1
Map
$9,022,500
●
House -
Off Market
81175 Elsworth Place
La Quinta, CA 92253
5 Beds
5 Baths,
2
Half Baths
7,967 Ft²
$15,192,896
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Designed by renowned architect Anton Marinkovich, this Desert
Contemporary home boasts over 8,000 square feet, 5 bedrooms and
five full and 2 half baths. Situated above the 5th hole of
the Tom Fazio-designed golf course, it features west facing views
of the majestic Santa Rosa mountains. A massive swimming pool
nearly 80 feet in length adds a tanning shelf and swim up bar.
Fire and water features are prevalent throughout, with nearly
7,000 sq. ft. of additional patio, courtyard and loggia space.
A butler's kitchen highlights the entertaining spaces, while
a media room upstairs has a five TV video wall. A sunken fire
lounge accommodates a dozen guests as you serve from the glass wine
wall which displays hundreds of your finest selections. The
master suite welcomes you with a steam shower, his and hers
showers, and a private whirlpool spa. Relax in the private
zen garden as you bask in the grandeur of this beautiful estate.
Unit Size
7,967 Ft²
Days on Market
82 days
Land Size
1.04 acres
Price per sqft
$1,349
Property Type
House
Property Taxes
-
HOA Dues
$1,350
Year Built
2020
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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 #219039020DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 6, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $10,750,000 | |
| Listed | |||
| | |||
|
Designed by renowned architect Anton Marinkovich, this Desert Contemporary home boasts over 8,000 square feet, 5 bedrooms and five full and 2 half baths. Situated above the 5th hole of the Tom Fazio-designed golf course, it features west facing views of the majestic Santa Rosa mountains. A massive swimming pool nearly 80 feet in length adds a tanning shelf and swim up bar. Fire and water features are prevalent throughout, with nearly 7,000 sq. ft. of additional patio, courtyard and loggia space. A butler's kitchen highlights the entertaining spaces, while a media room upstairs has a five TV video wall. A sunken fire lounge accommodates a dozen guests as you serve from the glass wine wall which displays hundreds of your finest selections. The master suite welcomes you with a steam shower, his and hers showers, and a private whirlpool spa. Relax in the private zen garden as you bask in the grandeur of this beautiful estate. The manager has listed the unit size as 7967 square feet.
| |||
| Feb 13, 2020 | Listed by Madison Club Properties | $10,750,000 | |
| Listed by Madison Club Properties | |||
| | |||
|
Designed by renowned architect Anton Marinkovich, this Desert Contemporary home boasts over 8,000 square feet, 5 bedrooms and five full and 2 half baths. Situated above the 5th hole of the Tom Fazio-designed golf course, it features west facing views of the majestic Santa Rosa mountains. A massive swimming pool nearly 80 feet in length adds a tanning shelf and swim up bar. Fire and water features are prevalent throughout, with nearly 7,000 sq. ft. of additional patio, courtyard and loggia space. A butler's kitchen highlights the entertaining spaces, while a media room upstairs has a five TV video wall. A sunken fire lounge accommodates a dozen guests as you serve from the glass wine wall which displays hundreds of your finest selections. The master suite welcomes you with a steam shower, his and hers showers, and a private whirlpool spa. Relax in the private zen garden as you bask in the grandeur of this beautiful estate.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Country Club of the Desert
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Listed by: Glenn Cassell, Madison Club Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219039020DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219039020DA
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