Listed by: Lowell Fulson, Keller Williams Realty
$1,399,000
●
House -
Off Market
78865 Lima
La Quinta, CA 92253
5 Beds
5 Baths,
1
Half Bath
5,125 Ft²
$1,911,633
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Extraordinary golf course home located in The Citrus Country Club.
78865 Lima graciously provides you beautifully manicured palm trees
on the 4th fairway of the Peter Dye golf course with vivacious
views, phenomenal Santa Rosa mountain views, and an ocean-like pool
with cascading waterfalls. All those extraordinary views I just
mentioned can be seen while standing behind your granite slab
kitchen island. This open floor plan lets you entertain in a
massive family room, so you and your guest feel connected. This
2006 home offers 4 bedrooms and an attached casita, 5 bathrooms, 3
fireplaces, 5,125 sq' of living space, soaking jet tub, and
stunning views from the entire South Side of the estate. This rare
opportunity offers a Southern California experience like no other.
Owned and extremely efficient 50+ solar panels, high ceilings,
custom lighting, patio misters, gas or electric options, 3 car
garages, several private double sliding door entries', courtyard
water feature, custom landscape lighting and so much more. Talking
about a wonderful lifestyle is nice, but living it provides the
feeling you deserve! Why wait? Enjoy life now. Additional details
and features of this amazing home available upon request.Buyer to
verify all the MLS information, including but not limited to,
permits and uses, bed/bath counts and all square footage. Buyer is
advised to independently investigate all aspects of the property,
verify the accuracy of all information provided to buyers
satisfaction
Unit Size
5,125 Ft²
Days on Market
53 days
Land Size
0.29 acres
Price per sqft
$284
Property Type
House
Property Taxes
-
HOA Dues
$386
Year Built
2006
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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 #219051912DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2022 | No longer available | - | |
| No longer available | |||
| Feb 28, 2022 | In contract | - | |
| In contract | |||
| Feb 25, 2022 | Listed by Bennion Deville Homes | $1,775,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Stunning views from this south facing golf course home located on the 4th fairway in The Citrus Country Club. Highly efficient construction with 50+ panels of owned solar. Heavily insulated interior walls, solar tubes and 6 in. exterior walls for maximum energy efficiency! Home offers granite slab kitchen with open floor plan including massive great room and high ceilings. 5 bedrooms including a large attached casita with a private living area. 3 fireplaces are located in the living area, master bed and attached casita. The list goes on in this wonderful home with a large exercise room, multiple walk-in closets and butlers pantry, Upgrades include newly painted exterior of home, interior paint, carpet and kitchen hardware. Oversized pool/spa, misters, outdoor kitchen, are perfect for all of your outdoor entertainment! 3 car garage with air conditioning. This home truly has it all to live the ultimate desert lifestyle! The manager has listed the unit size as 5125 square feet.
| |||
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Keller Williams Realty | $1,455,000 | |
| Listed by Keller Williams Realty | |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Citrus Club
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Listed by: Lowell Fulson, Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219051912DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219051912DA
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