82425 Ave 55
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jun 27, 2021 | In contract | - | |
| In contract | |||
| Feb 6, 2021 | Price Increased |
$6,950,000
↑ $1M
(16.8%) | |
| Price Increased | |||
| Nov 14, 2020 | Listed by Pacific Sotheby's International Realty | $5,950,000 | |
| Listed by Pacific Sotheby's International Realty | |||
| | |||
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This gated compound is set on 20 acres, private yet close to the Village of La Quinta with golf, tennis, and equestrian activities just a few minutes away. The main home underwent a major and spectacular rebuild in the last couple of years. Attached are a charming guest wing and a caretaker's casita. The home is approached through a gated entrance off a quiet road. A long, shady drive with Deglet date groves on either side opens to a generous, granite paver courtyard and the grand, 8612+- SF home which includes 7+ bedrooms, upstairs media room and many porches accessed off living spaces and bedrooms for indoor/outdoor living. A gracious melding of European formality relaxed with Old California aesthetic creates a warm and welcoming home. The owners combined their passion for design with their love of horses and polo and put their energies into overseeing the construction of this immaculately crafted home. Beautifully designed to separate the various wings with grand foyer and hallways. Selected especially for this home and included with purchase is a 1876 Steinway grand piano and circa 1700s baroque hall armoire from the workshop of Thomas Weber. Enjoy spectacular long views of 60' x 30' salt water pool and the mountains beyond. Deeded water rights/low taxes in Ag reserve. Equestrian cross country course, stick/ball polo field, etc. As this property is close to the Eldorado and Empire Polo clubs, One weekend Coachella Event Party was held netting owners approx. $125,000. The manager has listed the unit size as 8172 square feet.
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About Vista Santa Rosa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017