The Coachella Valley Music & Arts festival has two sides to it.
Coachella Valley festival is consumer madness. So I went to Target on Friday! What was I thinking??? When you live here in the Coachella Valley year round, it’s easy to forget when the festival starts. Guilty. There were literally lines around the side of the store in the WILL CALL line. Then inside the store were more lines for IV hydration, and a make up booth, both with long lines. Wow! But the other thing I experienced was how happy, friendly, laughing and excited everyone in line was. The energy and smiles are infectious, and the outfits are fabulous! For me, the Coachella Festival was perfectly captured in this experience. Local resident and agent, Kim Kelly, can help you buy or sell your Coachella Valley property, 760-285-3578.
In todays LA Times Business section, there was a great article about how brands cash in on the Consumer wonderland, which is known as the Coachella Valley Music and Arts Festival. These next 3 weekends are power house sales weekends for local merchants, owners of short term vacation rentals, and event sites. As a local, it is a pain to deal with the additional traffic the festival brings in. I have to take a completely different route to the East Valley to ride, or to show land or farms, and I simply do not go grocery shopping unless there is zero in the house. BUT, I and the rest of us locals, completely get how important the festival is to our local economy.
I deal in multi acre event and equestrian sites throughout our Coachella Valley as well as houses of course. There haven’t been many deals in the multi acre sites, but I have noticed a huge decline in inventory overall in the past 6 months or so. The festival grounds on their own are special..and huge. Buyers looking for STVR properties are being very selective, and negotiating hard, often based on the past 2 years books associated with the property.
I suspect it’s part of the Coachella Valley festival party mentality to have a blast while in town, and also to absorb the amazing desert landscape and views. I’ve met many buyers over my 25 years as a realtor here in town who literally got interested in the valley because they drove around during the day before hitting festival to party! Take a look at this amazing 35 acre date farm and processing facility in Coachella Valley.
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52 and Van Buren, a short jog or golf cart ride to Festival grounds.
Coachella Valley Festival traffic is always a challenge! I live here year round in La Quinta, sell real estate in all 9 desert cities, and keep my horses in Coachella, so I need to plan my attacks during festival. The first weekend of the festival is over and I am happy to report that our local roads were congested to be sure, but also flowed to keep people moving along. This is the Festival Map provided by the City, which helps to orientate you.
The roads are clearly marked here in the desert, so pay attention. There are quite a few traffic roundabouts in the desert valley, which are very successful in keeping traffic slow and moving. You will run into one on Jefferson and 52, and again on Jefferson just in front of the Hideaway Golf Club.
Homeowners that live near Coachella Festival grounds, such as at Rancho Santana, anywhere on Avenue 49, The Citrus Club, Tradition and Hideaway, are all issued passes, and if you go to the stores, or restaurants fairly early, you’ll be fine. I’ve asked local restaurant owners if they saw large influxes of clients. Old Town La Quinta, says quite the opposite..people stay away for the weekends of festival. Marios on 50/Jefferson says it’s just normal numbers. Take a look at this potential Short Term Rental investment property, known as Pineapple Hill Retreat, offered at just $1,650,000.
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City of Coachella has some really original properties for sale!
City of Coachella Update: The City of Coachella is changing..rapidly. The recognition of the City name has been a huge influencer, and mostly due to the world famous Coachella Music Festival, but new things are shaking in Coachella. If you’re thinking of buying or selling, contact local Realtor, Kim Kelly at 760-285-3578.
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Just Listed! 54521 Calhoun, Thermal, CA. $450,000
Coachella Festival Deals! If you’re visiting the Coachella Valley for the Music Festival, (or just some fun in the sun), take a little time to check out the Coachella Festival real estate deals! If you’re looking for something that’s unique, perhaps a bit larger piece of land, maybe checking out the Equestrian deals in the Valley, Looking for a potential Music Festival lease income property, give local realtor, Kim Kelly, a call at 760-285-3578.
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Coachella Music Festival grounds are larger and even grander!
Locals and the Music Festival!! As with all relationships,there is a yin and a yang to the three weekends of the Coachella Music Festivals. The first two bring in current superstars, future hopefuls, and recent New Musical discoveries in the Coachella Music Festival. The only difference this season was the SIZE of the Festival..the city approved a newly enhanced limit of 125,000 people. The grounds themselves were larger too. All this was FANTASTIC! But…increased traffic, increased litter, long waits, detours to stay away from the busy streets..some inconveniences for us locals.
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PGA West TURNKEY home on the fairway for sale; $1,450,000
Summer Sales are Sizzling in the Coachella Valley! I know it’s not because the air temperatures have cooled down because we are pretty much guaranteed triple digits every day. I suspect it’s more a leveling out of all the negative news from the first quarter of 2016..crashing oil prices, Asian Stock Market crash, Canadian dollar crash, and we cannot forget that it’s an election year. All these things combined to help buyers put on the brakes for the first Q of 2016. The second Q was smokin however, for our Coachella Valley summer sales, and the third Quarter summer sales are starting out the same. Desert Home Sales jumped approx. 12% in June. I’m finding that all my listings are getting activity, or are in escrow, from the ultra affordable Condos below $100,000 – luxury Equestrian estates at 3-4 million. With Loans lower than ever (thank you Brexit!), it’s a great time to buy the Coachella Valley, give me a call at 760-285-3578.
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La Quinta Estate slashed by a half million dollars!!
Luxury La Quinta Estate has been SLASHED in price! Sellers are relocating and must sell this year! 55775 Monroe St., is a Luxury 4+ acre Estate on the Eastern border of La Quinta. Double gates off of Monroe make it serene, private and secure. Somebody is going to get a GREAT deal. Looking for a killer Event venue near to the International Polo fields for Coachella Music Festivals? The possibilities are only as limited as your own imagination..local realtor, Kimberley Kelly, thinks this is quite possibly one of the classiest pieces of land available in La Quinta. Call for your personal tour today..760-285-3578.
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The Coachella Music Festival has added Desert Trip for Fall 2016.
The newest Music Festival to be added to the Coachella Music Festival line up is Desert Trip. So what’s the big deal?? Another Music Festival in Coachella..what’s the big deal? Well it DOES matter, and it IS a big deal! This will be the first time a Fall Music Festival will be held at the Polo grounds in Indio, CA. Two weekends of staggering shows have come together, and tickets were snapped up immediately! A fall Music Festival, that is very different from the Coachella style, will be another boost for the entire Valley, states Kimberley Kelly, local Realtor.
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55775 Pebblebeach at PGA West, La Quinta, CA.
The Stadium Course at PGA West in La Quinta, California, is the site of this spectacular Custom Home! Kim Kelly, Coachella Valley Realtor, says this incredible property will be Available to tour after the Music Festivals, This Lake front property is as unique as it is functional. Offering approx. 4,600 sf., 3 bedrooms/4 bathrooms in the main home, PLUS very large detached Casita with kitchenette. A circular driveway and a triple car garage provide plenty of off street parking for your guests, and when they pass through the custom, wood carved entry gate into the beautiful courtyard, they’ll feel like they’re truly on vacation. Call Kim Kelly, Coachella Valley Realtor, to set up your personal tour..760-285-3578.
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Coachella Music Festivals Fall Events???
The Coachella Music Festivals in Indio, California look very likely to add a few more Fall events to their Festival schedule. Fall events could help our Coachella Valley expand the tourism season a few more months, and attract even more visitors to the Valley. Because I sell Condos, Homes, and Farms, which are often used as Luxury Lease properties during the Festival times, this makes even more sense to Buyers! If you are thinking about purchasing an Investment property, that could be used as a Lease property during the Festivals, give me a call at 760-285-3578.
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