Land to develop is one of your luxury options in the Coachella Valley.
Coachella Valley Luxury Property Choices: We have some amazing properties in our beautiful Coachella Valley. What’re you looking for?? A hip, hot mid century modern, with or without celebrity history, or perhaps a Mediterranean castle on or off a golf course? How about a parcel of land that you can design and build your custom home to your own specs? Have horses..looking for an Estate to develop, or a wide open piece of land to create your magic with? The Coachella Valley Luxury Property choices include all of the above and more..for information, call local Realtor Kim Kelly at 760-285-3578.
Southern Fairway to mountain views at 78855 Pina, La Quinta
Views & Location at The Citrus in La Quinta, CA. This semi-custom home on the Fairway at The centrally located golf club, The Citrus, offers the in demand SOUTHERN location desert buyers seek. The quintessential, sophisticated and warm home that welcomes you the moment you walk in, 78855 Pina is one of a kind in it’s classy uniqueness. To schedule a tour, or just to call for more information, give Kim Kelly a call today…760-285-3578.
PGA West Custom Homes are one favorite Luxury Lease spot in the desert
Top Rated Luxury Lease spots in the Desert: Now that the Festival season is winding down, it’s time to take a breath, and do a round up of our Top Rated Luxury Lease Spots in the Desert. Everybody has their favorite desert city, and within that City is their favorite place to spend the weekend. Palm Springs and Rancho Mirage are sought out by people that love the look of Modern Architecture and feel. Other visitors wouldn’t stay anywhere but the more open La Quinta area, while other visitors prefer the central City of Indian Wells. There are many Luxury Lease opportunities in our beautiful desert. To buy or sell your desert resort home, give local Realtor, Kim Kelly a call at 760-285-3578.
Just Listed in La Quinta
Just Listed in La Quinta; la Quinta is the Coachella Valleys most Easterly City, and also the youngest. That means more bang for your real estate buck. La Quinta offers multiple things to do for both year rounders or vacationers. The La Quinta Art Festival is one event that you wont want to miss. Any time great real estate opportunities present themselves in La Quinta, they don’t sit long, so check out these two new listings. If you’re thinking about buying in La Quinta, give me a call at 760-285-3578.
Aerial view of 79784 Avenue 40, Indio, CA.
Just SOLD; 5 Acre Estate in North Indio. Listed for only 3 weeks at $1,199,000, this rare Equestrian estate, went into Escrow. Conventional Loan for the buyers and it is now SOLD! Coachella Valley Land and Residential properties are in much demand, and any time I can find a great home with some acreage, I know it won’t sit long. This estate at 79784 Avenue 40, Indio, was no exception. If you’re looking to buy or List your Home or Farm, give me a call for your FREE property consultation; 760-285-3578.
57490 Jackson St., Thermal, CA. $2,495,000
La Dolce Vita Equestrian Estate for Sale: If you are looking for an exceptional 10 acre Equestrian Estate in the Coachella Valley, La Dolce Vita Estate will knock your socks off! Wow! The custom entry gate is right off of one of our premier Equestrian streets in Thermal, CA., Jackson St. Located at 57490 Jackson St., there is quite simply nothing like it on the market. Offered at $2,495,000, this estate is custom beyond custom. Every inch is manicured and lovingly taken care of. Talk about happy horses! At La Dolce Vita, (The Good Life), horses, humans, dogs and all critters are happy.
HITS Thermal update:
Jumpers are preparing for the desert HITS show in Thermal, CA.
The Horsey season is about to begin here in the Coachella Valley. Both of the International Polo Clubs, Eldorado and Empire, are healing from the Desert Trip concert. What a way to make Grass NOT grow..the tromping of thousands and thousands of feet! But..Empire has dumped tons of sand on their fields to prepare them for the 2017 season, and Eldorado is watering heavily to encourage the grass to take root and flourish! What about the HITS Thermal horseshow grounds and schedule for 2017? This is going to be a storming season for Land and Equestrian Property sales. Give me a call at 760-285-3578 if you have a buyer wish list, or if you just want to find out what your property is valued at.
Market Update; Coachella Valley
A ranch style home for Sale in the La Quinta, California Market
Coachella Valley home prices AND sales rose year over year in October of 2016 VS the same month in 2015. This is according to the data from the real estate research firm Corelogic DataQuick. There were 754 sales in the month of October in 2016. The median price was $300,000. The median just doesn’t mean that much to me, since it means that half of the sales were higher than $300,000, and half are lower than $300,000. It still remains a great time to be a Seller. I have to say that though the inventory numbers are still up there, the truth is the GREAT locations, preferred sun orientation, or highly upgraded properties still sell quickly.
Resale homes seem to be preferable to New Homes this year. New construction sales continued to stand still. Sales of new homes have dropped by double digit percentages for the last 7 months. The drop from last year this time in the new homes market is approx. 44%! That is astonishing. I think the higher inventory numbers help this statistic, since buyers will tend to go to the best “deal.”
Price/ square foot varies greatly through our Valley Market
Golf course homes in the La Quinta Market prices vary greatly
Generally speaking, the price/sf. of each development within each of our 9 desert cities, has not changed much from last year. It’s either stood still, or dropped a bit. Corelogic found that our Coachella Valley median price/sf is $167. In my world that is a REALLY good value. I don’t see that low of a price/sf., other than in very select communities, such as the La Quinta Cove, North La Quinta, some in South Palm Desert, Cathedral Cyn. Cove..definitely NOT the norm within the gated communities as a whole. The median comes from the very low price/sf of $109/sf in Desert Hot Springs, $228/sf in Palm Springs, and ranging up to $700/sf at Bighorn and Madison Club in La Quinta.
Price/Acre in our Eastern Coachella Valley market
Land Sales in the Eastern Coachella Valley continue to increase. It is not a crazy, hot market, such as in 2005/06, when the developers were scooping up large swaths of land at $100-$175,000/acre. However, the price/acre for Vacant Land, Agricultural Land, and Equestrian Properties is quite steady. As with Residential properties, the closer a farm/land is to the city amenities, the higher the price/acre. As a buyer moves more Easterly, through Vista Santa Rosa, Indio, Coachella and into Thermal, the price/acre drops. Price/acre varies from approx. $20,000 to approx. $75,000/acre for vacant land that has water, fencing, perhaps being leased for farming. Add a house, add a barn, add other amenities, and the price/acre is closer to $45,000/acre for a GREAT buy! Take the tour of Chocolate Mountain Farm in Thermal California. 20 Acre horse layup farm, Ag Water Plus a private Well (installed in 2016), and a small barn…
Do you want your Pool on the fairway, or more private?
To live On or Off Fairway, is the choice for buyers looking for golf course homes to buy. The Coachella Valley offers a myriad of options for people choosing to purchase a home in a Golf Course community. All of our desert cities offer golf course communities. Some cities like Indian Wells and La Quinta offer both Gated and Non-gated Golf course communities to choose between. La Quinta, our newer desert city offers many golf enthusiasts choices, including the Public course, Silver Rock Golf Course. If you’re committed to buying your new home in a golf course community, there will be several location options within the club itself.
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.