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 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.
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: 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 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! 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.
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.
Land & Farms in our East Valley are getting tons of attention as we roll into the 2017 season. Our International Equestrian venues are firmly entrenched in our Eastern Coachella Valley, but now there’s more. The Thermal Club on Avenue 62 in Thermal is a Car Owners dream. The Club broke ground in 2008, but it wasn’t until 2015, and 2016 especially, that car aficionados really took notice. Open to the Public with “Learn to Drive” packages and events, but also developing into a destination Event site with it’s Track side Villas, lifestyle living venues, and competitions. What else is driving the sale of Land in the Coachella Valley? Wonder what your Land or Equestrian property might be worth? Give me a call for your FREE consultation at 760-285-3578.
What IS an Equestrian Property Specialist??? Being a “Specialist” in anything usually means that person knows more about that subject than most of the rest of us do. To call myself a Short Sale Specialist, I had to get the required certifications, attend classes, but most of all…I had to List, negotiate and CLOSE dozens and dozens of Short Sales. I did. What does it require to call yourself an Equestrian Property Specialist? Years of experience with Horses first and foremost. There is simply NO way to learn about what a horse woman requires to maintain a horse properly, other than to live it. I made my living as a professional Polo Player for 18 years, basing my horse operations out of our local Eldorado Polo Club in Indio, California.
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.
Coachella Valley market update July. Just in the last 24 hours, I've seen a number of price … [Read More...]
A 30 year "Local" in La Quinta, I have been in the Real Estate
industry for 20 years. Experienced in
the Sales or Acquisitions of both Residential Properties, and Land. I have
a good feel for Industry Investments.
Land, Ranches or Residential, call me for your FREE property