81850 Mountain Spur Dr., La Quinta
81850 Mountain Spur Dr., La Quinta. OPEN HOUSE: Sunday 9/29 12 – 3 pm. $2,599,000. Just listed in the gated, non golf course community of Rancho Santana in La Quinta. The entry gate is located off of Avenue 52, just West of Monroe St. 5 bedrooms/5.5 bathrooms, built in 2022, this estate home is practically new! Stop by, tour, and write an offer! If you are looking to buy or sell in La Quinta, give local agent, Kim Kelly a call at 760-285-3578.
81850 Mountain Spur Dr. Home Amenities
- Built in 2022. The sellers did not buy this home to flip it. They invested approx. $150,000 into the property, and due to health issues, must sell. The home has scarcely been lived in, and feels brand new.
- Approx. 4400 sf. This home is open, light, easy flow floorplan that encourages your family or guests to move easily from entry to great room to kitchen to dining, and out to the outside. 5 bedrooms and 5.5 bathrooms, including an attached and detached Casita!
- Detached Casita. Always a popular feature in our Coachella Valley, especially when your home is near the polo and festival grounds. Approx. 568 sf with 2 rooms, a walk in closet, ensuite bathroom, and a service bar with undercounter frig.
- 23,000 sf home site. The large parcel allows for landscaping ideas of your own, although the sellers have had a private bocce ball ct. added, a raised herb/flower garden on the East side, and a Zen walking garden on the West.
- Pool/spa: Over sized saltwater pool with beach entry. The waterfall spa is 7 ft. x 7 ft.. Western mountain views from the pool and the spa.
- HOA: $186/month. The HOA is low, paid monthly, and includes gated entry and common area maintenance. Dog park, walking paths, bocce ball ct. are part of your common areas.
Take the tour below, and stop by the open house Sunday 9/29 from 12-3 pm..
La Quinta; Coming Soon
Estate home coming soon in La Quinta.
La Quinta; Coming Soon: If you have been looking for a new, large, open, light, property in La Quinta, near the festival grounds, low HOA, and what a floorplan! The sellers have to sell and move out of state due to medical issues. They have made this home so special, and the next owner will be very lucky! If you are looking to buy or sell in the Coachella Valley, give Kim Kelly a call at 760-285-3578.
Property Details
Address: 81850 Mountain Spur Dr., La Quinta. Located in the Estates division of Rancho Santana, on the very southern border of the community. This home will be active in 2 weeks. Pictures and video will be produced by Busch Media next week. We will be offering this estate home for $2,599,000. Furnishings available.
Home Dimensions: This home was completed in 2022. It is approx. 4400 sf and features 5 bedrooms and 6 bathrooms, including both an attached Casita, and a 2 room detached Casita.
Home Features: This is a very open floorplan, and one of the most user friendly, functional layouts I’ve seen. Great room, large open kitchen, large laundry room and walk in pantry on the West side of the home, which opens to the gorgeous 3 car garage. On the East side of the home is a Primary, with an enormous bathroom and large dual walk in closets. There is a powder room outside and then the 3 over sized guest rooms. Each guest room features an ensuite bathroom, and walk in closets! One of them also opens to the interior courtyard (this is the attached casita) The 2 bedroom detached casita is in the backyard, and it is gorgeous!
Looking over the pool to the detached Casita.
Lot & Location: This is an enormous lot; approx. 23,000 sf! What is really unique about this particular lot is that there are no neighbors across from the front of the home, and the backyard perimeter wall overlooks a common area/walking trail, so no neighbors to look into the backyard. The large pool/spa with beach entry offers sun all day and Western mountain views. There is a full size Bocce Ball court with seating areas on each end.
If this might interest you, give me a call at 760-285-3578.
The summer of waiting
The summer of waiting here in the Coachella Valley.
The summer of waiting. I thought it was just the Coachella Valley, but now at the end of the summer, it’s clear that it is not a localized phenomena. Buyers and sellers alike are “waiting” For what? I’m hearing they’re waiting for the election to be over, for I rates to come down, for more inventory to come on. Guess what? If all the buyers and sellers are waiting, won’t that mean there will be more buyers coming out at the same time, competing for more inventory yes, but our inventory is so low, and buyers tend to focus on the same things out here in the desert. Hmmm..I have no idea what’s going to shake out, but it just feels strange. Local agent/realtor, Kim Kelly 760-285-3578.
Most of my out of area buyers believe there will be a deluge of inventory here in the Coachella Valley. That will mean they have more choices, and that the sellers will be more motivated to give them a “deal”. I sure hope they are right. From my point of view as a local realtor for 23 years, it means that the properties with the great locations, sun exposure, good floorplans, at the club or local area they want, will still be the ones the buyers are chasing. Those sellers will not have to lower their prices.
Local sellers are choosing to hold back their properties until I rates go down and the elections are over, because they believe there will be more buyers competing for their properties. They are probably correct. We are a seasonal locale, and buyers are pretty much looking for the same product. The good ones always sell! I don’t know what the solution will be, but I suspect 2025 is going to come out roaring in the real estate industry. Take a look at this home in the La Quinta cove that will be available in mid October.
Three iconic golf courses in the Coachella Valley
Iconic golf courses in the Coachella Valley
Three iconic golf courses in the Coachella Valley. We have a bunch of golf courses scattered throughout the Coachella Valley, I think about 120 of them! Good grief! So I thought I’d take the time to remind us of just three of the more iconic golf courses in our gorgeous Coachella Valley. If you are looking to buy or sell here in the Coachella Valley, give local agent, Kim Kelly a call at 760-285-3578.
- Thunderbird Country Club: Let’s give credit where it’s due. From Frank Bogarts’ dude ranch called Thunderbird Ranch in the mid 40’s, to what is now known as the home of Coachella Valley golf. Opened in 1951 it is rumored to be the first Country club to offer home sites for sale as well as the introduction of the motorized golf cart! Homes from approx. 1.5 to 6 mil.
- Tamarisk Country Club: Located in Rancho Mirage, and opened in 1952, the name is drawn from the indigenous Tamarisk Trees. Founding members were Jack Benny, George Burns, Danny Kaye, and 4 of the 5 Marx Brothers. Frank Sinatra lived the last 4 decades of his life at the club. Homes at the club range from approx. $700,000 to $5 mil.
- La Quinta Country Club: Located near Old Town La Quinta, and the La Quinta Hotel and Spa, this iconic club, opened in 1959. Offering condos and single family homes, it is now a private equity club. Condos from approx. $600,000 and single family homes from approx. $700,000 to $4 million.
Land and Farms for sale; Coachella Valley
Land and Farms for sale in the Coachella Valley.
Land and Farms for sale; Coachella Valley. The summer heat has peaked here in the Coachella Valley, but the high season, fall and winter, is just around the corner. Land, farms, and development opportunities abound in our valley, so if you are looking to buy or sell here in the Coachella Valley, give me a call at 760-285-3578.
Land values have increased, but there are still good buys, especially in the eastern part of our valley, Coachella, Thermal, Vista Santa Rosa. Those cities are really booming. There used to be alot of land parcels in Indio, north Indio, Bermuda Dunes, and even northern Rancho Mirage, but not much any longer.
There are multiple projects underway and they are pushing further East. Every time a developer gets a project approved, the surrounding land values increase, and open land and equestrian farms are pushed further East. But..that’s great because the new HITS showgrounds are Easterly of old hwy 86.
I have a 10 acre farm off of Filmore for sale for $3,000,000. 12 stall barn, track, lit arena, multiple turnouts, a few minutes from the showgrounds, and a grooms quarters too!
I have a 20 acre farm in the same general area that has multiple turnouts, no house, but RV spaces, and a tackroom. Large grass exercise area. Very close to the showgrounds.
Vacant land is available priced from $20,000/acre to approx. $80,000/acre.
La Quinta Cove; coming soon!
Coming Soon! Beautiful street presence in La Quinta Cove.
La Quinta Cove; coming soon! Available mid October, this cosmetic fixer on a double, corner lot in the La Quinta Cove won’t last long. Sellers have been part time users and the home is well maintained. If you are looking to buy or sell in the Coachella Valley, give local agent, Kim Kelly a call at 760-285-3578.
The sellers have taken good care of this property, and we had a pre list home inspection done and any issues addressed. It is a cosmetic fixer, meaning paint, stucco patching, new carpet. Approx. 1350 sf, built in the early 70’s, with 3 bedrooms and 2 bathrooms. The primary bedroom has an ensuite bathroom, and sliders that open directly to the outdoor entertainment/pool area. The second bathroom is shared by the other two bedrooms. There is a living room to the left of the entry as you come in, and a formal dining room to the right. The kitchen is centrally located and bright. The price will be les than $675,000.
The home sits on a corner parcel that is just over 10,000 sf. The south facing backyard has a lovely pool with spectacular mountain views, and plenty of areas for outdoor dining. Mature trees create privacy from the neighbor on the south. Beautiful, serene and private.
Take a backyard walk tour of the pool and family area. Gorgeous Western mountain views as it sits, but if you want more views, remove some trees. However, the trees are mature and provide privacy and shade, so it’s a toss up!
Palm Springs STVR Violations
The Movie Colony, one of Palm Springs iconic neighborhoods
Palm Springs STVR Violations: The STVR market is softening. Why? I believe there is too much inventory and therefore too much competition. In Palm Springs, as with all our Coachella Valley cities, bigger, better, more amenities, more parking, groovier furniture, the pressure on an STVR owner never ends. People who abuse the short term vacation rental rules in each of our Coachella Valley cities, run the risk of citations, and fines. If you are looking to buy or sell in the Coachella Valley, give local resident/agent, Kim Kelly a call at 760-285-3578.
The Palm Springs board meets and hears appeals every month for violations of the short term rental ordinance. This ordinance is a strict liability law. Citations are most often issued in one of three areas.
- Failure to obtain a license for short term rentals. ($5,000 fine and a permanent ban on renting short term in PS)
- Failure to submit a summary of the rental contract before renting the property. ($2,500 fine and a 6 month suspension of their rental certificate.)
- Failure to observe the city’s noise ordinance.
If you wish to appeal a citation, the city fee for appealing is $911, non refundable. Rarely are appeals won. The ultimate responsibility is with the homeowner. Many cases involve a renter subletting on a short term basis. The leasee is guilty, but by law, the homeowner remains the culpable party.
If you are considering a STVR in Palm Springs, be clear on the law and the regulations!
Should I list now??
Should I list my Coachella Valley home now, or wait?
Should I list now? A good client and friend of mine has decided to sell..but when? The Coachella Valley, like many real estate market right now, is sitting. What I mean is buyers are waiting, and sellers aren’t that flexible on their prices. If you are looking to buy or sell in the Coachella Valley, give local resident and agent, Kim Kelly a call at 760-285-3578.
Whether the market is a buyers market or a sellers market, the time you choose to list your property for sale depends on multiple factors.
- Do you need the money now, or can you wait?
- There is no crystal ball pointing to what will happen in the future. Your realtor, no matter how experienced, cannot predict what WILL happen. There could be a natural disaster, a war could break out; many things can influence the market.
- Review the comps carefully. How have homes like yours been moving in your area?
- In the current market, buyers are waiting. Two factors seem to be influencing their decision. The election and Interest rates. Boots on the ground, meaning lots of traffic through your house, may not be happening right now.
- If you decide to wait to list after looking closely at the market, understand that there is no guarantee the market will go up. It could just as easily go down.
In my local market, here in the Coachella Valley, price the property correctly, and the sellers still need to be open and flexible with offers. Our seasonal population starts arriving about mid October, so if you can wait for season, there will definitely be more eyeballs on your property. Price it right, be patient, and most of all don’t get insulted, but rather, respond to every offer!
Market Snapshot; Coachella Valley cities
Indoor outdoor living in the Coachella Valley!
Market Snapshot; Coachella Valley Cities: Time for a quick recap for each Coachella Valley city. Information gathered from the MLS, and it’s brief. Overall city inventory, median days on the market, and median list price. I have never put a ton of stock in the median numbers as they mean half above and half below, median in the middle, BUT if you follow these bi monthly snapshots, they do show some general info. on each desert city. If you are looking to buy or sell your land, house, or investment opportunity, call Kim Kelly at 760-285-3578.
Palm Springs: 315 homes in inventory. Down 9% DOM: 77, up 22% Median List Price: $1.29 mil, down 6%
Cat City: 114 homes, down 3%. Median DOM: 74, up 6% Median List Price: $600k, down 2%
Rancho Mirage: 167 homes, down 7%. Median DOM, 70 0% change, Median List Price $1.25 M, 2% down
Palm Desert: 211 homes, down 17%. 70 median DOM, up 11%, Median List Price $769k, down 3%.
Indian Wells: 38 homes in inventory, median DOM is 81, up 29%, Median list price of 2M, up 5%
La Quinta: 277 homes in inventory, down 7%. Median DOM is 70, up 25%. Median List of $898k, no change
Indio: 306 homes, down 7%. Median DOM 63, no change. Median List of $624k, down 3%
Joshua Tree: 188 homes, down 5%. Median DOM 98, no change. Median List of $497k, no change.
Take a look at this gorgeous 9.8 acre date farm in Coachella near to the new Travertine development: $795,000
Housing update; Coachella Valley
Housing Update; Coachella Valley: In just the past 2 weeks, the Coachella Valley home inventory fell by 29 homes or 1%. Demand decreased by 12%. With demand falling faster than supply, the Days on the Market for Coachella Valley increased fto 150 days, slowest level since Dec. 2022. If you’re looking to buy or sell in the Coachella Valley, local resident and agent, Kim Kelly can help! 760-285-3578.
(Courtesy of Steven Thomas, Riverside County Housing Report.)
