1
Map
$987,000
●
House -
Off Market
54355 Avenida Bermudas
La Quinta, CA 92253
4 Beds
2 Baths,
2
Half Baths
2,435 Ft²
$1,368,367
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Have you every visited the world-famous La Quinta Resort and never
wanted to leave? Well that trail ends here! This amazing
compound looks and feels like a world-class resort and the list of
amenities is seemingly endless. It has been a very popular vacation
rental property since the current owners transformed it into the
magic paradise it is today, consistently delivering six figures of
rental income. 'The End of the Trail' is a beautiful and decadent
oasis featuring a stunning mountain-view pool area surrounded by a
dozen mature palm trees. It has one of the largest poolside cabanas
in the area along side a jetted hot tub/spa that offers a powerful
massage. A rare roof deck with luxury seating and fire-pit
overlooks the Cove, Coachella Valley and desert mountains. A huge
private lawn area with small citrus grove and herb garden adjoins
and is also available. Inside there is a private guest wing
with 2BR/1.5BA plus a den/3rd BR. The main living area has a
welcoming and relaxing ambiance with a full kitchen, dining area,
breakfast bar, and powder room and formal dining room. The master
suite is fit for a king. This is truly a one-of-a-kind property and
shouldn't be missed.
Unit Size
2,435 Ft²
Days on Market
65 days
Land Size
0.30 acres
Price per sqft
$410
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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: 4 months ago (CRMLS #219043868DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | Relisted | $1,650,000 | |
| Relisted | |||
| Apr 30, 2022 | In contract | - | |
| In contract | |||
| Apr 27, 2022 | Price Decreased |
$1,650,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Mar 12, 2022 | Listed by Compass | $1,700,000 | |
| Listed by Compass | |||
| | |||
|
Nestled high above in the La Quinta Cove, this beautiful and modern Santa Fe style home sits on over 17,000 square feet and boasts unobstructed mountain views, a rare rooftop deck, and captures the essence of luxury hacienda-style living. Recently upgraded and complete with 4 bedrooms, 3.5 baths and a den/flex space this home features a brand new saltwater pool & spa bocce ball court, patio deck with a custom oversized gazebo and natural gas fire pit, built -in gas BBQ grill, all new irrigation and landscaping installed throughout the home, recently built privacy wall around the perimeter, new windows and sliding glass doors throughout along with custom window treatments. The kitchen features taj mahal quartz countertops, stainless steel appliances, and overlooks the dining room, living room and opens up to the back patio. All bedrooms are complete with ceiling fans, smart TVs, and remodeled bathrooms. This home has too many upgraded features to list! Unique, private, and quaint this home is the ultimate entertainer's dream or Desert getaway! The manager has listed the unit size as 2435 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santa Carmelita at Vale La Quinta
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Listed by: Randy Smith, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219043868DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219043868DA
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