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

Land and Farm Updates; Coachella Valley

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Land and Farm Updates; Coachella Valley

The Eastern Coachella Valley has land, ranches & gorgeous homes!

Pretty much everyone knows the real estate market is HOT!  Not just here in the Coachella Valley, but across Southern California.  When I take buyers around to look at residential property, in any of our nine desert valley cities, there just isn’t much to show them.  Land and Farms, though not AS low, the inventory is shrinking.  Call your local realtor, Kim Kelly, for a free property consultation on land, ranches and residential properties.  760-285-3578.

Land in the Coachella Valley is selling from approx. $22,000/acre to approx. $100,000/acre.  What in the world?  How can the price/acre be that different?  Location, location, location.  Same as with residential properties.  Properties that are nearer to city amenities garner a higher price generally.  Land that is level and clean is more attractive than raw desert pieces.  Fencing is an upgrade, water is a top upgrade, and extra water is a huge upgrade!

Just SOLD!  20 acre farm in Thermal near the HITS horseshow grounds and the Jacqueline Cochran airport.  Fenced, with Ag water and a private well. List price:  $899,000

Just SOLD!  19.3 acre Farm currently under alfalfa in Vista Santa Rosa.  Ideal location as it’s on the border of LQ, but in the County.  Represented the Buyer.  List Price:  $950,000.

85501 61st avenue, Thermal, CA.  Listed at $1,500,000.  Take the tour below to see this amazing 20 acre farm near the Jacqueline Cochran airport.  Currently a working farm with several homes and a 10-stall barn.

 

 

Montage Hotel at SilverRock..what’s up?

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Montage Hotel at SilverRock to break ground spring of 2021..hope so!

Montage Hotel at SilverRock, what’s up? Living in La Quinta, I am often asked and I wonder myself..what’s going on with the Montage Hotel development at the SilverRock Golf Course?  We keep getting updates that it is going to break ground in the spring of this year.  I can say that there is definitely construction going on in Jefferson St.  They had that dug up for several months while they were installing underground improvements for the project.    The Actual SilverRock Development does have a projected opening of late 2022.

The 134 room hotel is the cornerstone of the $400 million SilverRock Golf Resort development.  Plans also include a 200 room Pendry luxury hotel, also under the Montage brand, a spa, shared convention and event center, residential condos and a second golf course.  COVID has really hit the hospitality industry as we all know, but it looks like 2021 could be the ground breaker!

The montage Hotel is expected to take about 21 months to complete.  Design plans have been submitted and approved for the planned Montage and Pendry residential condominiums and sale are better than expected the developer says.  Check out this property for sale on the edge of La Quinta..9 acres at Monroe and Avenue 52 4 homes + barn, 5 hole pitch n putt, private lake, orchard..outstanding!!

 

 

 

 

Coachella Valley real estate update

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View from the arena at 10834 Union St., Cherry Valley, CA.

Coachella Valley real estate update:  First Quarter, 2021 is over, and the market is still on fire here in the Coachella Valley.  It feels quite different to me than the last cycle of real estate here in the Coachella Valley..because it is!  I was selling new homes in 2001-2005.  Screamed up, then the devastating crash that was felt pretty much everywhere, with our Coachella Valley being no different.  What are the differences between then and now?  For local real estate information or a free property consultation, give Kim Kelly a call at 760-285-3578.

The Coachella Valley market continues to outperform the same period 12 months earlier.  Sales picked up while inventory cratered.  Huge difference now than last cycle.  In 2005-2007, the peak of the last cycle, sales were mostly driven by people buying home with little to no credit, on loans with little to no down!  EEK!  Now, fewer home son the market coupled with higher demand has created more competition for what homes are available.

Recent news about life getting closer to normal offers a glimmer of hope as far as inventory numbers.  It is anticipated that alot of sellers will be putting their homes up for sale in the coming months.  It is pretty much a sellers market right now, BUT, as more homes come on the market, it is going to become even more important to present your home in peak condition to guarantee that it will garner the highest price/sf. amongst it’s competition.  Local information is critical!   

Take the tour below of this incredible 5 acre equestrian estate in Cherry Valley, CA.  Offered at $1,300,000, and with two homes, a barn, RV parking, huge arena and spectacular views..

 

 

 

 

 

Just Sold! Farms in the Coachella Valley

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SOLD, Coachella Valley. 5+ acres, custom home, $1,399,000

Just Sold!  Farms in the Coachella Valley.  It was a busy year last year, 2020, and we are off to 2021 with a continuation of real estate sales.  Here in the Coachella Valley, the main problem for us local Realtors is lack of inventory.  No matter the price point, there is not enough inventory!  For more local real estate information, give Kim Kelly a call at 760-285-3578.

 

Just Sold in the Coachella Valley:  5+ acre Equestrian estate with a 2600 sf custom home and a 3 bed/2 ba guest home in the city of Coachella.  Multiple turnouts, and killer location.  Listed and sold for $1,399,000.

SOLD; 9+ acre land parcel with 12 stall barn, Thermal.

Just Sold in the Coachella Valley:  9+ acre parcel in an HOA gated community in Thermal.  $575,000.  Build your own custom home to go with the 12 stall barn.  Community equestrian amenities include  a track, polo fields, mature landscape, spectacular VIEWS.

 

 

Take a tour of this gorgeous 20 acre farm in Thermal, California.  Listed for $1,500,000, the farm includes several homes, a 12 stall barn, hay barn, multiple turnout pastures, private well, Ag water for irrigation..it’s ready to go!

Coachella Valley Event Sites for Sale

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A perfect Coachella Valley Event site on 9+ acres.

Coachella Valley Event Sites for Sale.  What is an event site?  What do people use an event site for?  What makes a good event site?  The Coachella Valley, with all it’s special events, including the Music Festival, is a premier site for Events of all types.  The West valley, Palm Springs itself, draws a particular set of events, and the East Valley tends to draw the interest of another set.  If you think you might be interested in finding an event site in the Coachella Valley, give local Realtor, Kim Kelly a call at 760-285-3578.

What Types of Events are held at Coachella Valley Event Sites?  Events like Weddings, Quincineras’, Fathers’ Day parties, Birthday parties, Retirement parties, Golf Groups, Music Sponsored events, Equestrian participant events, Corporate Sponsored Events..pretty much anything you can dream up a party for!

What Size is a typical Event Site?  Event sites vary as much as personal homes do.  Typically, an event site that would generate the most money, is one with lots of room.  Add to that, location and views, and it becomes even more desirable.  Properties of an acre to five acres can be hugely requested.

Do Coachella Valley Cities allow Events?  Check with the City you are thinking of buying in.  Because it’s so popular here in the valley to rent rooms, or entire homes, for short term rentals, or events.  There may very well be permits required for large events.

COACHELLA VALLEY EVENT SITES FOR SALE

52450 Monroe St., Indio, CA:  9.4 acres, gated, secure and private, Three Thumbs Up Estate, is spectacular.  A perfect private Equestrian Residence, or a magical event site, including a main home of approx. 5600 sf, guest home of approx. 1200 sf, guest apartment with 2 bedrooms, a 12 stall barn, private orchard, private pitch n putt golf course and a private lake and waterfall. 

Equestrian Estate or Event Site in Coachella Valley

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The 12 stall barn at 52450 Monroe St., VSR, CA.

Equestrian Estate or Event Site in Coachella Valley. First time the current owners have offered their exclusive estate for sale.  Located at 52450 Monroe St. in Vista Santa Rosa, CA., this 9.44 Acre fenced, gated, and very private property, is truly one of a kind.  Custom entry gates swing open to an oasis of green lawns, grand tree lined driveway, and a sparkling lake just off to the South.  It is breath taking.  A perfect show place for prized horses, or a magical event site with a variety of different and unique settings.  Vista Santa Rosa is an unincorporated area of the Coachella Valley, which is county and much more friendly to events than neighboring La Quinta.  Call Kim at 760-285-2478, or Kate at 760-409-1532.

This incredible Equestrian Estate offers your horses a classy, comfortable life.  The approx. 3,000 sf., 12 stall barn has vaulted and beamed ceilings for stunning affect, but also for great air circulation.  There are 4 arched entries, and the floor is interlocking pavers to keep the horses from slipping, even when wet.  Two large, grassy turnouts, a smooth round about entry for your rigs, and a short 10 minute drive to the polo fields, or 20 minutes to the HITS showgrounds.

Narendra Patel designed the main home with it’s 4 bedrooms and 5 bathrooms.

Supurb settings for Events are available throughout the 9+ acres.  The barn, the private orchard, the asado party area, one or all of the 3 homes on site, and that spectacular private lake with it’s wooden dock, and 3-tiered waterfall.  There have been multiple high end events held on the estate in the past, and the future income is prime for growth.  Just a short mile or so to the Coachella Music Festival grounds, yet oh so private.

Take the virtual tour below to experience the unique beauty of this exceptional equestrian estate or event site in the Coachella Valley.

Desert Farm, Housing & Equestrian Update

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Look at this VIEW in a Coachella Valley home!!

Desert Farm, Housing & Equestrian Update:  2020 has proven to be a big year in the real estate world in the Coachella Valley.  COVID 19 contributed for sure, in that people who love the desert, but had not committed to owning a desert farm, land, Equestrian and certainly residential properties wanted to get out into the wide open desert spaces!  I had buyers that had been interested in buying in our desert, but had been waiting for “the right time.”  It seems that 2020 IS the right time!  If you’re interested in learning the value of your Coachella Valley, give Kim a call at 760-285-3578.

Our overall inventory is pretty low, for residential properties, in all price points, except the uber luxury properties.  If a property is priced correctly, based on it’s location, light, floorplan, and all the other factors of the home in it’s particular community, it WILL sell. I have run into the problem of sellers who think that because the market is “hot”, they can price their property as high as they want.  I try to help them understand that the buyers set the market, not sellers.  Even in a hot market, the market is set by the buyers..they will always tell you what your product’s market value is.  Sellers may accept that or keep their property.

Land and Equestrian properties are selling in the same way.  Price/acre is still pretty steady, but smaller farms with stick and mortar (Permanent) homes are in very high demand.  Well located parcels of clean land are also in demand.  These vacant parcels sell because they are good prospects to add a home on later.  The farm featured below, Chocolate Mountain Farm is a beautiful 20 acre, fenced parcel in the East Valley.  Featuring it’s own well, approx. 90 date producing palms, a 5 stall barn, and stellar views. 

Coachella Valley real estate update

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Coachella Valley Real Estate Update:  

81647 Andalusia Dr.

Private Pools are popular in the Coachella Valley

What’s Selling?  Here in the Coachella Valley, our normal cycle of real estate sales, would see us heading into the slow season.  As the summer heats up, we generally see less activity.  However, with the COVID virus, it seems that people are streaming into the desert!  They want the heat, the space, the lower density, just less stress I guess.  In general, our inventory is low.  I was out showing properties for between 4 and $600,000 in Palm Desert or La Quinta.  No HOA was mandatory.  We looked at 6 or 7 homes over a couple weekends, and each one went into escrow!  We finally wrote on one in South PD, and got it.  This is not unusual.  Call Kim Kelly for your FREE consultation on Value for your Home or info. on a community in the Coachella Valley.  760-285-3578.

How About the Entry Level Homes?  The Entry level home in the Coachella Valley are priced between $250,000 to approx. $350,000..and they are hard to find!  If you are ok with a Condo, there are options, but if you want a single family home, the choices are limited.  If a home comes on the market and it’s in good condition, in this price point, it won’t sit more than a couple weeks max.  Lots of people looking, and not much out there.

What’s happening with Prices?  Stable is the game right now.  Not increasing or decreasing.  We have not seen a run up on prices, nor have we seen huge reductions.  If you price your property fairly, it’s in good condition, has a view and a good floorplan, it will sell.  Each community within each City is unique, but overall, things are steady as they go.

What about Loans?  Wow..a great time to get a loan!!  Less than 3% for a conventional 30 year fixed, and even better for a 15 year.  I am finding that jumbo loans are a bit more finicky to obtain, so have your docs in order.  Be pre-approved with a local Lender as product is selling fast, and there are alot of cash buyers as your competition.  Local Lenders & Appraisers hold some sway with Sellers as they know the market.

Overall, it’s looking to be a very active summer season here in the Coachella Valley.  Land and Farms are also moving, and residential units do NOT sit long, so if you see something you like, go after it!  Take this walk tour of 81647 Andalusia at the Andalusia CC in La Quinta.  Offered at $1,199,000. 

 

Toscana CC, Indian Wells Jewel

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Golf the beautiful Coachella Valley at Toscana CC, Indian Wells Jewel

Toscana CC, Indian Wells Jewel:  Indian Wells is in itself one of the most beautiful of our Desert cities.  Even the medians on both sides of Hwy 111 when you enter the City are beautifully manicured!  Indian Wells was founded in 1967, has an operating budget of 134.1 Million, a population of approx. 5400, median age of 64 and median income of $103,000.  Now let’s add the Toscana CC, Indian Wells Jewel!  Call local Realtor, Kim Kelly at 760-285-3578.

Toscana CC, Indian Wells Jewel

  • Sunrise Builders did and are still doing a phenomenal job.  Open flowing floorplans to choose between.
  • 631 homes total at build out
  • The Incredible spa offers massage, facials, wraps, scrubs, soaks and salon treatments..check it out at Spa Bella Vita
  • The Toscana Sports & Tennis Club offers a wide range of staff to help you with your Tennis, Pickleball, Bocce Ball, weight training, Yoga, Pilates and more.
  • Two Jack Nicklaus signature golf courses, the North and the South are challenging yet completely different in design.
  • Dining options include La Cocina Casual Dining, Il Caffe Coffee Bar and Ill Forno Trattorio & Lounge.

Why ever go off campus when you purchase a home at Toscana CC in Indian Wells?  Or if you have the time and patience, you can purchase a homesite and have your custom home built!  Lots of options at Indian Wells newest Country Club, Toscana CC, Indian Wells Jewel.

18+ Acre Equestrian Acreage in the Coachella Valley

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Coachella Farm

18.6 acre Equestrian Farm near Festival Grounds for sale.

18+ Acre Equestrian Acreage in the Coachella Valley:  Located right on the edge of La Quinta, across the street from The Madison Club and The Hideaway Golf Club, this farm has an incredibly unique location.  With the ability to adjust to potential 5 Acres at the smallest, this farm with it’s nearness to entertainment as well as the Coachella Music Festival grounds, is a win win for both Equestrians or people that just want some room to roam!  Call local Realtor, Kim Kelly at 760-285-3578 for your personal tour today.

 

18 Acre Equestrian Acreage Amenities:  Listed for $1,395,000

  • New Well in 2018
  • Electricity to site in 2018
  • Box Stall barn and In-n-out Barns
  • Multiple grass paddocks for turnout
  • Alfalfa Field so you can feed your own horses!
  • Sand Arena
  • Outdoor Jumping/cross country jumping field
  • CVWD (Ag) water to site for flood irrigating
  • Zoned A1-10, so prime for your Farm Home and perhaps a guest home.  The farm is a golf cart ride from The Madison Club and also The Hideaway Golf Club.  The Coachella Music Festival Grounds are about 2 miles away, which opens up the possibility of a Luxury Lease Event site in the future.

 

Take the Walk Tour of this 18 Acre Equestrian Acreage available by Appointment for your personal tour..

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78100 Main St #108, La Quinta, CA 92253

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