Coachella Valley Real Estate By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!
Coachella Valley Properties By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!

Investment Property

Is it a good time to buy in the Coachella Valley?

84045 Van Buren St., Coachella

Is it a good time to buy in the Coachella Valley?  I’m very busy showing properties.  Buyers are definitely looking, taking notes and thinking about buying.  If a home is exactly what they are looking for in a specific neighborhood, or area, the HOA is ok, and the sun orientation is just right, they are jumping and there are still more than one offer if a property is priced below the comps.  BUT…if a seller is being adamant about a price, and that price is not reflective of the fact that there are less buyers, and the buyers are picky, that property will sit.  If you are looking to buy or sell here in the Coachella Valley, give Kim Kelly, local agent and resident for over 20 years a call at 760-285-3578.  I like this rundown by Kevin Budde, a mortgage consultant with Monarch Coast Financial.

                               A Good Time to Buy a Home


Our economy is entering a Goldilocks period. A time when the economy is strong, and inflation is low. This will be beneficial for our Spring and Summer housing market. I would like to explain.

The three components of our economy most critical to the Federal Reserve Board and their policies are the 1) GDP, Gross Domestic Product, 2) Inflation and 3) Employment.

Gross Domestic Product


The overall strength of the economy measured by goods and services produced started slowly in 2023 after finishing 2022 at 1.9 percent. The first and second quarters of 2023 were both 2 percent but grew quickly in the third quarter to 4.9 percent and the fourth quarter ended with 3.3 percent for a total of 2.5 percent in 2023. The economy was boosted by strong consumer spending, which makes up two-thirds of the GDP. Since the economy is strong and inflation has come down, consumers have been spending on goods and services that no longer carry premium pricing.



During the Pandemic, the supply chains closed limiting inventory of products quickly pushing prices higher for those items that were available. In 2021 the inflation rate was 7 percent; 2022 it was 6.5 percent both well above the Fed’s target range of 2 percent. The Fed’s actions raised interest rates to 23-year highs. The inflation rate in 2023 ended at 3.4 percent and the fourth quarter reported 1.7 percent, below the Fed’s target. The deceleration rate of inflation is one of the most rapid in U.S. history.



Employment has remained strong with job growth in 2023 averaging 232,000 new jobs a month. In 2022 the unemployment rate was 3.5 percent and 2023 was 3.7 percent. When consumers feel their job is secure, they are willing to buy houses.

Where are Interest Rates Headed?


When the Federal Reserve Policy Board meets January 30-31, they will leave rates unchanged even though many economists have been predicting the beginning of the cuts in rates. Inflation alone would justify cutting interest rates but the Fed fears by lowering the rates too soon it could stimulate the economy and cause inflation to increase. With all the increases in rates the Fed has made over the last two years, we will begin to see more slowing in the GDP, and an increase in unemployment as companies have begun layoffs. In the second and third quarters of 2024 mortgage rates will most likely be one percent lower than where they stand now, bringing the 30-year fixed to 5 percent.




Coachella Commercial corner parcel for sale!

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




Just listed in Rancho Mirage

25 Victoria Falls Dr. at Victoria Falls in Rancho Mirage, CA

Just Listed in Rancho Mirage:  Beautifully maintained single family home located at the gated non-golf community of Victoria Falls.  Originally built by Peter Soloman, Victoria Falls is centrally located in our desert valley, near the 10 Freeway, at the corner of Bob Hope Dr. and Gerald Ford.  The city of Rancho Mirage offers upscale dining, parks and walking paths, a beautiful library, and is right in the middle of our valley.  If you are looking to buy or sell in the beautiful Coachella Valley, give Kim Kelly a call at 760-285-3578.

Built in 2002, and coming in at just over 3,000 sf with 4 bedrooms and 3 bathrooms, this Duchess floorplan at 25 Victoria Falls Dr.,  is the perfect size.  The West facing back yard offers great light over the Pool and spa.  The rock waterfall cascades into the pool, creating a soothing sound and sparkling light affect; this is resort style  living in the desert!  The back yard is an oasis of carefully chosen plants, full grown trees, desert scape mixed with grass, multiple walking paths and conversation areas, an in ground fire pit and an outdoor cook station.

Covered outdoor cook station with BBQ, granite countertop!

The covered outdoor cook station includes a built in gas BBQ, granite topped counter, over head heaters, ceiling fan, and an electronic shade for dining as the sun sets.

The home has been remodeled with new flooring throughout and new carpet in the bedrooms, lighting, newer A/C units, pool heater and pump, water heater, and new cabinets in the kitchen and powder room.  The kitchen has gorgeous granite counter tops, new refrig., new Bosch dishwasher and direct access to the 2 car garage.  There is also a golf cart garage.

Low HOA’s of only $370/month include basic cable, gated entrance, front yard maintenance to the courtyard and basketball, tennis and pickleball court maintenance.  Victoria Falls is a lovely community!  Call Kim to make your appointment to tour this property today!  760-285-3578.  Take the video tour below..


Indio and short term Vacation rentals

coachella valley realtor

57300 Jackson St. 9+ acre estate with 2 homes in the County for sale!

Indio and short term vacation rentals:  The city of Indio here in the Coachella Valley is asking for reevaluation of the city policies regarding short term vacation rentals.  Most of our other desert cities have already increased their restrictions, and it sounds like Indio is next.  This is the main reason my multiple acre properties are demanding so much attention; especially if they’re located in the County!  Call Kim Kelly, local realtor for more information.  760-285-3578

Indio is discussing limiting vacation rentals to 30 days or less, reducing the number of renters/bedroom and more parking requirements.  The other desert cities have already changed their city short term policies as follows:

Rancho Mirage:  RM bans all short term vacation rentals except in HOA’s where permitted.

Cathedral City:  Most short term vacation rentals will be phased out by 2023.

Palm Desert:  There is an expanded ban on short term rentals adopted in January.  30 days or less unless the HOA allows it.

La Quinta:  There is currently a moratorium and no new short term vacation rental licenses are being issued.  It has been extended again into an indefinite stay.

I have seen a recent increase in demand for my vacant land, and also farms.  Multi acre properties in the County are increasing in value and selling!  Take a tour of this 9+ acre farm in a premier location.  Listed for 4.5 million, the farm is gated, secure, and offers a 5 bed main home, 7 car garage, casita, 3 bed/2 ba caretaker’s cottage and 2 barns with a total of 17 stalls.  And VIEWS!!


Coachella Valley real estate; is it cooling?

Coachella Valley luxury homes are selling at a rapid clip!

Coachella Valley real estate; is it cooling?  The Coachella Valley’s white hot real estate market has cooled in recent weeks, according to the Desert Sun.  That’s based on two indicators, median home price and total housing inventory.  Median home price dipped by 3% to $581, 500.  Total inventory rose to 836, up from a June low of 654.  Local realtor, Kim Kelly, 760-285-3578.

Here in the Coachella Valley, our summer is typically lighter in inventory than during the season.  So, that is nothing unusual.  Homes are sitting a bit longer, although luxury properties, one million and above, are continuing to be snapped up.  Land sales have slowed down, also typical of a desert summer cycle, and lower priced inventory is still incredibly low.  Last year, with the COVID pandemic, Coachella Valley real estate sales boomed, driven partly by all the buyers fleeing densely populated hotspots, like LA.  Inventory was pretty much wiped out, especially in the entry level price pint of $300-$400,000.

With the added influx of millennials entering the market as buyers, and the return to the office plans by many major companies being put off again, and perhaps permanently, it sure feels like we will continue to see record setting sales here in the Coachella Valley.  Take a tour of this fabulous luxury estate located at 52450 Monroe St., Indio.  Approx. 10 acres with 4 homes, a private lake and waterfall, a barn, orchard and a 5 hole pitch and putt golf course. Available for $9,500,000.



What’s up Coachella Valley???

Nothing like coachella Valley land as seen from horseback!

What’s up Coachella Valley???  Our Desert is heading into summer, which means the local desert Rats are burrowing in to withstand the heat.  But.. that doesn’t mean there aren’t any deals going down.  For those buyers looking for deals, sometimes the summer can be the answer.  Sometimes.  Many sellers pull their properties off the market during the summer, and others decide they are NOT carrying their property any longer and slash their prices.  If you want to know what’s going on in the real estate world of Coachella Valley, Call Local real estate expert, Kim Kelly at 760-285-3578.


Our Eastern Valley Coachella Paradise

Our amazing Eastern Coachella Valley..

Our Eastern Valley Coachella Paradise:  The beautiful, open, peaceful Eastern Coachella Valley is experiencing a renaissance.  I am showing and selling Homes, Homes on small land parcels, homes on larger parcels, working Farms, and Vacant Land Parcels in our Eastern Cities.  Indio, Coachella, Thermal, and Vista Santa Rosa are not new to us lucky Locals, but they are just being discovered by visitors, vacationers, Equestrians, and farmers ans developers.  If you want to get in on the Eastern Coachella Valley explosion, either as a buyer or seller, give me a call at 760-285-3578.


Vista Santa Rosa; Eastern Coachella Valley

Vista Santa Rosa offers Land & Equestrian Properties for sale, and PEACE for free!

Vista Santa Rosa; Eastern Coachella Valley.  When people come to our beautiful Coachella Valley, most of them know the Desert cities named Palm Springs, La Quinta, Rancho Mirage, Palm Desert, Indian Wells, Cat City, Indio, and some even know about Thermal and Coachella in our East Valley.  Vista Santa Rosa, an unincorporated area of approx. 20 sq. miles in size, is a special part of our Eastern Coachella Valley, and it is a rare occurrence that visitors know anything at all about the unincorporated Policy Area called Vista Santa Rosa.  

The VSR (Vista Santa Rosa), community was recognized by the County Board of Supervisors in 2001. Community boundaries extend from Avenue 50 on the North, Monroe on the West, Harrison St. on the East, and Avenue 66 on the South.  VSR is adjacent to the Cities of Thermal, Coachella, Indio and La Quinta.  It is also connected via trails to Lake Cahuilla, and Torres-Martinez Tribal Lands.  The area is an important producer of Date crops, and Rural Residential ad uses are prevalent, with an emphasis on Equestrian Lifestyles.  (Courtesy of Co. of Riverside General Plan)

Within the Vista Santa Rosa Policy Area, the minimum Lot size in the Agricultural designation is 5 acres with 2 dwelling units/Acre, and 5 horses/acre.  The Community Development Overlay area allows for conversion of farm land to other uses, with an overal density range within this overlay area of 1-3 dwelling units/acre.  It is an incredibly beautiful part of our Coachella Valley, which will remain largely Equestrian and Ag, with thoughtfully approved areas of larger density developments.  It is also attracting buyers!  Here are examples of some of the land/Equestrian Listings available today:

  • Organic Date Farm grounds:  Approx. $800,000 for 20 Acres to approx. $23 million for 1,483 Acres
  • Vista Santa Rosa Land Parcels:  Range from approx. $32,000/acre for raw land to approx. $110,000/acre for farm land nearer to La Quinta.
  • Equestrian Homes:  Hard to find!  Take the tour of 51600 Jackson St. below.  $1,649,000 this 5 acre farm has a custom home and guest quarters.  Fixers can be found for approx. $500,000 on an acre of land to a custom estate on 20 Acres, listed at $5,9 million!




Desert DEALS..Coming Soon!


4.7 Acres, fenced, paddocks and TWO houses!!

Desert DEALS..Coming Soon!  I’ve got some really great properties coming For Sale in the next two weeks.  Looking for the very RARE opportunity to own a small Horse Farm with TWO lovely homes on it??  I’ve got it!  Looking for a Fixer in a reasonably priced Country Club, with very low HOA?  Check and Check!  Properties are in demand for 2018, and inventory is low in ALL price points here in the Coachella Valley.  If you’re looking for a spectacular opportunity, give me a call at 760-285-3578.


Investments in Coachella Valley

Wide Open Spaces in the desert city of Thermal, CA.

Wide Open Spaces in the desert city of Thermal, CA.  Investment Opportunities abound!!

Investments in Coachella Valley. Why?  There are all kinds of investment vehicles that a person can use as a means to increase wealth, increase security, and maybe just to put their money into something tangible.  We’ve all been told at one time or another..there’s only so much land. When the land is gone, it’s gone.  The Land in our beautiful Coachella Valley is no exception to the rule.  When it’s gone, it’s gone.  Right now is a great time to think about buying your own piece of land in one of our beautiful Eastern Coachella Valley cities, Indio, Thermal, Coachella, and Vista Santa Rosa.  If you’re thinking of buying or selling Raw Land, Farm Land and Equestrian Properties, give Kim Kelly a call at 760-285-3578.