$640,000
●
House -
Off Market
55889 Pinehurst
La Quinta, CA 92253
4 Beds
5 Baths
3,038 Ft²
$1,216,641
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
We've brought the Beach feel to the Desert with this Crisp, Clean,
Contemporary and visually stunning, dramatic remodel of this former
Fairways 3 plan. This home will be sure to impress even your most
discriminating clients. No stone was left unturned or expense
spared in this elegant and tasteful endeavor. Beginning with the
Dutch front entry door and European White Oak hardwood flooring
with 8 baseboards, Custom Quartz Kitchen and Bar counter tops and
Chef friendly kitchen, this home is an entertainer's dream.
Stainless Steel Dacor Range, microwave and wall oven, coupled with
a Bosch dishwasher round out this bright and open kitchen. An
Arctic white ledger stone 14' high gas fireplace with a 55 wide
firebox and wall mounted flat screen TV makes an impressive
statement. The master suite has a free standing soaker tub, walk-in
marble rain shower and Kohler vertical under mounted sinks. Located
on a serene lake setting behind the gates of the Palmer Private
Residential at PGA West.
Unit Size
3,038 Ft²
Days on Market
115 days
Land Size
0.16 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
$654
Year Built
1990
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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 #215033092DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2016 | Sold | ||
| Sold | |||
| Nov 10, 2015 | Listed by Bennion Deville Homes | $699,000 | |
| Listed by Bennion Deville Homes | |||
| Jan 27, 2014 | Sold | ||
| Sold | |||
| Oct 21, 2013 | Listed by Coldwell Banker Res. Brokerage | $499,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
| | |||
|
***Major Price Reduction***! Welcome to this Fairway 3 model located behind the gates of The Arnold Palmer Private Residential at PGA West. Offering approximately 3038 square feet of living space, this home offers 4 bedrooms and 4.5 baths, including the detached casita. The large kitchen has top of the line Dacor Stainless steel appliances. The great room and wet bar overlook a lake that boasts 6 waterfalls and gorgeous mountain views. An artists residence, part of the golf cart garage has been turned into a studio, yet there is still room for your cart. A large side yard with a putting green and built in kitchen, makes this the ideal spot for desert outdoor living. A rare opportunity for an off the golf course home, that still provides spectacular views, along with a serene lake front setting, this is the perfect desert retreat.
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Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About PGA West
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Listed by: Devane Andersen Team, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215033092DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215033092DA
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