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

Coachella Valley Market update

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Coachella Valley market update

Coachella Valley is home to many estate properties

Coachella Valley Market Update:  Here we are one month away from the end of the first quarter, and the California Department of real estate, along with the US Census, has put together a short breakdown of our local Coachella Valley real estate market.  Sales are still down below normal, but most especially in the luxury market.  Bottom Line, if a buyer brings your an offer, a seller needs to respond and seriously consider it.  If you are looking to list your property in the Coachella Valley, give local agent, Kim Kelly a call at 760-285-3578.

            Coachella Valley Market Update
* Coachella Valley Housing Inventory 1/1/25 3,389.
* Coachella Valley Housing Inventory as of 1/1/24 2,366.
* Population Growth in the Valley is Lagging 0.8% Down.
* Valley Home Prices are stable – No downward or upward pressure.
* Sales continue to run 26% below Normal.
* Inventory is now back to pre-covid averages.
* The luxury homes aren’t selling. Inventory of luxury homes is down 56%.
* Sales vs. Demand is now favoring buyers.
* 2025 Forecast on Mortgage rates is projected to declines to 5.75-6.0% range.
Take the tour of this just reduced La Quinta Cove property.  Now offered at $649,000.  Located on a double lot, with spectacular views from the fenced and private backyard.  And what a yard.  Mature trees encircle the yard with it’s Pool, raised spa, outdoor shower, multiple conversation areas and VIEWS! 

Reduced over $200,000. Bermuda Dunes estate

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4 acre, gated, private estate property just reduced in Bermuda Dunes, CA. $2,950,000

Reduced over $200,000.  Bermuda Dunes Estate.  Sellers are motivated, come see this amazing property on 4 private, fenced, irrigated acres of land.  It feels like you are in the country, but the property is located just off of Washington St.  If you are looking to sell in the Coachella Valley, give local agent, Kim Kelly a call at 760-285-3578.

42605 Byron Pl., Bermuda Dunes is one of the last remaining multi acre residential estates in the area.  Sellers have remodeled and updated the 1981 custom home of approx. 4800 sf, and featuring 4 bedrooms and 5 bathrooms.  This spanish style home offers multiple brick arches throughout, venetian tile and floating wood floors, vaulted ceilings with wood beams, custom granite counter tops of varying materials, custom backsplashes, modern kitchen and bathrooms, wet bar, two fireplaces.  This home is incredible.  Triple attached garage, again with a cathedral ceiling.  Now, let’s go outside…

Indoor/outdoor flow right to the incredible backyard with it’s pool and spa, outdoor cook station, over 70 mature trees, birds singing, mountain views and green pastures.  There are 3 full irrigated pastures, dual entry gates, two circular driveways, a private well AND city water to site, IID for cheaper electricity, a tack/feed room, dog kennel, 6 stalls and peace!  Short term vacation rentals are ok in Bermuda Dunes, and this large parcel supports another home or ADU as it’s zoned now, with the future possibility of more homes/acre if you wanted to develop.  Take the tour below..

5 Design Elements that add value to your home

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coachella valley realtor

5 design elements to enhance your property

5 Design elements that add value to your home.  Thinking about listing your property?  If so, put on your buyers shoes, and really LOOK at your home.  You still have to live in it while it is being marketed, or at least own it, so be sensible, but keep in mind that some of the $ you invest will have higher returns than others.  If you are looking to buy or sell your Coachella Valley property, give local agent, Kim Kelly a call at 760-285-3578.

5 Design Elements that add value to your home 

  1.  Whole Home Automation:  Buyers love to be able to monitor their home’s special functions remotely.  Turn on the heater or A/C.  Heat the spa or pool and spa.  Control the fireplace, the window shades, just about everything is able to be programmed now, so make it happen!
  2. Use a variety of colors, textures, design patterns.  Be eclectic, but not crazy.  The same old gray and white is so out!
  3. Use Color:  Buyers love color contrasts as long as they make sense.  Use a professional realtor, or hire a designer who hears you.  Make your home memorable.
  4. Outdoor living/dining spaces:  Buyers in the Coachella Valley move here because they can be outside most of the year.  Misters, a smashing pool/spa/hardscape.  An outdoor entertainment area with pizza oven, wine refrigerator, grill, asada area, just make it feel like a retreat.
  5. Landscape Design:  This one is critical as more and more buyers are aware of the local weather and environment.  Lots of beautiful uplights, twinkling solar fixtures, hanging pots of flowers, walkways, succulents and desert scape with artfully located benches or conversation areas.  Entice them to stay!

 

IN ESCROW: La Quinta Estate home

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In Esccrow; La Quinta estate home

In escrow; La Quinta estate home.

IN ESCROW:  La Quinta Estate Home.  Only two years new, semi custom home on a 23,000 sf lot.  Low HOA at Rancho Santana, this gorgeous home is one of the 5 estate homes built in this community.  5 beds/5.5 bathrooms in 4400 sf and including a detached 2 room guest casita.  Rancho Santana is a gated enclave with the main entry off of Avenue 52 in La Quinta.  Walking paths, dog park, bocce ball ct., and peace and quiet.  No clubhouse, no golf, but plenty of options available to homeowners as this location is only 5 minutes from PGA West, old town La Quinta, and Silver Rock public golf course.  Local agent, Kim Kelly 760-285-3578.

If you are looking to buy or sell in the Coachella Valley, it’s a good time to look.  The 2025 first quarter has been strong with buyers looking to live the Coachella Valley lifestyle.  It was 80 degrees today; perfect for a swim, a hike, bike ride, or a game of pickleball or golf!  The restaurants are busy, movie theatres and dinner theatres are humming, the season is in full swing.

Buyers definitely have more pull when they write offers.  Lowball offers still don’t go anywhere in most cases, but a good, clean offer will get a response.  Land values have remained steady throughout our 9 desert cities, with the East Valley, and north of Interstate 10 drawing lots of sales.  Desert Hot Springs and Yucca Valley are popular spots, and property values have continued to go up.  Coachella, Thermal and Indio are still compelling spots for developers, but IID power can be a constraint, so be sure to do your due diligence before closing on a parcel of land.

Take the tour of this gorgeous estate home that will be closing in another week or so..

42605 Byron Pl, Bermuda Dunes, Calif.

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42605 Byron Pl., Bermuda Dunes, CA.  Just Listed this gorgeous 4+ acre estate property in Bermuda Dunes, CA.  Bermuda Dunes is an unincorporated approx. 3 mile square area under the jurisdiction of Riverside County.  It’s such a

4 acre, gated, private estate property just listed in Bermuda Dunes, CA. $3,195,000

unique area of the Coachella valley, offering the rural flavor of the country mixed with custom contemporary homes, new home developments, and family neighborhoods.  This incredible, custom estate home has been remodeled and updated, while keeping the original architectural elements of this 1981 build home.  If you are looking to buy or sell in the Coachella Valley, give local agent, Kim Kelly a call at 760-285-3578.

This is one of the last remaining multi acre parcels in Bermuda Dunes.  Currently zoned for horses, or you could add another home or ADU.  The great thing about this property is that the land use is MDR (medium density residential), meaning that there is the future development possibility of 2-5 homes/acre.  Of course, if that’s your plan, always confirm with the County of Riverside BEFORE buying!

Pool/spa at twilight at 42605 Byron Pl, Bermuda Dunes, CA

Property Features include a custom built, 1981 single level home of approx. 4800 sf and including 4 bedrooms/5 bathrooms, a pool and spa, outdoor entertainment areas, lush irrigated grass paddocks and more.  This spanish style home with gorgeous exterior arches, vaulted, peaked wood beamed ceilings, tile and wood floors, custom mohogany front door, brick interior arches, remodeled kitchen, bathrooms, bedrooms, landscape..it’s all here!

There are four fenced and gated acres, electronic entry gate, triple attached garage.  6 stalls, a feed/tack room/ kennel and one of the BEST features is that there is so much water!  There is a private well and 5000 gal storage tank and City water to site.  Take the tour of 42605 Byron Pl., below..

 

PGA West, La Quinta finishes updates!

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PGA West, La Quinta

PGA West in La Quinta; newly renovated.

PGA West, La Quinta finishes updates! “The Western Home of Golf in America™,” announces the completion of its multi-million-dollar, three-year restoration initiative across its three acclaimed Pete Dye-designed resort courses. This iconic 2,000-acre golf destination now has it’s revitalized courses to offer it’s owners and visitors.  Call local resident/agent, Kim Kelly to check out PGA West in La Quinta-760-285-3578.  (This information courtesy of Palm Springs Tribune)

This investment from its new owners, Hankuk Industry led by Chairman Shin II Yoo, which owns golf courses throughout the United States and Japan, and Century Golf Partners, an established operator of high-end clubs and resorts, showcases their commitment to ensuring PGA WEST remains best-in-class within the golf industry.

To restore the Pete Dye-designed Stadium, Mountain and Dunes Courses to their original splendor, PGA WEST enlisted noted golf course architect Tim Liddy, ASGCA Fellow, who collaborated closely with Pete Dye for nearly three decades.

“The goal of this restoration project was to bring the courses back to their original conditions as Pete Dye first conceived them, while also upgrading elements for enhanced playability and sustainability,” says PGA WEST Executive Director Ben Dobbs. “We are thrilled to showcase the results of each renewed course, offering an unforgettable experience for golfers of every skill level while solidifying PGA WEST’s standing as one of the top golf destinations in the world.”

Liddy likened this project to an exciting archeological dig, uncovering the original aspects of the greens and bringing them back to their earlier beauty and contours. The restoration was handled with great care and precision to reclaim the visual impact that had been lost. The work was performed by carefully hand digging around the bunkers and greens to unearth the original sand lines. Turf was then removed, as well as layers of organic material that had built up over many years.

In addition to the Pete Dye course enhancements, PGA WEST added several new world-class amenities across the property as part of the continuing revitalization project, including an extensive update to the Pete Dye Clubhouse. Open to the public, the clubhouse now boasts new event spaces and a revamped golf shop. Its centerpiece is a lively new contemporary casual restaurant called The Bunker Bar with soaring ceilings and impressive views of the Santa Rosa Mountains. The Bunker Bar also features two new state-of-the-art Trackman 4 golf simulators that offer a fully immersive, virtual golf experience for individuals and groups.

While five of its golf courses are open to the public, memberships at The Club at PGA WEST® and The Citrus Club offer several unique privileges. Members enjoy an array of year-round recreational opportunities, including exceptional golf, tennis and pickleball, outstanding dining options, family events, and vibrant social and cultural activities.

For more information, please visit www.pgawest.com.

Real Estate maybe’s for 2025?

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Coachella valley real estate

Real estate thoughts for 2025

Real Estate maybe’s for 2025?  Despite what some realtors think, none of us have crystal balls, and there is no way to be totally accurate.  The following are four interesting takes on the 2025 upcoming market from Zillow Premier Agent blog.  Anything that makes us think, and consider possible options is valuable!  If you are looking to buy or sell in the Coachella Valley, give local realtor, Kim Kelly a call at 760-285-3578.

  1.  Mortgage Rates:  There was a short lived dip over the past 2 years, before the October rise, created some optimism and sales.  2024 was pretty tight on inventory, and Zillow predicts a more active housing market in 2025, with buyers having more of an upper hand.  Some signs point to rates easing in 2025, but as we saw in 2024, rates rarely do what’s expected!
  2. Housing market Activity:  Predictions are that it will pick up.  There will be modest home value growth, the same as 2024.  Zillow predicts 4.3 million in coming sales for 2025, up slightly from 4.1 mil in 2023, and a projected 4 mil in 2024.
  3. Buyers Market Predictions:  According to Zillow’s market heat index, most buyers markets right now are in the Southeast.  Predicted buyers markets will spread to the Southwest in 2025 as inventory continues to rise.  However, if I rates fall amore than expected, that will dim the prospects of a Southwest spread.
  4. Housing types:  Americans are really embracing small home living.  The pandemic era need for more and more space is over.  Home buyers will increasingly lean into smaller homes as a more sustainable, affordable and desirable way to live.

Predictions are just that..predictions!  Zillow does fabulous market research, and research helps us understand what is happening, or may happen.  Gather your information, but ultimately, buy a property if and when you are ready, and find that ONE!

 

 

Coachella Valley Real Estate update

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Coachella Valley real estate update

Just another beautiful day in the Coachella Valley!

Coachella Valley real estate update:  Inventory is up, days on market are up, medium sales price is also up in our Coachella Valley cities.  Total sales are however, down about 32% over last year.  (This info courtesy of the CDAR, which is the California Department of Real Estate).  Call local agent, Kim Kelly for info on your home value, 760-285-3578.

The Coachella Valley Real Estate Summary

PRICES: Prices have begun their seasonal rise. The median price of a detached home in the Valley increased for the first time in six months. It ended November at $634,990, which is $15,000 above last year. The median attached price ended November at $447,000, which is $8,000 less than last year. Year over year price changes in detached homes range from a gain of 11% in Indian Wells to a decline of 7.6% in La Quinta. Gains of the average size attached home range from 15.4% in Desert Hot Springs to minus 3.4% in Indio.

SALES: When you take out seasonality, sales are running 32.1% below normal. The three-month average in November was 472 units compared to 477 units a year ago. In most cities, sales are comparable to year ago levels. Only the cities of Rancho Mirage, Coachella and Indian Wells have sales measurably less than last year. Dollar sales in November were $365 million, which is 3.4% below last year.

INVENTORY & “MONTHS OF SALES” RATIOS: Inventory is back to normal. On November 1st, Valley inventory was 3,187 units, which is 869 units higher than last year. We haven’t had inventory over 3,000 since 2020. The Valley’s “months of sales” ratio was 5.3 months, which is 1.5 months more than last year. We see consistent ratios between 5.5 and 7.0 months in most of the nine cities. The ratio in Indian Wells is now the highest at 15.3 months.

DIM: Selling times are coming down as the median selling time dropped for the second time in nine months. At the end of November, the median number of “days in the market” in the Coachella Valley was 43 days, which is only seven days more than last year. The city of Desert Hot Springs has the lowest average selling time at just 34 days. This is followed by Indian Wells at 35 days and Indio at 41 days. Rancho Mirage has the highest median selling time at 53 days.

PRICE DISCOUNTS/PREMIUMS: Price discounts are back to normal. Currently, detached homes are selling at an average discount of 2.1% compared to 2.1% a year ago. Attached homes are selling at a 2.6% discount. Coachella, Indio and Cathedral City have the smallest selling discount at 1.4% while Rancho Mirage is selling homes with the highest average discount of 3.4%. The percent of homes selling over list price is 15.0%. This is 1/2% less than last year.  Take a tour of this gorgeous 9.8 acre date farm in Coachella, CA. 

Bermuda Dunes Estate; Coming Soon.

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4 acre estate property coming soon in Bermuda Dunes. This one is a WOW!

Bermuda Dunes Estate; Coming Soon.  I am so excited with this incredible new listing coming end of 2024.  4 acres in Bermuda Dunes is rare. Currently used as a polo pony retreat, this estate is going to make it’s next owner VERY happy!  Call Kim Kelly for more information at 760-285-3578.

Not only do you have 4 fenced and irrigated acres, , you have an amazing 5700 sf custom home built in 1984, and updated over the past several years.  The pool and spa and outdoor entertainment areas invite family gatherings or huge parties!  There is an attached 3 car garage at the end of the long, tree lined drive.  The drive ends in a circular return which makes it easy to maneuver large rigs in and out.

As it is zoned now, (R-1, 12000), a new buyer could add an attached ADU and a detached home.  For a developer, should that be the new buyer, Land use is MDR, medium density residential, so the zoning could be changed to allow for 2-5 units/acre with lot sizes ranging from 5500 sf to 20,000 sf.  This estate is magical as it sits, and also has future development potential.

Looking north over the estate.

Coachella Land for sale; new listing

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11 acres on Calhoun/51st in Coachella

Coachella Land for Sale; New Listing.  $1,300,000.  Two contiguous 5.5 acre parcels for a total of 11 acres located at Ave. 51 and Calhoun St. in Coachella, CA.  Very unusual offering here in the Coachella Valley.  51245 Calhoun/51317 Calhoun are the addresses of these 2 parcels, and there is direct access to the property from Calhoun St.  If you are looking to buy or sell a home, land or equestrian property in the Coachella Valley, give Kim Kelly a call at 760-285-3578.

Currently zoned  EDR, Estate Density Residential, and the views are gorgeous of the Western mountains, so it would be a perfect setting for a large estate.  The great news is that these parcels are in Indio’s sphere of influence, and the annexation application has been submitted.  With Riverside County’s LAFCO approval, proposed zoning changes will be for RE, residential estate, which allows for 0-2 du/acre, so with 2 homes/acre, it might be a great investment!  This new zoning change will not happen until approval, but at least the process has begun.

There is an ag water on site; it was permitted in 2008.  There is a sewer line and water line

Electricity to site. Ready to go!

in Avenue 51, approx. 1300 ft. from this property.  Electricity is to site.  Give me a call if you’d like more information, and just take a drive by and see this property for yourself!

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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.