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

DIHP horseshow update from the desert!

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Jumpers are preparing for the desert show in Thermal, CA.

DIHP horseshow update from the desert!  So, first off, everybody here in the Coachella Valley always referred to the Desert International Horse Park (DIHP) as simply the HITS horseshow.  I guess it still is referred to as that, but the main thing is the the horseshow in Thermal, California is readying for the 2024 season.  The Horseshow has continued to grow in size and valley power, bringing hundreds of horses, their owners and trainers, grooms, families and of course the thousands of visitors that will head over to watch the competitions throughout the show jumping season.  If you are looking to buy or sell your land, residential or equestrian property, give me a call at 760-285-3578.

The sport of show jumping is part of why DIHP has a place on the worldwide stage.  What an international sport!  Many different levels of competition are offered, including consistent options available all season to move your horse or yourself up to higher levels.  There will be world class course designers to design throughout the arenas in the park.

The FEI show jumping program continues at a variety of levels with up to 1 million Grand Prix awards.  On the National show jumping program front, there is speed action, open classic and National Grand Prix with fabulous prizes!  For the youngsters, there is a weekly $7500 DIHP 10 & under Futurity showcases horses still slightly green at the higher levels.  I have several spectacular properties for equestrians, some of them are not publicly listed, but can be shown.  If you are looking to buy or sell an equestrian property in the Coachella Valley, give me a call at 760-285-3578.  Take the tour below for this 10 acre farm in a gated equestrian community approx. 10 minutes from the showgrounds!  $2,995,000

JUST SOLD: 20 acre farm in Thermal

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20291 Ford Ave., Sky Valley, CA is for sale!

JUST SOLD:  20 acre farm in Thermal.  The Eastern Coachella Valley is on fire!  With all the negativity from the media about housing, the high interest rates, no inventory..blah, blah, blah.  Here’s the thing..all true!  But..whenever things are slow in one part of the industry, seems there is always a part of the real estate market that is doing well.  Here in the Coachella Valley, it’s the extreme high end of luxury sales, and it’s also land and farms and estate properties that are selling well.  If you are looking to buy or sell in the Coachella Valley, give me, Kim Kelly a call at 760-285-3578.

I’ve lived in the Coachella Valley for 40 years.  Coachella, Thermal, and cities even further East in the Coachella Valley are coming into their own.  Smart development choices, low density housing choices and mixing rural communities with smart housing developments are drawing people to the Eastern end of our valley.  Thermal consists of approximately 17,000 acres, and is home to date production farms, equestrian developments including the HITS show, Jacqueline Cochran airport, and the enormously popular Thermal Car Club.  The 20 acre farm just sold is just over the sound barrier from the car races.  The new owner is a car competitor, and he bought himself a smashing farm where he can keep his cars, land the helicopter, host parties, build an estate, or build large garages to work on the cars!  I have more! Take a tour of this farm located at 85501 61st avenue, Thermal.  $1,850,000. 

Coachella Land and Farm update; 2023

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14.66 acre parcel ready to develop! $675,000

Coachella Land and Farm update; 2023.  Lots shaking in the Coachella Valley, especially the Eastern end of our beautiful desert valley.  Land values have remained steady, they’ve gone up the nearer the parcel is to the Festival grounds, but out East, there are still some good property values to be had!  My equestrian clients and friends who are interested in purchasing land or an equestrian property would be wise to seriously start looking and try to lock something down this season.  If you are looking to buy or sell land, ranches, or residential properties in the Coachella Valley, give local realtor, Kim Kelly a call at 760-285-3578.

Just Listed Coachella Land:  $675,000.  Great location for this just available 14.66 acre parcel of vacant land with direct access off of Jackson St. just South of Avenue 52.  This is fee land, although it’s located in the Torres Martinez Indian reservation.  There isn’t a well on the property, but Ag water is available to the site.  Electricity in Jackson St., but not pulled to property.  There is sewer and a water main on Avenue 62 and Harrison.  Grab your piece of the desert at just $46,000/acre.  Co-listed with Kate Rust, Wilson-Meade.

 

 

Commercial corner in Coachella for sale

It’s the green parcel at the lower part of this photo..

Just listed on Avenue 52 in Coachella;  $2,350,000.  84045 Avenue 52.  This 7.8 acre corner parcel is fabulous!  Located on a hard signalized corner on Avenue 52/Van Buren, just a couple miles from the famed Coachella Music Festival grounds.  Zoned Commercial, this would be a great location for a potential hotel, or an event site, or maybe just a desert retreat or equestrian estate?  There is a 2 bed/3 ba home on the parcel with an electronic entry gate directly off of Jackson St.  What a beautiful property.  Tenant occupied, so call Kim Kelly at 760-285-3578 to arrange a tour of this incredible opportunity.  Co-listed with Kate Rust, Wilson-Meade.

Just SOLD:  85501 Avenue 61, Thermal  $1,650,000.  This 20 acre farm is currently a horse lay up farm, and very near the Thermal Car Club.  Take a tour of this Just Closed 20 acre farm and see what you can buy in the Thermal area…

Thermal Car Club to host Indy all star race in 2024

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The Eastern Coachella Valley is booming!

Thermal Car Club to host Indy all star race in 2024.  Pretty big news for our local car racing club.  The Thermal Club is well known here in the eastern Coachella Valley.  According to the LA times article, there is 1 million guaranteed to the winner!  The eastern Coachella Valley is getting more and more attention.  I remember the initial roll out of the Thermal Club.  One of the parties was at the La Quinta Hotel to introduce all of the local realtors to the club and it’s potential amenities in the future.  None of us could believe that ANYONE would go that far east..and here we are.  If you are looking to buy or sell homes, land or farms in the Coachella Valley, give Kim Kelly a call at 760-285-3578.

The million dollar challenge, which is a made for TV exhibition will be held on March 24 and air on NBC.  There will be practice and qualifying the previous two days.  IndyCar at the start of the year tested at the Thermal Club to gauge interest from membership in eventually hosting a race.  The Thermal Club is a 490 acre development that includes four asphalt racetracks located behind an 18 ft. sound wall in the Eastern Coachella Valley.  There will be limited tickets so if you’re interested in getting more info, go to this link from local tv station kesq.

Land in the Coachella Valley has been rising in the past couple of years.  It is still cheap compared to most areas of the country, but the East Valley has always been the least expensive price/acre available in the entire Coachella Valley.  It still is, but it’s gone up.  Now is a good time to buy a piece of land whether it’s to land bank or potentially turn it into an estate home, a car collectors dream, or a high end event site.  All is possible.  Take a tour of this farm that is near the airport.  2 acres w a pool home for just $1,550,000.

 

When is a seller carry a good idea?

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coachella valley realtor

Seller Carry is often a good option for farms and land.

When is a seller carry a good idea?  There are several different opportunities and situations in the real estate world where a seller carry may be the perfect solution for both buyers and sellers.  Basically in a seller carry, the seller acts as the bank; rather than the buyer getting a traditional loan from a bank, they write an offer and ask the seller to carry the loan.  If you are looking to buy or sell in the Coachella Valley, residential, land, farms or investment opportunities, give Kim Kelly a call at 760-285-3578.

Vacant land can be difficult to finance.  Few banks want to lend money on vacant land because there aren’t homes on the property.  When I take a listing for vacant land, I always ask the sellers if they would consider a “seller carry”.  Often they will as long as a buyer can come up with 30-50% down, and have good credit.  It can work well for a seller if they don’t need all the money at one time, and sometimes it’s a tax benefit as well.  Be sure to always consult with your tax attorney or advisor before you consider this option.

Land and equestrian estates are often purchased with a seller carry

For residential properties, when a seller has paid off their home, or has alot of equity in it, sometimes they will also consider a “seller carry”.  The buyer agrees to a certain amount down, with the balance either amortized, or paid off with a balloon payment at the end of the term.  The buyer also pays Interest rate of course, and normally it’s just a bit higher than a traditional bank will charge.  Buyers that do not have good credit, or are highly leveraged, or just won’t have the money for a certain period of time, often are good candidates for this type of situation.  I’ve found that most of my seller carry’s are for either vacant land or a multi acre farm or estate.  The equestrian estate in the tour below is featured at just 2.6 million.

Coachella Commercial corner parcel for sale!

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Commercial corner in Coachella for sale

It’s the green parcel at the lower part of this photo..

Coachella Commercial corner parcel for sale!  Just listed and this one is a supurb opportunity.  Almost 8 acres on a hard signalized corner approx. 2 miles from the world famous Coachella music festival grounds.  The Eastern Coachella Valley cities are booming, and Coachella is very business friendly.  They are looking for businesses that will help boost the city and also fit the zoning requirements.  This key corner parcel is located on the Southeast corner of Van Buren and Avenue 52.  If you are looking to buy or sell in the Coachella Valley, call local realtor, Kim Kelly at 760-285-3578.

The city of Coachella NEEDS commercial development.  There are new housing developments about a mile from this corner at 84045 Van Buren St., and there are not enough hotels.  This could be a great location for just that.  Priced at $2,350,000, this parcel is currently a single family residence on approx. 8 acres.  This corner was part of a family date farm, and there is a cute home on it.  Presently tenant occupied, the property is easy to show, so if you may be interested, give me a call!  Coachella Commercial properties are hard to find..

Entry gate off of Van Buren St.

84045 Van Buren St., Coachella

 

 

Flood Insurance in the Coachella Valley; should you get it???

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Flood Insurance in the Coachella Valley??

Flood Insurance in the Coachella Valley; should you get it??? Here’s the thing.  I’m a maintenance person.  I believe that if I do what I can BEFORE I need it, I will be in a better position WHEN I need it.  So, with all the changes happening so quickly in regards to our climate..literally, everywhere in the world, it seems a good idea to look into flood insurance.  Living in the Coachella Valley, which is a California desert, this might have seemed a moot point years ago…but now??  Probably a good idea.  If you are looking to buy or sell a Coachella Valley property, whether it’s residential, land, equestrian facility, or development opportunity, give me a call at 760-285-3578.

I chose to have flood insurance, and I live in La Quinta here in the Coachella Valley.  Got it just a couple years ago and so far, even after Hurricane Hilary, I haven’t had to use it.  BUT, as we all know about Insurance, when you need it, it’s a good thing to have.  Then there’s the fact that some insurance companies are no longer willing to write policies in disaster prone areas..this is the problem with Florida right now, and some of our fire prone areas here in the state.  I figure that if I get it now, have a history of it, and take good precautions myself on the property, odds are good I’ll have it there when I really need it.  Yearly estimates are based on the location, square footage of the house, garage spaces, single or two stories..lots of stuff.  Normal yearly fees for the Coachella Valley are approx. $400-$700 depending on how much insurance you want to carry and your deductible.  Not bad since water can do a job on ANYTHING!

Just something to think about if you are currently living here in the desert valley, or thinking of purchasing a home, horse property, or even vacant land.  I guess there really is something to be said for the expression “you can never be over insured!”  Take a tour of this 5 acre property in Sky Valley.  Offered at $1,199,000…

 

Polo update for 2024 season

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2024 polo season is about ready to start!!

Polo update for 2024 season:  It’s that time of year again..polo and HITS show seasons are getting ready for 2024!  The world famous Eldorado Polo Club will be having another full roster of teams competing in 2024.  As for the HITS horseshow, the Sunshine competition will be November 1-12, and they are now taking reservations for the 2024 season.  If you’re looking to buy or sell a seasonal home or farm, or a year round home or equestrian property, give me a call at 760-285-3578.  

 

The polo grounds have had some recent changes.  Field #4 by the Cantina, which we did not have access to last year due to the enormous tent the music festival owners installed on it, is back for 2024!  This is a very popular field because the noon games can be watched over lunch or cocktails at The Cantina!  Family friendly, and a polo friendly announcer there as well.  Another change for the season is the stabling.  The pipe pens by Jackson Hole Horse Emporium and Pablo’s tack repair shop are all gone!  The pipe pens are being re assembled behind the old HITS showground stalls.  If you’re looking for stabling for the 2024 season, visit the Eldorado website and get your reservation in!

It’s been a busy summer for real estate.  Land and Farms in particular have been transferring consistently over the summer.  If you’ve been thinking of buying a farm or vacant land or a home, don’t sit.  Inventory is down, so prices have remained steady, and buyers that are ready, can still get a decent price.  Mortgage rates are still high at 6-7%, but with land and farms, it is not unusual for sellers to carry the note with 40-50% down.  Take a tour of this 2 acre property located East of hwy 86; called Pineapple Hill Retreat, and offered at $1,500,000.

 

 

NEW seasonal rentals available now!

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4 beds/3 baths in Coachella; for lease

NEW seasonal rentals available now!  If you’re looking for a seasonal rental near the polo fields and HITS showgrounds, I can suggest two to consider.  I do not handle leases/rentals myself, but the management company reached out to me and because I know these properties personally, I am proud to refer them.  If you are an equestrian, polo player, HITS competitor, or just someone coming down for season who wants some room to roam, give management a call:  858-925-3122  Rates vary depending on length of stays.

  1. Coachella:  This one is SO nice!  1960’s ranch style home + guest home, on over an acre on Jackson St.  Remodeled to perfection in that cool, mid century vibe with original terrazzo floor and corner fireplace, totally re done kitchen, updated bathrooms, large covered porch, new pool being installed as I write.  3 beds/2 baths in the main home and an over size casita with kitchenette and bathroom.  Detached garage.  Gated entry.  Dog/children friendly as the lot is large!  Available for short or long term (seasonal) lease.  

2.  Indio:    This is another WOW!  Located off of Ave. 48, walking distance to the Festival grounds.  The parcel is approx. 1 acre, and offers a main home, with 3 bedrooms/3 baths, a large gueshome with 2 bedrooms, a California room (outdoor party pavillion), and a large RV garage + a couple of RV hook up spots.  There is a secondary guest home attached to the garage; sleeps lots!!  The pool area is outstanding and party friendly!  Call management to reserve this one!  858-925-3122, or visit the website at www.localecoachella.com

Riverside County short term vacation rental info

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Riverside County short term vacation rental info.  If you own a home, an event site, a multi acre property with a large home on it that you want to use as a short term vacation rental property or wedding venue or event site, be sure to check with the County regarding the rules and regulations they’ve got in place!  There is a physical office in both Palm Desert and Riverside.  The County planner are very responsive.  If you are looking to buy or sell homes, land, investment opportunities, equestrian property, give local realtor, Kim Kelly a call today at 760-285-3578.

Short term vacation rental permits are being limited or new applications put on hold for many of our Coachella Valley cities.  Palm Springs has a maximum number of rentals an owner can do a year.  Rancho Mirage, Palm Desert, Cathedral City, La Quinta and Indio all have their own guidelines.  Check with the city BEFORE you write an offer!  Go to their websites to start; here’s the La Quinta short term rental info.

Riverside County also has limitations and guidelines, BUT short term vacation rental properties are welcome!  As long as the host is responsible and responsive to noise complaints, doesn’t have more people than is allowed/acre, doesn’t hold more events than is allowed for the event site, has the proper parking spaces available and ingress and egress for fire/emergency vehicles, you will find that there is very good ROI to be made in the Eastern cities of Coachella, Thermal and Vista Santa Rosa.  Indio also has short term vacation rentals, but every area has different requirements, and each HOA does as well.  If you buy in an HOA anywhere in the valley, be double careful to read the CC&R’s carefully.  Call the management company if you still are not clear on the rules & regulations for renting.  Take the tour below for a terrific potential event site/rental opportunity in Thermal offered for $1,550,000.

 

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78100 Main St #102, La Quinta, CA 92253

Contact Kim

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