Buyers are always asking me if there is any new home construction going on in La Quinta. The answer is “yes!”. During the boom days of 2002-2006, there was a new Housing Development Grand Opening every weekend. Now..not so much. There is plenty of standing inventory, and the price/sf to build often prices the new homes construction right out of the market. However..there are some brave builders with strong bottom lines that have been able to weather the construction slow down and continue to put sticks in the ground.
- The Grove at The Citrus: This was a new homes development that came to a stand still for a couple years as it was re-organized. Prime location within the gated Citrus golf course, but with it’s own entry gate, this enclave of semi-custom homes has started up again. With models open 5 days a week, The Grove offers 3 floor plans ranging in size from approx. 2900 sf to approx. 3600 sf. Spanish style, with just about everything included, these homes start in price from approx. $600,000 and go up to approx. $700,000. These are not Fairway homes, but membership at the Citrus is available.
- Codorniz: RJT is the builder of these townhomes located just South of the roundabout on Jefferson St.. The Entry is just North of The Hideaway Golf Club. These are lovely homes, with 4 floor plans available to choose from. Prices start at approx. $275,000 to approx. $400,000. There is an onsite Sales office open 5 days a week.
- Rancho Santana: Lennar built out their section of this development and now Desert Elite is finishing out their part of this project. Located on Avenue 52 and Monroe, Rancho Santa is a gated community with walking and biking paths, a dog park and a central park. There are several different floor plans, with and without pools and the prices start at approx. $500,000.
Can the new Home Communities compete with the Resales? Not if you just judge by price/sf, but if you want a particular home with certain amenities and upgrades and most importantly, you love NEW HOMES, then the price differential may be worth it to you!