1
Map
$930,000
●
House -
Off Market
839 Red Arrow Trail
Palm Desert, CA 92211
3 Beds
3 Baths,
1
Half Bath
3,757 Ft²
$1,287,553
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
This Magnificent, south facing, waterfront home is like no other!
Owners did major re-designs & upgrades to the original floor plan
when first constructed making it a semi custom home with
approximately 200+sf more than a normal Smoketree-5. The entrance
was enclosed with custom glass doors & skylights, an additional
walk-in master bedroom closet was added, & the the fourth bedroom
was expanded to create a game room big enough to house a 9' pool
table, card table, dart game, 300 gal. salt water aquarium, large
flat screen TV and 15ft.granite wet bar with two built-in TV's so
sports aficionados can watch 2 games simultaneously. Living room
houses 120in. TV screen which drops down from ceiling for those
great Super Bowl parties. Exterior upgrades include flagstone
patio, built in BBQ, waterfall with fire pit, stunning bronze
statues, salt water pool & spa, 3 electric awnings & one of the
best water, mountain & golf views in all of Indian Ridge! (See
Enhancements & Special Features List
Unit Size
3,757 Ft²
Days on Market
352 days
Land Size
0.07 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
$883
Year Built
1993
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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: 4 months ago (CRMLS #219022929DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2019 | Listed by Bennion Deville Homes | $940,000 | |
| Listed by Bennion Deville Homes | |||
| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| Mar 3, 2019 | Price Decreased |
$960,000
↓ $90K
(8.6%) | |
| Price Decreased | |||
| Jan 13, 2019 | Listed | $1,050,000 | |
| Listed | |||
| | |||
|
Entertainer's Dream-just in time for that Big Super Bowl Party!! South facing with amazing water and mountain views. This home has been modified from the original Smoketree 5 floor plan, expanded to approximately 4,000 square feet with 3 bedrooms, 3.5 baths, plus a sports bar complete with pool table, game tables, and a lively 3D mural painting on the bar wall. There is also a 120'' HD projector and screen for amazing Super Bowl coverage or for watching your favorite movie. This home has remarkable upgrades including glass etched doors leading into the home as well as into the kitchen, a 300+ gallon exotic fish tank, upgraded kitchen and millwork throughout. The powder bath is stunning and could be featured in any designer magazine. The outdoor living area is complete with a pool and spa, fire pit and awnings. Sellers have previously accommodated parties with up to 100 guests. Put this home on your must see list! Partially furnished per inventory list, Membership available. The manager has listed the unit size as 4000 square feet.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Barbara Merrill, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219022929DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219022929DA
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