Coachella Valley Real Estate By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!
Contact Kimberley Today! Phone: 760-285-3578 Email: kjkpolo@gmail.com License # BRE01329387
Coachella Valley Properties By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!

Coachella Valley Real Estate - Homes for sale in Coachella Valley

It’s a buyers market now!

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It’s a buyers market now!

It’s a buyers market now!  Here in the Coachella Valley, like the real estate market pretty much everywhere, except the uber luxury market, is pretty much a buyers market at this point.  If you are looking to buy or sell in the Coachella Valley, give local agent (25 years), and resident (more), a call at 760-285-3578.

When I go on a listing appointment now, I really try to impress upon my potential sellers that the market has shifted to a buyers market.  If they aren’t quite motivated, and are sort of half in and half out when it comes to really SELLING, I suggest to them that they might want to hang on to their property.  Perhaps consider leasing it?  Maybe hold and hope that as we approach out season, prices will stabilize or even go up?  Really think about how badly you want to sell.  If a seller wants to sell, they will.

Get a local, experienced agent first off.  Go over ALL the comps.  Not just in your community, but the surrounding communities as well.  Imagine you are a buyer looking for a property similar to yours that you want to sell, what other areas would you be looking in?  Other communities?  Really understand ALL the similar homes/properties available to buyers right now.  Price your property accordingly, then be open to offers.  Do NOT refuse to counter.  Buyers are golden, and this is a buyers market. What does it hurt to counter back, no matter if their initial offer is too low.  Get over it.  Don’t be proud.  If you want to sell, list it correctly, get an agent that will WORK your property, and it will sell!

Take a tour of the BEST deal in the gated, low HOA, non golf course community of La Cantera in La Quinta.  51865 Via Bendita, offered partially furnished, highly upgraded at $1,175,000.

 

Just listed in La Cantera, La Quinta

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Entry gates to the intimate community of La Cantera in La Quinta

Just Listed in La Cantera, La Quinta. The deal of La Cantera in La Quinta, CA.  There are never many active listings in this intimate gated community of just 59 homes in a killer location.  The entry gates are just off of Avenue 52, West of the La Quinta Polo Estates and the famous Coachella Festival grounds.  Wide tree lined streets in this mature, peaceful community, with it’s Santa Barbara/Tuscan style homes designed by the award winning architect, Frank Stoltz.  If you are looking to buy or sell in the Coachella Valley, give local resident/agent, Kim Kelly a call at 760-285-3578.

There are only 2 homes currently for sale at La Cantera in La Quinta, and this beauty at 51865 Via Bendita is the deal of the community!  The homes in La Cantera are unique in style.  Built in 2005 and 2006, and designed by Frank Stoltz who is known for his unique take on residential details in his homes.  Mr. Stoltz is known for his valley introduction of the now commonly known sky deck, sometimes called a viewing deck.  He also is renowned for his use of arches.  Both interior and exterior, he uses his arches to frame and draw attention to…something.  It could be the next room, a bed alcove, an art niche, a soothing sitting area, and many times he changes the heights of the arches.  The arches create visually pleasing and interesting designs.

Santa Rosa – Plan 4 This particular home, the Santa Rosa, is approx 2929 sf, and features 2 bedrooms/2.5 bathrooms in the main home plus a large casita with a full bathroom, walk in closet and kitchenette.  Enter the arched wooden door to the interior courtyard with the Casita located under the sky deck which is accessed by tile steps.  The main home offers that indoor/outdoor flow with multiple french doors and sliders, a kitchen to living to dining space flow, the primary bedroom with it’s spa like bathroom, and ensuite guest room.  A very user friendly floorplan offered for just $1,175,000 partially furnished.  HOA is only $360/month.  Take a quick tour of 51865 Via Bendita, La Quinta. 

77440 Calle Ensenada, La Quinta

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77440 Calle Ensenada

77440 Calle Ensenada in the La Quinta Cove

77440 Calle Ensenada, La Quinta:  IN ESCROW.  I can still get you in to see this gorgeous custom Santa Fe style home in the La Quinta Cove.  We are in escrow, but seller will always entertain backup offers.  The La Quinta Cove is a non HOA community of approx 1200 single family homes located just south of old town La Quinta. If you are looking to buy or sell in the eastern Coachella Valley, give local resident/agent, Kim Kelly a call at 760-285-3578.

The La Quinta Cove is known for it’s fabulous mountain views as homeowners are encircled on 3 sides by the craggy mountains.  There are 4 trail heads accessible to owners and visitors as well as a 7+ mile bike riding loop around the cove.  Ride your golf cart into the nearby Old Town La Quinta for a slice at Stuft Pizza, or grab a quick drink at one of the many other restaurants.  Really cute stores, an art studio, corner coffee shop, optometrist, boutiques, just a great place to hang out.

This gorgeous home was built in 2002, is approx 2400 sf with 3 bedrooms and 2.5 bathrooms, sits on an over sized corner location, and has beautiful street presence.  Take the tour below.  Offered unfurnished for $874,500.

Buyers are golden!!

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Buyer are golden in the Coachella Valley!

Buyers are golden here in the Coachella Valley.

Buyers are golden.  Yes, I believe in climate change, and I also am seeing the climate change in regards to real estate here in the Coachella Valley.  Sellers are struggling to understand the changing climate, but if you have an interested buyer, don’t let them go.  Buyers are golden in this changing climate.  If you are looking to buy or sell in the Coachella valley, give me a call at 760-285-3578.

This aint 2022!  Forget about what your neighbor got for their house of the exact same floorplan, same view, same upgrades.  You’ll still sell your home, BUT, you will most likely get less money for it.  Remember Mr. Seller, it is also frustrating for your agent.  We are still marketing, we are still showing, we may even be delivering offers.  The sellers must not get stubborn or insulted.  Just be patient.  There will be a buyer, but you need to be flexible on the price/terms and you’re going to net less than you would have even a year ago.  Take a tour of this gorgeous custom home of approx. 2400 sf, 3 bed/2.5 bath santa fe style home on a corner lot in the La Quinta Cove.  Offered unfurnished for $874,500

 

Equestrian Estates; Fraud Alert

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Coachella Valley equestrian realtor

Equestrian Estate builders need to be qualified!

Equestrian Estates; Fraud Alert.  Don’t get scared if you are buying or developing an equestrian estate here in the Coachella Valley.  The article about Fraud in Equestrian Estates here, is about Wellington, FL.  However, there are some really good points to think about if you are one of our many Thermal showgrounds participants or polo club members.  Local equestrian and agent, Kim Kelly, at 760-285-3578.

In the article the alleged fraud occurred when seasonal luxury equestrian owners contracted with builders to develop their property and found out they were being scammed.  Nothing has been settled yet it appears, but it got me to thinking about developing equestrian properties in general.

When you buy a piece of land with future equestrian plans in your mind, be sure you do your research.  Double check the zoning to be sure horses are allowed and how many/acre are permissible in the area.  Get fencing quotes and gate quotes.  If you’re putting in grass, be sure the land is graded properly, the soil is suitable for horses, and there is sufficient drainage.  Is there plenty of water?  You need water for the horses obviously, but also for pastures.  If you’re building a home, check to be sure you understand the availability and difference between Ag water and Domestic water costs and sources.

Hire an engineer that knows about horses.  This is very important.  When you interview contractors, be sure they understand exactly what and why you need things done a specific way.  We all know in any contractor business never to pay it all up front.  Have a payment schedule based on frequent schedule updates.  Be sure you have the names/numbers of the vendors for yourself and are allowed independent checking in with them.  Don’t harass the subs, just let them know that you are involved and are watching.  Check your contractors/subs backgrounds.  Be sure everything is in writing!

Take a tour of this beautiful 10 acre estate in Vista Santa Rosa.  Available for $2.5 mil, this one is gorgeous!

Foreclosures in Coachella Valley

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Foreclosures in Coachella Valley

The Hideaway Golf Club in La Quinta, CA.

Foreclosures in Coachella Valley  I’m just talking about the Eastern Coachella Valley today.  The local desert cities of Palm Springs, Cat City, Palm Desert, Rancho Mirage, La Quinta, Indio, Indian Wells, Thermal, and Coachella.  I am not seeing many foreclosures as I show the Coachella Valley cities.  I handled many Short Sales during the last crash, and am always keeping my ears and eyes open for any trends that may be pointing to another Foreclosure crisis.  If you are looking to buy or sell, give local resident/agent, Kim Kelly a call at 760-285-3578.

According to Zillow and Redfin, there are zero foreclosures in all but two of the Coachella Valley cities.  There are currently 2 foreclosures in La Quinta, and 6 in Indio.

La Quinta:  There is currently 1 foreclosure in the La Quinta Cove.  $399,900.  1989 build of approx 1700 sf and on a single lot.  Has a pool and looks to be in pretty decent condition.

The Hideaway:  There is 1 foreclosure at the gorgeous Hideaway Golf  Club in La Quinta.  This gorgeous contemporary style home built in 2023 is approx 4370 sf, includes a casita and is listed for $4,250,000, sits on a 16.000 sf lot, and is gorgeous.  Hideaway has a monthly HOA of approx. $800/month.

The city of Indio has 6 foreclosed properties ranging in price from a mobile for $158,000 to $709,000.

A foreclosed 10 acre farm in Thermal with date trees just closed recently at approx $650,000.

So, no, I am not seeing alot of foreclosures released for sale in the Coachella Valley BUT throughout the US, foreclosures have climbed 9% from last year.

The property tour below is NOT for a foreclosed property, but it IS a gem.  4 acre fenced, private estate with a custom home built in 1981, pool/spa/outdoor cook station, 4 irrigated pastures and although it feels like a rural estate in the country, the entry is right off of a small street with direct access to Washington.  42605 Byron Pl., Bermuda Dunes.  List Price:  $2,799,000.

 

 

Coachella Valley market shift

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Coachella Valley real estate update

Just another beautiful day in the Coachella Valley!

Coachella Valley market shift.  My sellers are SO frustrated!  Why isn’t my property selling?  My neighbor sold his property for more money!  That may be true, but since last year, the Coachella Valley real estate market is shifting from a sellers market to a buyers market.  Inventory is on the rise, properties are sitting on the market longer, and buyers simply are not motivated.  Buyers are golden right now, so if a written offer comes in, accept or counter it.  Don’t get insulted as a seller and just not respond.  Local resident and long time agent, Kim Kelly, will give you a realistic expectation when you list.  760-285-3578.

June 2025, there were 3608 homes listed for sale.  That’s up from the 2598 homes that were listed at this same time last year.  Those numbers represent a 38%+ increase in inventory.  When the inventory goes up, sellers have to compete with more homes comparable to their own.  This often reflects a loosening up of the real estate market, and buyers have more power.

A balanced market here in the Coachella Valley, is signaled by an absorption rate of 6 months.  We are now past that at 7.2 months, so properties are sitting longer.  When buyers see this, they are obviously going to interpret this as, “I need to be careful as the market is changing.”, and “I’m NOT going to rush into buying.  I’ll just hang out and wait, or maybe I’ll throw a lowball offer at the seller and see what they say.”  There is about an 18% difference between what sellers are asking and what buyers are paying.

My advice to sellers is to be patient, price your property where it will attract eyeballs and foot traffic, then be patient.  It’s just taking longer for buyers to put pen to paper!  Then when you do get an offer, be realistic in your counter offer.  Remember..buyers are golden right now, and more than likely will have a top number in their minds, and they WILL walk if it doesn’t come to fruition.

Take a tour of this gorgeous, custom home in the La Quinta Cove.  Only listed for 30 days, asking $874,500, and generating some serious activity, 77440 Calle Ensenada, a santa fe style home on an over sized corner parcel, call me for your tour today.  760-285-3578.

Bermuda Dunes estate for sale

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Bermuda Dunes estate for sale. 4 fenced and irrigated acres right off Washington.

Bermuda Dunes estate for sale.  Asking $2,799,000.  Custom pool home, 3 car detached garage, at 42605 Byron Pl., Bermuda Dunes, CA. 

REDUCED from $3,199,000.  Custom estate home built in 1981 in the early California ranch style.  Approx. 4800 sf and featuring 4 bedrooms, and 4.5 bathrooms of remodeled beauty.  Call local resident and agent, Kim Kelly for your personal tour at 760-285-3578.

The entry to 42605 Byron Pl, is electronically gated.  The property has dual entry gates, one opening to the long driveway to the home, and the other opening to the large grass paddock on the East side of the home.  Plenty of room for parking, or add an ADU, or another estate home to this rare property.  Venetian tile and engineered wood flooring, granite counter tops, remodeled bathrooms, kitchen, bedrooms and soaring wood beamed ceilings with lots of glass sliders to allow the natural light flood into this entertainment home.

To tour this fabulous property, give me a call at 760-285-3578.  Take the tour here..

 

Are Foreclosures coming back??

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Foreclosure road.

The road to Foreclosure???

Are Foreclosures coming back?  I’ve received several calls from clients that think they’ve spotted foreclosures and want help buying them.  When I checked, the two properties in questions had gone through foreclosure, been sold, and may appear for sale to the public at some point.  Is this a foreclosure pattern?  I have to say that after 25 years in the real estate industry in the Coachella Valley, having done hundreds of short sales after the crash in 2007, I am not experiencing this.  If you are looking to buy or sell here in the Coachella Valley, give Kim a call at 760-285-3578.

I really hope we aren’t going to get another wave of foreclosures, but none of us know for sure what’s up.  I follow the foreclosure websites, but haven’t found them to be very accurate.  I myself have seen just 2 properties over the past couple of weeks, one a condo in PS, one a 10 acre abandoned date farm in Thermal.

Because buyers have had to come up with the standard 3% down for FHA, and a conventional loan for 20% down, they have some skin in the game and aren’t carrying bad notes as they did in the past crash, “The Big Short”, if you will.  Good movie by the way.

The potential problem I am thinking may happen is that many people have tremendous amounts of equity in their properties.  If times get tough, finances get squeezed, it seems to me that more and more people will be tapping into their home equity.  This could for sure contribute to people having to walk away.  Which of us knows what’s in the future?  NONE of us.  Take a tour of this lovely Santa Fe style home, located on an over sized corner parcel in the La Quinta Cove.  2375 sf with 3 beds/2.5 baths/pool & spa/fully fenced lot, saltillo tile floors, vaulted ceilings, $874,500. 

77440 Calle Ensenada; OPEN HOUSE 6/7

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77440 Calle Ensenada; OPEN HOUSE Sunday, 6/7 from 12-3 pm

77440 Calle Ensenada; OPEN HOUSE 6/7.  $874,500.  I’ll be holding this beautiful, custom home, open from 12-3 next Sunday, 6/7.  Stop by and walk this amazing property!  If you are looking to buy or sell in the La Quinta Cove, or anywhere in the entire Coachella valley, give local agent, Kim Kelly a call at 760-285-3578. 

There is only one of these floorplans in the La Quinta Cove.  Custom designed and built in 2002, sitting on an over sized, fully fenced, corner lot with a saltwater pool and spa, mountain views and just 2 blocks from the Western hiking trails.

Offered unfurnished, this approx. 2375 sf, home has 3 bedrooms and 2.5 bathrooms.  Saltillo tile floors, painted sinks and tiles, vaulted ceilings, dual fireplaces, loads of natural light and a smart, split floorplan, this home is spectacular.  Come by for a personal tour on Sunday, 6/7, and take the virtual tour below. 

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78100 Main St #202, La Quinta, CA 92253

Contact Kim

Call Kimberley at
760-285-3578
or email her at
kjkpolo@gmail.com.