Toscona Country Club, Indian Wells – Just Sold
This golf course home with amazing views was just sold by Sheri at Toscana Country Club.
- 75619 Via Cortona, Indian Wells
- 4,097 Sq. Ft.
- Priced at $1,750,000
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Just Listed At Indian Springs Country Club
45950 Spyglass Hill, Indio / Only $425,000!
- 1,898 Square Feet
- 3 Bedrooms / 3 Baths Attached Casita
- Private Golf Course Location w/Pool & Spa
Million Dollar Bank Owned Properties
Toscana Country Club, Indian Wells
Inventory of bank owned homes listed at $1 million and higher in the Palm Springs area real estate market continues to tighten up. As of today there are only five properties owned by banks that are listed in this luxury price segment.
- 75583 Via Cortona, Indian Wells at Toscana Country Club / $1,799,900
- 75256 Desert Park Drive, Indian Wells $1,195,000
- 40700 Paxton Drive, Rancho Mirage at Thunderbird Terrace
- 73956 Desert Garden Trial, Palm Desert at The Reserve
- 533 Mesquite, Palm Desert at Bighorn Golf Club
During the last six months just six bank owned million dollar homes sold in the desert.
Million Dollar Short Sales
Hideaway Golf Club, La Quinta
Like bank owned homes, the inventory of available million dollar short sale properties seems to be tightening up as well. As of today there were just six short sales listed at $1 million or more. And yes there certainly are some opportunities for the right buyer.
- 52395 Via Savona, La Quinta at Hideaway / $2,575,000 (sold at $4.195M in '09)
- 74315 Desert Bajada, Indian Wells at The Reserve / $1,825,000
- 55535 Royal St George, La Quinta at PGA West / $1,100,000 (sold for $1.7M in '04)
- 50475 El Dorado Drive, La Quinta at Mountain View Country Club / $1,095,000
- 76051 Via Chianti, Indian Wells at Toscana Country Club / $2,250,000
- 45634 Appian Way at Indian Wells Country Club / $1,100,000 (sold for $1.6M in '07)
Please let me know if you would like information or would like to view any of these luxury properties.
Our Buyer & Seller Clients Win Another Award!
Over 400 agents are affiliated with Keller Williams Realty here in the desert, and yesterday was the annual Keller Williams awards extravaganza. For the second consecutive year, my associate and I were presented with the award for being the number one small team in the desert. We transacted more business than any other small team (3 agent team members or less) by a factor of two to one.
We Accept This Award On Behalf Of Our Clients
While awards are cool, I feel that this award is really all about our clients. As two of the busiest agents in the desert, we visit more properties in more communities and work at negotiating more transactions for our clients than the vast majority of agents. We feel that our being busy can result in a smoother and more profitable real estate transaction for our clients.
So the real winners of our #1 award are our clients. Congratulations and thank you!
Tradition Golf Club Opens New Fitness Center/Spa
Tradition Golf Club's New Fitness Center
Tradition Golf Club in La Quinta is known as one of the premier private golf communities in the Valley. And recently Tradition opened its beautiful new fitness center and spa that was built from the ground up to serve Tradition members.
In addition to the latest fitness equipment, Tradition’s fitness center offers more than 15 fitness classes as well as organized biking and hiking experiences. The spa has seven massage therapists on call to serve members.
New Social / Fitness Memberships
Non-golfers can take advantage of Tradition membership via a social membership. Social membership entitles the member to everything that is non-golf at Tradition including social events and the new fitness center and spa.
Tradition Social Membership: $27,500
Social Dues: $500 Monthly
Just Sold At The PGA West Weiskopf Course
Our happy buyer clients just closed on this great property at the private Tom Weiskopf course at PGA West. Great location and sweeping views to say the least!
- 56039 Winged Foot, La Quinta
- 3,669 Sq. Ft. / 3 BD - 4 BA
- Priced at $1,095,000
$5.7M Sale At The Reserve, Palm Desert
Our Desert Area MLS shows that this 10,124 square foot custom home sold today for $5.7 million at The Reserve Club in Palm Desert. Built in 2003, this seven bedroom, ten bath custom residence was originally priced at $6.9 million. Located on the 18th fairway of The Reserve Club, this home offered lake, golf course and mountain views. The sale price works out to $563.02 per square foot.
During the last six months 28 desert homes have sold at over $2 million and this price segment continues to receive increased activity. The high sale price during the last six months here in the Palm Springs area was $6.5 million for a custom home of 8,266 square feet at The Hideaway Golf Club in La Quinta.
Susan Canavan represented they seller and Susan Eberle represented the buyer. Photo Credit: PostRain Productions.
Palm Springs Real Estate Sales Up In 6 of 7 desert cities!
Palm Springs area real estate sales increased in 6 of 7 area cities during the last six months of 2011. It appears that buyers in increasing numbers are continuing to take advantage of some of the best opportunities in over a decade. But let’s let the sales numbers speak for themselves.
City-by-City Sales For Last Six Months of 2011 (compared to the same period of '10)
- Indian Wells: +17.71% (96 homes sold compared to 79 in '10)
- Rancho Mirage: + 7.07% (297 homes sold compared to 276 in '10)
- La Quinta: + 5.94% (640 homes sold compared to 602 in '10)
- Palm Springs: + 5.28% (796 homes sold compared to 754 in '10)
- Palm Desert: +3.10% (796 homes sold compared to 754 in '10)
- Cathedral City: +2.02% (396 homes sold compared to 388 in '10)
- Indio: - 1.67% (600 homes sold compared to 610 in '10)
In addition to the increases in home sales, the average sale price for the combined seven cities increased by 2.67%. The average sale price in Indian Wells was up an impressive 20.06%.
2011 Palm Springs Area Average Home Sales Area by City
- Indian Wells: $813,270
- Rancho Mirage: $515,676
- La Quinta: $390,830
- Palm Desert: $314,808
- Palm Springs: $277,139
- Indio: $179,140
- Cathedral City: $145,140
Keep in mind that real estate is local, very local!