$2,495,000
●
House -
Off Market
50225 Woodmere
La Quinta, CA 92253
4 Beds
6 Baths,
2
Half Baths
5,359 Ft²
$3,307,115
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Stunning Architectural Digest-Esque contemporary estate home in the
heart of La Quinta. Newest luxury home built in Estancias
designed by renowned architect John Vuksic on a large premium
corner lot with exquisite desert landscape. Breathtaking
southern mountain views from most rooms with privacy you can't find
on a golf course, within minutes of Madison Club, Hideaway,
Tradition & Old Town. Perfect for hosting parties outdoors on
the lovely poolside patio with built-in overhead heaters and
dual-sided fireplace. Oversized Fleetwood glass pocket doors
make you feel the indoors & outdoors become one with exceptional
vistas of the Santa Rosa mountains. Lots of light, soaring
ceilings & 5 AC zoned units so the temperature is always perfect!!
Kitchen extras include professional-grade Thermador & Kitchen
Aid appliances surrounded by beautiful quartz countertops.
Adjacent to the kitchen is a large chilled wine room.
The master bedroom wing includes a cozy fireplace for chilly
winter evenings, His and Hers walk-in closets & a luxurious master
bath. All this & a 3.5 car garage with additional storage &
gated driveway with lots of parking for guests. Estancias is
a guard gated, quiet community of 49 homes set on estate-sized lots
right in the middle of the heart of La Quinta.
Unit Size
5,359 Ft²
Days on Market
53 days
Land Size
0.85 acres
Price per sqft
$466
Property Type
House
Property Taxes
-
HOA Dues
$725
Year Built
2014
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #219051039DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2023 | No longer available | - | |
| No longer available | |||
| Mar 19, 2023 | In contract | - | |
| In contract | |||
| Mar 17, 2023 | Listed by Fiv Realty Co | $3,599,000 | |
| Listed by Fiv Realty Co | |||
| | |||
|
This contemporary estate offers an elevated standard of luxurious living featuring 4 bedrooms, 2 offices, and 6 bathrooms with exquisite design features throughout, including elevated ceilings, stonework, marble, and quartz finishes. Visitors are welcomed by a serene front courtyard, with a cascading waterfall, sculpture, contemporary desert landscaping, and private gated driveway leading to the expansive 3-car garage. Designed for seamless entertainment, the main living area offers an oversized fireplace, sunken wet bar, dining area, and pocket slider doors creating a smooth transition between indoor and outdoor living spaces. The adjacent kitchen boasts grand entertainment island, modern cabinetry, abundant storage, walk-in pantry, and a temperature-controlled wine cellar. The primary retreat bedroom is designed with resort-style luxury in mind, with double-door entry, fireplace, heated floors, soaking tub, oversized shower, and two indulgent walk-in closets. The south side of the home offers a powder room, executive office suite, and an attached guest casita complete with a living area, kitchenette, and 2 private bedroom suites with separate entry. Undoubtedly, the highlight of this exceptional property is the back patio with multiple seating areas, TVs, a dual-sided fireplace, in-ceiling heaters, misting system, outdoor kitchen and bar, and contemporary pool with stunning sunset views for ideal relaxation and entertainment. The manager has listed the unit size as 5359 square feet.
| |||
| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2021 | In contract | - | |
| In contract | |||
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Property Highlights
Air Conditioning
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Quinta
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Listed by: Brittany Read, Southern Hills Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219051039DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219051039DA
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