Luxury Property Sales in the past 30 days are pretty impressive for our Desert Cities. Keep in mind that we are in our slowest summer months, and several of our desert cities recorded sales of 1 million Plus.
Topping our most recent Luxury Market Sales is a home in South Palm Springs. This home was listed one day before it was scooped up! Listed at $2,100,000, and boasting 4 bedrooms/5 bathrooms in approx. 4,658 sf, it SOLD for $1,950,000 CASH. This property was located in the Old Las Palmas area of South Palm Springs. This particular area is often referred to as “The Beverly Hills” of Palm Springs. Homes that come up in this prime area do not sit for long!
Madison Club; La Quinta Market Update: The Madison Club in La Quinta is THE Club if you’re looking for super exclusive, and ultra secure. A private community centered in our Eastern Valley surrounded by dramatic desert mountains. The Mediterranean style clubhouse offers incredible views..as well as food that will impress anyone. There are even five clubhouse suites which provide luxury accommodations for short term visits by members and their guests. Discovery Land Company, which is also developing the neighboring Hideaway Golf Club, has a reputation of turning out High Class, Luxury Resorts, and The Madison Club is definitely one of them!
The Madison Club in La Quinta is ON FIRE! During the crash, lots and existing home sales pretty much stood still. Now, however, lots are being snapped up with prices ranging from approx. $900,000 to approx. 2.2 million. Lots are typically very large, starting at approx. 30,000 sf up to over an acre. There are even larger home sites, but most of the really large ones have exquisite homes on them. Resales are also strong since last season. Very few homes get listed as most owners build their homes specifically for themselves, although some homes are currently being built on spec.
Indian Wells Market Update. The City of Indian Wells is located in the middle of our Valley floor. It’s Eastern border is the city of La Quinta, and it’s Western border is the City of Palm Desert, and Rancho Mirage. People choose Indian Wells for several reasons. If you love Tennis, there’s the Indian Wells Tennis Gardens, host to the BNP Tennis Tournament. If you’re someone that simply likes being in the Center of things, what a great choice. You’re close to everything, including El Paseo with it’s shops, a short drive to La Quinta’s Old Town, Palm Deserts’ Museum, hiking, bike trails and of course, the stellar golfing. Indian Wells is known for it’s amazing Resident discounts on a myriad of local restaurants and amenities, including Golf at the Indian Wells Country Club.
The Quarry at La Quinta offers an exclusive desert lifestyle
La Quinta’s golf community The Quarry is quite unique… and there are many reasons why it has been recognized by Travel and Leisure Magazine as one of America’s top golf communities. If you’ve ever visited The Quarry, you would immediately understand. Its picturesque location, nestled in a cove at the base of the Coral and Santa Rosa Mountains on an old mining site, creates an allure and feeling of total exclusivity, privacy and security. This is where Native Americans roamed and the Old West once flourished. Life-size bronze sculptures strategically placed around the property artfully pay homage to the land’s history.
Hidden up a curving entrance road, the Fazio designed golf course at The Quarry cuts a dramatic oasis-like swath up the cove… with manicured fairways and four lakes, streams and waterfalls encircled by lush indigenous landscaping. Owning a home at The Quarry is a privilege unlike anywhere else in the Palm Springs Valley.
IS THERE A CLASSIER GOLF COMMUNITY THAN TRADITION?
Tradition Golf Club’s scenic beauty speaks for itself
La Quinta, California is known for having some of the world’s most beautiful and well respected golf communities in existence. The Tradition Golf Club easily comes to mind at the top of the list, with its classically understated and elegant entrance, strategically located where Washington St. dead ends into Avenue 52 – and when you’re at the stoplight on Washington, you’re looking right at it.
The strikingly large and colorful seasonal flowerbeds at the entrance to Tradition in La Quinta, California hug the gentle berms like blankets – and every season is a surprise to see what color and type of flowers are planted in the manicured beds. The canopied trees and classically styled gate house with bougainvillea arbors set the tone for a Golf Club that’s nothing less than special. Tradition’s exclusive membership is limited to 250 members… by invitation only. So as a member at Tradition, you are entitled to the ultimate in service, dining and amenities.
Andalusia’s championship golf course poses a magnificent view
ANDALUSIA’S STORY
Andalusia at Coral Mountain in La Quinta, California has proved that the Phoenix can rise from the Ashes! After the recession, from 2008 until 2012, many of Andalusia’s existing homes were sitting vacant. The past couple of years has seen a resurgence in sales at this community … as not only have all of those vacant homes sold, but 41 more homes are currently under construction and will be available for move-in this fall. The demand is positively there and many of the new builds are already under contract.
Andalusia offers 6 different home plans ranging from 3,280 to 5,131 square feet. New home prices range from approx. $1.4 to $2 million. Resale prices range from approx. $1,075,000 to $2,350,000
ALL THAT ANDALUSIA HAS TO OFFER
La Quinta, California is a stunning location for Andalusia, from its striking front entrance to its spectacular setting among the surrounding mountain views. This Club attracts vital and active homeowners looking to belong to a community where something New is offered. The Vibe is Vibrant at Andalusia!
Golfing is a big draw here, as the Club’s championship 18-hole golf course designed by Rees Jones is highly prized as one of the longest and “most playable courses in the desert,” complemented by 9 lakes, 3 waterfalls and a plethora of gorgeous landscaping against a dramatic backdrop of the Santa Rosa Mountains. November 2015 brings the opening of a new Golf Clubhouse at Andalusia, further expanding it’s offering of amenities and services to its community.
Andalusia in La Quinta offers NEW homes to buy!
There’s so much to do at Andalusia, you can be as active as you’d like to be. From Tennis, Swimming, Fitness Center, Game Room, Hiking, Biking, Dog Park . . . and the multitude of nearby attractions to visit such as Old Town La Quinta, SilverRock Resort, La Quinta Hotel & Spa and more . . . there’s Never a dull moment to be had when you choose your residence at Andalusia at Coral Mountain!
Palm Springs, California is a community ripe with change. Its downtown is undergoing a Renaissance, with projects aimed at improving its lure to visitors and residents alike. Currently, 14 acres of prime real estate in downtown Palm Springs is being transformed into an upscale attraction composed of new hotels, a park, shops & restaurants, underground parking and more. It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California.
So how is all of this development and the promise of more to come in the future affecting the real estate market in Palm Springs? Is now a good time for you to take the plunge and move to where the living is easy and the sun shines 360 days of the year? Full time or maybe part-time living in Desert Paradise . . . a place to come for long weekends, holidays or for the entire “Season.”
Home resale inventories in Palm Springs, California remained the same with a 0 % change in August 2015, as did Foreclosures and Short Sales. The median listing price for homes in Palm Springs stayed the same in August and there were a total of 10 price increases and 31 price decreases.
The Movie Colony is home to some great historic Palm Springs homes for sale!
With the market holding steady, NOW is a good time to buy your Desert Modern or Historic home in the Mesa or a home in one of the many new developments just built or being built in the area. Call Kimberley Kelly at 760-285-3578 for a preview of the amazing Palm Springs homes on the market today !
Take a look at this video on “How to Make an offer”
La Quinta, California is rich with some of the most beautiful golf communities in Southern California… and in the country, for that matter. Rancho La Quinta Country Club is one of them and offers so much more than just a home. Its carefree lifestyle and luxury amenities make for the complete indoor/ outdoor desert living experience. This gated community sports award winning homes done in Early California style and offers two championship golf courses, Fitness Center, Racquet Club with 9 lighted courts and so much more.
Call Kimberley Kelly today to preview homes in the highly sought after community of Rancho La Quinta Country Club in La Quinta, California. Kimberley has lived in La Quinta for 30 years and been an agent in the area for 15 years. Let her bring her longstanding knowledge and experience into your buying experience, you’ll be glad you did.
What makes the Norman Estates at PGA West in La Quinta different than other golf course communities? There are several unique characteristics of this small, friendly, “neighborhood within a community.” Greg Norman designed the community as well as the Norman course that flows around it. The Norman course is the only desert style golf course at PGA West, and now with the drought, we can see that it was ahead of it’s time! There is also a friendly “Australian style” clubhouse, that is warm and friendly.
Each course at PGA West is gated, with 24 hour monitoring. The Norman Estates at PGA West, has a second, pass code protected gate within the PGA West entry gate, creating a really private community. There are only 58 semi-custom homes at Norman Estates. The neighborhood is Tuscan inspired, lots are very large for golf course homes, (smallest is 14,000+ sf.), and there are several exterior elevations, helping to create a varied look from home to home.
I was the original onsite Sales Manager, when these homes were built in 2005-2006, and know each home on each lot intimately! Take the video below to see just one example of the homes at Norman Estates, PGA West. Streets are wide, mature trees offer shady walking, neighbors are friendly and the feeling is one of a true neighborhood at the Norman Estates in PGA West in La Quinta, California. HOA is approx. $550/month and home prices range from approx. $975,000 – approx. $1,500,000.
Arriving at a Sales Price for your Palm Springs Valley property involves careful evaluation of many things..mostly moving parts. Your Sales Price may be a bit different than your Listing Price. The short video is pretty right on as far as basic considerations in arriving at a number…There are several other factors to think about when you are deciding what you will accept in terms of a “Sale Price” on your property. Here in the Palm Springs Valley, it is important to consider Location of your property within the community itself. How many hours of sun are on your outdoor area on average/day? What are your views? And one factor that is often over looked is “What is your back story?”
If you have a home to sell in The Hideaway Golf Club, for example, you would of course go over the SOLD comps very carefully with your Realtor. But it’s also critical for your Realtor to know “the back story” of those closed homes. Why did that particular home sell for that price/sf? What was the owners’ motivation? Were there issues with the condition of the property? Did the Sellers credit the Buyers’ some money at close? Many things can influence the reasons why a Seller accepts a particular price.
What WERE those amenities??
Be sure you are working with an Agent that knows the location, the community, the type of property, and the recent comparables. Then consider your OWN back story when thinking about how much you will need to sell your property.
