It doesn’t matter if you love snow-capped mountains or the desert, there are potential properties for second homes that can meet a wide range of budgets. Whether your dream is to find Palm Springs homes for sale, La Quinta real estate properties or something on the other end of the spectrum, such as a ski cabin or beach house, there are many benefits to owning a second residence.
When you choose a region that is popular among vacationers, those areas typically retain their value and can often times yield nice long-term profits if you plan to resell later on. For example, if you choose a desert property in the Coachella Valley, there is usually only a certain amount of area to build upon, so the chance of demand for Palm Springs homes for sale to increase over the years is pretty likely. While there is no guarantee that real estate prices won’t fluctuate over time, resort-like towns tend to maintain value overall.
There are also some tax advantages that behoove buyers of second homes. If you plan to leave the property unoccupied when you’re living in your primary residence, the interest on your mortgage and property taxes are deductible.
If you do decide to rent your second home during the time that you’re not there, you may be able to deduct operating expenses such as utilities, cable, maintenance, housekeeping and management costs. Many owners of La Quinta real estate rent their homes to snowbirds during the times they’re not personally enjoying the sunny weather, as those peak season rates can create a pretty nice profit margin. Often times, one week of rental income can equal an entire month’s mortgage.
image source: theminimalistmom.com
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La Quinta has golf communities and more!
The La Quinta real estate market has specific appeal to a particular demographic—but it’s not just retirees. With its vast array of golf course homes, gated and non-gated communities to choose from, this luxury market is in high demand. Both sales and inquiries rose this summer and with low interest rates in place, the trend looks like it will continue for this resort area.
If golf course or country club properties are not what you’re looking for, there are still many beautiful neighborhoods in the La Quinta real estate market. In general, the properties tend to have a newer architectural look, giving the resort city a charming yet modern overall feel.
In addition to the city’s spectacular golfing, there are amazing shopping and dining options, as well as a multitude of outdoor activities, including tennis, cycling the Bear Creek Trail or stunning hikes in the San Jacinto and Santa Rosa mountains. It’s easy to understand why La Quinta appeals to residents and visitors of all ages!
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La Quinta Fairways entry gate
Location is everything, right? When you are looking for a reasonably priced single family residence in the city of La Quinta and it has to be gated..consider La Quinta Fairways.
Located off of 50th in La Quinta, this RJT built community is lovely. Homes were built in early 1990’s,and offer both quiet, interior locations and also fairway homes. The low HOA of approx. $220/month includes front yard landscape and guard manned front gate + trash pick up. The fairway is part of the Mountain Course at the La Quinta Hotel and Country Club. Golf Membership is available through that club which is just down the street.
About 5 minutes from charming Old Town La Quinta, this quiet, friendly community offers both full-timers as well as seasonal home owners a secure place to call home.
Home prices range from approx. $275,000 to approx. $650,000.
If you are looking for a nice sized home in a gated community with manageable HOA’s..consider this to be one of your best choices in La Quinta…La Quinta Fairways.
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Another Short Sale approved Today in La Quinta at 52255 Avenida Obregon !!!
This home has
3bdr/2ba, 1,414 square ft. . . . Enclosed front courtyard on this charming, clean, well-designed home
in the La Quinta Cove. Separated family room, very large kitchen with eat area, and a master bedroom that is opposite the two guest rooms and bathroom. Good flow! The laundry area is in the finished double garage. Fans throughout, beautifully maintained and very welcoming. The backyard is lush, green, cool, and has Western mountain views. There is even a storage shed in the backyard.
Short Sale was Listed to Acceptance . . . 81 days !!! Chase was the Lender.
Approximate note value of $207,000, Approved Sales Price of $135,000. In 2007, this home sold for $264,000 !!!
Sellers were incredible, as they got all of the required docs in very quickly.
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Duna La Quinta, located adjacent to the La Quinta Resort and Club, is a gated community which offers luxury single family homes and condo living.
This idyllic community is located just off of 50th Avenue, making it convenient to so many local amenities such as Old Town, hiking & biking in La Quinta Cove and much more.
Owners at Duna La Quinta have access to both the Resort’s Pete Dye designed public courses, the Mountain Course and the Dunes course. The Dunes Golf Course runs right through the community and many of the homes are ideally located right on the Fairway with spectacular views of the Santa Rosa Mountains.
Duna La Quinta owners also have the option of joining the Golf Club for special member access – in addition to resort dining, shopping, tennis and the La Quinta Resort’s world famous spa facilities.
This peaceful community also offers a tennis court, community pools and spas. The development is oriented so that when walking and bike riding, you are offered rolling Southwest fairway and mountain range views. A very desirable place to call home !!!
If your interest in this desirable and affordable golfer’s community has been piqued, then don’t hesitate to call Kim Kelly, Realtor with HK Lane Real Estate in La Quinta. She will be happy to tour you around and show you properties for sale there.
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Have you always wanted to learn more about wine? Are you a serious wine drinker looking for something more than just tasting wines . . . a real wine education?
Then check out the wine classes that are now being offered by The Wine Bar at Old Town La Quinta as a brainchild of its owner Robert Mott. Their wine classes, which are in addition to their weekly Saturday wine tastings, are designed to provide context for wine lovers who know what they want, but need a vocabulary to communicate about their wine experience and why they like what they like.
Wine educator and sommelier Kevin Sharkey leads classes through wine appreciations which include clarity, intensity, color, nose, condition of the wine, whether it smells like a young or well-developed wine, whether it was sweet or dry-fruity or earthy, alcohol content and body, and character of the taste of wine. The final part is determining the quality of the wine, its drinkability and cost.
So far, six classes have been presented since November, including tours of different wine regions and the correct glass to use with the wine. Future classes are being planned and Sharkey and Mott are thinking they’d like to do at least one or maybe two classes a month. Right now, the classes are being held about every 6 to 8 weeks.
The Wine Bar is located in Old Town La Quinta at 78015 Main St., Suite 109.
For more info about the wine classes, Saturday wine tastings, wine club, etc. – call 760-564-2201 or go to www.thewinebaratoldtown.com
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And why is La Quinta Polo Estates so appealing to equestrians? For starters, this private enclave of elegant “ranchettes” is located directly across from the El Dorado Polo Club entrance. How’s that for convenience? It is also just a short drive away from the nationally recognized Desert Circuit Horse Show in Thermal. This private enclave within the entry gates off of Madison Avenue is made up of unique custom homes zoned for 2 horses per acre, giving the community appeal to a broad range of equestrian lovers.
But La Quinta Polo Estates’ appeal goes beyond the equestrian factor. These estate home sites are approximately 2 acres and most of the existing homes are upscale, featuring large private drives, spacious outdoor entertaining areas complete with large pools/spas . . . and some even with tennis courts. And there are several area country clubs nearby for golfing and club amenities.
Right around the corner from La Quinta Polo Estates on Jefferson St. is a shopping center, restaurants and golf shop. You’ve got the feel of living in the country, but with all of the conveniences of city living.
The custom homes at La Quinta Polo Estates range from 4,500 to 9,200 square feet. This community is a well kept secret in the area – because here you can have a private estate property built in an elegant setting. There are still home sites available for you to create your own dream estate – and have horses if you wish.
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La Quinta – Check it out . . . if you love sushi, and it seems you either love it or you don’t, there’s no in between . . . but if you LOVE sushi, then have you eaten at Sam’s Sushi right here in La Quinta?
The owner is Sam Kwon, who came to the U.S. from Korea and was involved with restaurants before moving to California in 1999. He moved here to the desert in 2002 and has had his La Quinta restaurant open for four years now. Sam’s was expanded last year from a 35 seat sushi bar to a 92 seat restaurant. Obviously, Sam’s Sushi has been well received here on the east end of the valley.
Sam’s Sushi has a contemporary vibe with spacious high ceilings and soothing colors and woods. A wide variety of Nigiri sushi and sashimi is offered, along with a long list of specialty rolls – which includes baked lobster, a neighborhood favorite. Also offered are lunch and dinner specials.
It wouldn’t be sushi without sake to accompany it. Sam’s offers a variety of premium cold sakes and hot sake is also available. Popular Japanese beers are available as well.
Sam also owns Sam’s Korean BBQ & Teriyaki Grill, which is just around the corner in the same La Quinta complex. A third restaurant, also Sam’s Sushi, is located at The River in Rancho Mirage.
SAM’S Sushi in La Quinta is located at 79485 Highway 111. For more information or for reservations, call 760-771-8285.
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PGA West Short Sale; CLOSED!
Short Sale Specialist CLOSES another one! Short Sales aren’t easy, take patience and persistence on both the Buyers and the Sellers parts, but I get them done! List to Close on this beautiful semi-custom home at the Norman Estates in PGA West..approx. 95 days. Two notes.
First lienholder: B of A Approx. value of 1.4 mil
Second lienholder: Chase HELOC (Home equity line) Approx. value of $250,000.
Negotiated Sales Price: $925,000 and $8,500 went to pay off the second. Both lienholders released their right to sue for deficiencies and seller paid ZERO!
If you are underwater on your mortgage, or just want a FREE consultation, give me a call at 760-285-3578. Information is power!
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La Quinta – Palmilla is a desert community built in 2002-06 – sitting just off Avenue 50, west of Jefferson St. It catches your eye, as its exterior wall is painted lovely earth colors compatible with its desert surroundings. it is guard-gated, like so many communities around here are, but what lies inside the artistically designed wrought iron entrance gate is distinctively different and appealing.
Palmilla’s grounds are scattered with over 8 acres of lakes – a beautiful juxtaposition of water to the dry arid desert environs. There are 159 homes here, painted in strong earthy tones of terra cotta, umber and sage. There are interesting architectural features used here such as stacked stone accents, curved exterior walls and artsy courtyard gates – all lending an air of sophistication and class to these homes which range in size from 3,800sf to 4,600sf built on over-sized lots of varying sizes.
Another draw to living in Palmilla is its close proximity to the many restaurants and convenient shopping in La Quinta. It is within walking distance of a drug store, grocery store and restaurants. Residents of this highly sought after address also find their community to be a friendly one. Though there are no country club-type amenities at Palmilla, the upside is that the HOAs are relatively low. Most of the homes here have their own private pools.
Many of Palmilla’s homes are located lakeside, as there are 13 connected lakes running throughout. The landscaping is premier and only serves to enhance the community’s unique architecture. Palmilla received “Best in American Living” designation by the National Association of Home Builders . . . and has also received awards for its desert landscape design.
Palmilla is also conveniently located a couple of miles from Old Town La Quinta and is less than 3 miles from the Empire and Eldorado Polo Grounds. Highway 111 is just 2 miles north and Interstate 10 is just 4 miles north of the community.
It’s easy to understand why people fall in love with Palmilla and make their homes there permanently. If you are interested in looking at homes for sale there, call Kim Kelly of HK Lane Real Estate in La Quinta. She is well acquainted with the homes in Palmilla and will be happy to tour you around the property.
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