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.
One of the most requested properties I get asked for, is a nice home with some land. Unfortunately, that’s a hard bill to fill. Often, my Equestrian clients end up with a nice home PLUS some land, or they end up boarding their horses. My clients looking for large parcels for Luxury Lease investment properties, often end up with fixers. I can sometimes find a fixer that has some land with it, but that requires a specific buyer that has the patience and know how to do the fixin! The Coachella Music Festivals have added so much value to large homes with SPACE surrounding them. Often large groups, or even corporate events can be accommodated in these sites.
The beauty of the Lease option is that it’s brought a different type of buyer into my buyer pool for my Equestrian or Land Listings. Sometimes, they don’t own horses, but are property managers, or are looking to develop something in the future. I just listed another 16.8 acre small farm near the HITS horseshow venue, and the Thermal airport, which went into escrow in just a few days. It’s a fixer, but wow, what a deal!
Keep your eyes open as I have a larger parcel, 38 Acres with a commercial overlay coming soon! Cool 1980’s house, with a grand entry..immaculate! Take the tour here of the Avenue 40 farm that just closed…