Current activity in the East Coachella Valley: As is typical for me in the summer months, it has continued to be busy in real estate here in the Coachella Valley. Sellers that are in a position to sell their properties are doing so and killing it on the sale prices! Buyers that are going to capitalize on the really low Interest rates are continuing to jump into the Coachella Valley real estate market. Prices are high, but because money is cheap, buyers are able to buy more house for their dollar. If you are looking to buy or sell in the Coachella Valley real estate market, give Kim Kelly a call at 760-285-3578.
Inventory is low, but growing. If a seller wants to get top dollar, nows the time to sell. But..only the sellers who don’t need a replacement home are able to capitalize on this. I had a great listing at 82211 Crosby, Indio, in the Indian Palms CC. Fabulous location, Southern orientation, double fairway so the price of $699,000 even without a pool, though high for the area, was justified and it was in escrow in 2 days. The seller was moving, so was able to sell it. A perfect situation.
I just listed two new properties.
A single family home in North La Quinta for $625,000, which has a beautiful pool and spa. 45300 Debbie Dr., La Quinta is a perfect family home due to it’s location near all three school systems. Offering 3 bedrooms/2 baths and a large corner lot.
Another terrific new listing is at 57300 Jackson St. in Coachella. $4,500,000. This is a 9+ acre farm that is an exquisite equestrian property as it is, but would also make an amazing luxury lease or event site. Offering a 5 bedroom/4 bathroom contemporary home, a 7 car garage with an attached 1 bed/1 bath lounge, and multiple paddocks in the back 5 acre portion of the farm. The front 5 acre parcel has the two beautiful barns with a total of 17 stalls in them. The arena has fence mounted sprinklers, and there is also a 3 horse tie rack between the 2 barns. There are several shaded, grassy paddocks, a hay barn, and a 3 bed/2 ba mobile home for the caretaker or groom. Take the tour of this incredible farm here..