The Hideaway Golf Club in La Quinta, CA.
Foreclosures in Coachella Valley I’m just talking about the Eastern Coachella Valley today. The local desert cities of Palm Springs, Cat City, Palm Desert, Rancho Mirage, La Quinta, Indio, Indian Wells, Thermal, and Coachella. I am not seeing many foreclosures as I show the Coachella Valley cities. I handled many Short Sales during the last crash, and am always keeping my ears and eyes open for any trends that may be pointing to another Foreclosure crisis. If you are looking to buy or sell, give local resident/agent, Kim Kelly a call at 760-285-3578.
According to Zillow and Redfin, there are zero foreclosures in all but two of the Coachella Valley cities. There are currently 2 foreclosures in La Quinta, and 6 in Indio.
La Quinta: There is currently 1 foreclosure in the La Quinta Cove. $399,900. 1989 build of approx 1700 sf and on a single lot. Has a pool and looks to be in pretty decent condition.
The Hideaway: There is 1 foreclosure at the gorgeous Hideaway Golf Club in La Quinta. This gorgeous contemporary style home built in 2023 is approx 4370 sf, includes a casita and is listed for $4,250,000, sits on a 16.000 sf lot, and is gorgeous. Hideaway has a monthly HOA of approx. $800/month.
The city of Indio has 6 foreclosed properties ranging in price from a mobile for $158,000 to $709,000.
A foreclosed 10 acre farm in Thermal with date trees just closed recently at approx $650,000.
So, no, I am not seeing alot of foreclosures released for sale in the Coachella Valley BUT throughout the US, foreclosures have climbed 9% from last year.
The property tour below is NOT for a foreclosed property, but it IS a gem. 4 acre fenced, private estate with a custom home built in 1981, pool/spa/outdoor cook station, 4 irrigated pastures and although it feels like a rural estate in the country, the entry is right off of a small street with direct access to Washington. 42605 Byron Pl., Bermuda Dunes. List Price: $2,799,000.
