Coachella Valley STVR Update: As most people know, the Vacation Rental business is HUGE pretty much everywhere, but especially in resort locations such as our Coachella Valley. La Quinta Vacation Rental rules are up for a vote! If you’re looking to buy or sell Land, Farms or residential, give local realtor, Kim Kelly a call at 760-285-3578.
La Quinta just voted down the Kelly Slater Wave Park because so many residents did not want it in our Eastern Valley. Now it’s the Prop A vote that will decide whether or not to limit the number of short term rentals in residential neighborhoods, eventually phasing them out, and limiting them to commercial tourist zoned areas.
Cathedral City voters have approved a referendum to limit short term rentals for 2023. The city of Palm Springs is also looking to limit the total number of short term vacation rentals to 2500, and they’re almost there.
Even Riverside County has passed an ordinance that residents of the county must register their properties and abide by rules with regards to number of people allowed on the properties for events.
I have a great new listing on a 2 acre property with a mid-century Pool home and stunning Southern views. A spectacular 6400 sf (permitted) building that could be used for events, large machinery storage, mechanic garage..lots of opportunity. Coming active soon at $1,850,000!