$10,350,000
SOLD DEC 13, 2019

1012 Cahuilla Falls Palm Desert, CA 92260

5 Beds
7 Baths
8,971 Sq Ft
0.84 Acres

Recently Sold

$1,154 Per Sq Ft

1 Day on Market

Highlights

  • Guest House
  • Golf Course Community
  • Heated In Ground Pool
  • Palm Desert High School Rated A
  • Home Theater
  • Casita

About This Home

As of March 2022

This home is located at 1012 Cahuilla Falls, Palm Desert, CA 92260 and is currently priced at $10,350,000, approximately $1,153 per square foot. This property was built in 2019. 1012 Cahuilla Falls is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 11/10/2019

Last Buyer's Agent

John Nelson

Compass License #01116367

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $129,184

Year Built

  • Built in 2019

Lot Details

  • 0.84 Acre Lot
  • Sprinkler System

HOA Fees

  • $1,085 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Interior Spaces

  • 8,971 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat

Laundry

  • Washer
  • Gas Dryer

Parking

  • 5 Car Attached Garage
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Outdoor Fireplace
  • Casita
  • Built-In Barbecue

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652320032

Community Details

Overview

  • Bighorn Golf Club Subdivision
  • Planned Unit Development

Amenities

  • Community Mailbox

Recreation

  • Golf Course Community

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$129,184

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,085 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 4
  • Casita Features: Washer Gas, Dryer Gas
  • List Price per Sq Ft: 1153.72
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Mountain(s)
  • Year Built: 2019
  • Co Selling Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Co Selling Office Fax: (949) 335-7281
  • Listing I D: 219033644
  • Listing Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Listing Member Fax: (760) 610-8213
  • Listing Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-1983
  • Selling Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Selling Office Fax: (949) 335-7281
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Retreat, Living Room, Casita - Guest House
  • Fireplace Features: Gas
  • Flooring: Carpet
  • Total Bedrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Estimated Sq Ft: 8971.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Built-in BBQ: Gas
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage
  • Total Covered Spaces: 5.00
  • Total Garage Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1085.00
  • Total Monthly Association Fees: 1085.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652320032
  • Irrigation: Sprinkler System
  • Lot Acres: 0.8399
  • Lot Size: 36590.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Lynch Scott W and Lynch Julie A
Bought by
Grateful Trust and Lynch
Total Days on Market
1
Current Estimated Value
$8,037,965

Purchase Details

Listed on
Feb 18, 2022
Closed on
Feb 22, 2022
Sold by
828 California Properties Llc
Bought by
Lynch Scott W and Lynch Julie A
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
Ball Lorna
Bighorn Properties, Inc.
List Price
$11,450,000
Sold Price
$11,200,000
Premium/Discount to List
-$250,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.10%

Purchase Details

Listed on
Nov 10, 2019
Closed on
Nov 13, 2019
Sold by
Sandy Investments Llc
Bought by
8 28 California Properties Llc
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
John Nelson
Compass
List Price
$10,350,000
Sold Price
$10,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$7,905,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Cahuilla 2015 Llc
Bought by
Sandy Investments Llc

Purchase Details

Closed on
Jun 11, 2015
Sold by
Bighorn Development Llc
Bought by
Cahuilla 2015 Llc
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 Type Sale Price Title Company
Deed -- First American Title Insurance
Grant Deed $10,100,000 Lawyers Title
Grant Deed $9,600,000 Lawyers Title Company
Grant Deed $3,800,000 Lawyers Title Company
Grant Deed $8,000,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,905,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $11,200,000 -2.2% $1,248 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $11,450,000 +10.6% $1,276 / Sq Ft
12/13/2019 12/13/19 Sold $10,350,000 0.0% $1,154 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $10,350,000 -- $1,154 / 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 $129,184 $10,302,000 $3,570,000 $6,732,000
2022 $121,566 $9,893,444 $3,503,928 $6,389,516
2021 $119,163 $9,699,456 $3,435,224 $6,264,232
2020 $116,863 $9,600,000 $3,400,000 $6,200,000
2019 $23,898 $1,938,000 $1,938,000 $0
2018 $20,329 $1,664,640 $1,664,640 $0
2017 $19,912 $1,632,000 $1,632,000 $0
2016 $19,419 $1,600,000 $1,600,000 $0
2015 $1,314 $97,421 $97,421 $0
2014 -- $95,513 $95,513 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219033644

California Desert Association of REALTORS®

APN: 652-320-032