NOT LISTED FOR SALE

1011 Mountain Spring Palm Desert, CA 92260

Estimated Value: $6,065,000 - $8,665,000

4 Beds
8 Baths
9,017 Sq Ft
$802/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $5,200,000 $577 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $46,858/month

152 Days on Market

Highlights

  • Lake Front
  • Attached Guest House
  • Second Kitchen
  • Palm Desert High School Rated A
  • Golf Course Community
  • Wine Cellar

About This Home

As of August 2020

This fantastic home has recently been re-imagined with furniture, fixtures and landscaping. Terrific open floor plan with outdoor living, infinity edge pool and your private putting green. Unobstructed south exposure with views of the Canyons #2 fairway and the Santa Rosa Mountain range beyond. This home lives well for a couple, with master suite, office, one guest suite, great room and kitchen all on the main level. Lower level features game room with full bath, wine grotto with dining table and theater with powder bathroom. Separate entry guest house features two suites with a shared living room and kitchenette. Private dog park accessed from inside office or guest house. Professional chef's kitchen plus catering kitchen, as well as outdoor BBQ center. Additional amenities include a wet bar, a 'locker room' for storage right off garage and guest powder baths on each level. Offered furnished, excluding artwork.

Last Agent to Sell the Property

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 03/05/2020

Last Buyer's Agent

Deirdre Coit

Compass License #00956865

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,173

Year Built

  • Built in 2007

Lot Details

  • 0.52 Acre Lot
  • Lake Front
  • Southeast Facing Home

HOA Fees

  • $1,085 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Creek or Stream
  • Mountain

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 9,017 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • High Ceiling
  • Raised Hearth
  • Marble Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Storage
  • Utility Room
  • Smart Home

Kitchen

  • Kitchenette
  • Second Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Linen Closet
  • Walk-In Closet
  • Split Bathroom
  • Powder Room
  • Marble Bathroom Countertops
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Pool

  • Heated Infinity Pool
  • Pebble Pool Finish
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Casita
  • Built-In Barbecue

Additional Homes

  • Attached Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 652320009

Community Details

Overview

  • Association fees include cable TV, security, trash
  • Bighorn Golf Club Subdivision
  • Planned Unit Development

Amenities

  • Service Entrance
  • Community Mailbox

Recreation

  • Golf Course Community
  • Putting Green
  • Dog Park

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,173

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,085 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces South
  • Levels: Two
  • Builders Tract Code: Bighorn Golf Club
  • Building Number Of Stories: 4
  • Building Style: Mediterranean
  • Casita Features: Kitchenette
  • Casita Features Other: attached
  • Entry Location: Main Level
  • Included In Sale: Furnished per approved inventory
  • List Price per Sq Ft: 648.77
  • Lp Sp Ratio: 0.8900
  • View Type: Creek/Stream, Golf Course, Lake, Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 2007
  • Co Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219040615
  • Listing Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Listing Member Fax: (760) 610-8445
  • Listing Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-1983
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Fax: (760) 406-4056
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, Microwave Oven, Refrigerator, Self Cleaning Oven, Washer
  • Appliances Other: Warming Drawers
  • Fireplace: Yes
  • Fireplace Location: Casita - Guest House, Exterior, Great Room, Master Bedroom
  • Interior Amenities: Built-In Features, High Ceilings (9 Ft+), Home Automation System, Open Floorplan, Storage, Surround Sound Wired, Wet Bar
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Gas, Gas Starter, Marble, Raised Hearth
  • Flooring: Carpet, Travertine
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Linen Closet, Marble Counters, Powder Room, Shower & Tub, Split Bath, Travertine
  • One Quarter Bathrooms: 2.00
  • Total Bathrooms: 8.00
  • Full Bathrooms: 6
  • Eating Areas: Dining Area, Kitchen Island, Living/Dining Combo
  • Kitchen Features: Granite Slab Counters, Island, Pantry, Second Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 9017.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Other Features: Barbeque Private, Custom Built, Putting Green
  • Other Structures: Guest House Attached
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Infinity, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener, Golf Cart Garage
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Zoned
  • Heating: Central, Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox, Doggie Park, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security, Trash
  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 1085.00
  • Total Monthly Association Fees: 1085.00

Lot Info

  • Assessor Parcel Number: 652320009
  • Lot Acres: 0.5200
  • Lot Size: 22651.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 22, 2020
Sold by
Burton Jennifer A and The Wygwyd Trust
Bought by
Arrowsmith Peter C and Rahimzadeh Sepi
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Deirdre Coit
Compass
List Price
$5,850,000
Sold Price
$5,200,000
Premium/Discount to List
-$650,000
-11.11%
Total Days on Market
152
Current Estimated Value
$7,231,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,031,250
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Burton Jennifer Ann
Bought by
Burton Jennifer A and The Wygwyd Trust

Purchase Details

Closed on
Nov 22, 2019
Sold by
Wilmeth Robert D and Olympic Trust
Bought by
Burton Jennifer Ann

Purchase Details

Closed on
Jun 3, 2019
Sold by
Bb Capital Inc
Bought by
Burton Mary Elizabeth and Burton Betsy

Purchase Details

Closed on
Jan 5, 2009
Sold by
Mathewson Charles N
Bought by
Bb Capital Inc

Purchase Details

Closed on
Feb 25, 2008
Sold by
Johnson Elizabeth P and Dunham Curtis G
Bought by
Mathewson Charles N and Charles N Mathewson Trust

Purchase Details

Closed on
Jul 19, 2006
Sold by
Dunham Selby
Bought by
Dunham Curtis G and Dunham Selby S

Purchase Details

Closed on
Apr 20, 2006
Sold by
Johnson Elizabeth P and Dunham Selby
Bought by
Johnson Elizabeth P and Dunham Selby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,366,878
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 29, 2004
Sold by
Bighorn Development Llc
Bought by
Benton Elizabeth P and Schriber Selby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arrowsmith Peter C $4,750,000 Lawyers Title Company
Burton Jennifer A -- None Available
Burton Jennifer Ann -- None Available
Burton Mary Elizabeth -- None Available
Bb Capital Inc -- Fidelity National Title Co
Mathewson Charles N -- Fidelity National Title Co
Dunham Curtis G -- None Available
Dunham Selby -- None Available
Johnson Elizabeth P -- Orange Coast Title Company
Johnson Elizabeth P -- Orange Coast Title Company
Dunham Selby -- Orange Coast Title Company
Benton Elizabeth P -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Elizabeth P $5,366,878
Previous Owner Benton Elizabeth P $961,000
Previous Owner Benton Elizabeth P $942,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $5,200,000 -11.1% $577 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $5,850,000 -- $649 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $62,173 $4,941,900 $2,080,800 $2,861,100
2022 $59,720 $4,845,000 $2,040,000 $2,805,000
2021 $58,534 $4,750,000 $2,000,000 $2,750,000
2020 $71,806 $5,887,440 $2,040,000 $3,847,440
2019 $70,421 $5,772,036 $2,077,930 $3,694,106
2018 $69,064 $5,658,860 $2,037,187 $3,621,673
2017 $67,650 $5,547,903 $1,997,243 $3,550,660
2016 $65,978 $5,439,122 $1,958,082 $3,481,040
2015 $66,257 $5,357,423 $1,928,671 $3,428,752
2014 $65,128 $5,252,481 $1,890,892 $3,361,589
Source: Public Records

Agents Affiliated with this Home

  • Ball Lorna

    Seller's Agent in 2020

    Ball Lorna

    Bighorn Properties, Inc.

    (760) 610-8444

    82 Total Sales

    Ball Lorna
    Section Image
  • Deirdre Coit

    Buyer's Agent in 2020

    Deirdre Coit

    Compass

    (760) 835-1006

    112 Total Sales

    Deirdre Coit
    Section Image

  • S

    Buyer Co-Listing Agent in 2020

    Susan Canavan

    Coldwell Banker Residential Brokerage

  • S

    Buyer Co-Listing Agent in 2020

    Sue canavan

    Compass

    (760) 808-1372

    41 Total Sales

    Sue canavan
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219040615

California Desert Association of REALTORS®

APN: 652-320-009

California Riverside County Palm Desert 92260

1011 Mountain Spring, Palm Desert, CA

This home is located at 1011 Mountain Spring, Palm Desert, CA 92260 since 05 March 2020 and is currently estimated at $7,231,250, approximately $801 per square foot. This property was built in 2007. 1011 Mountain Spring is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

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