a tour of this amazing offering. 35 acre private, luxury date production facility with 2 homes, just a mile or so from The Madison Club. Zoned commercial and medium density residential, offered at 8 million.
