$8,115,000
SOLD MAY 26, 2017

1014 Cahuilla Falls Palm Desert, CA 92260

4 Beds
4.5 Baths
8,166 Sq Ft
0.69 Acres

Recently Sold

$994 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • On Golf Course
  • Attached Guest House
  • Home Theater
  • Palm Desert High School Rated A
  • Wine Cellar
  • Pebble Pool Finish

About This Home

As of February 2024

Beautiful contemporary custom home newly completed and furnished.

Last Agent to Sell the Property

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 05/08/2017

Last Buyer's Agent

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 05/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120,266

Year Built

  • Built in 2017

Lot Details

  • 0.69 Acre Lot
  • On Golf Course
  • Home has sun exposure from multiple directions
  • Landscaped
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $830 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 8,166 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Raised Hearth
  • Gas Log Fireplace
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Utility Room
  • Carpet
  • Smart Home

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • Automatic Gate
  • Guest Parking
  • Golf Cart Garage

Pool

  • Pebble Pool Finish
  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • 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
  • Underground Utilities
  • Property is located within a water district
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 652320033

Community Details

Overview

  • Association fees include cable TV, trash, security
  • Bighorn Golf Club Subdivision
  • 5-Story Property

Amenities

  • Community Mailbox

Recreation

  • Golf Course Community

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$120,266

Year Built

Built in 2017

Lot Details

0

HOA Fees

$830 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, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Bighorn Golf Club
  • Building Number Of Stories: 5
  • Building Style: Contemporary, Modern
  • Included In Sale: Furnished per approved inventory
  • List Price per Sq Ft: 1062.37
  • Lp Sp Ratio: 0.9354
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2017
  • Listing I D: 217013624
  • 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: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Selling Member Fax: (760) 610-8445
  • Selling Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Selling Office Fax: (760) 779-1983
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: NewHome

Interior Features

  • Appliances: Bar Ice Maker, Gas Cooktop, Microwave Oven, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Casita - Guest House, Master Bedroom, Great Room
  • Interior Amenities: Built-In Features, Wet Bar, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Home Automation System
  • Range Hood: Yes
  • Fireplace Features: Fire Pit, Gas Log, Raised Hearth
  • Flooring: Carpet
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Under Vanity Lighting, Shower & Tub, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Formal Dining Room, Breakfast Nook
  • Kitchen Features: Island, Pantry
  • Laundry: Individual Room, In Bathroom
  • Estimated Sq Ft: 8166.00

Exterior Features

  • Construction: Glass, Stucco
  • Other Features: Barbeque Private, Custom Built
  • Other Structures: Guest House Attached
  • Roofing: Flat, Rolled/Hot Mop, Tar/Gravel
  • Built-in BBQ: Gas
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Salt Water, Lap
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Direct Entrance, Guest, Oversized
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Trash, Security
  • HOA Information: Yes
  • HOA Fee 1: 830.00
  • Total Monthly Association Fees: 830.00

Lot Info

  • Assessor Parcel Number: 652320033
  • Lot Acres: 0.6900
  • Lot Description: Automatic Gate, Utilities Underground, Level, Landscaped, Front Yard, Back Yard
  • Lot Location: On Golf Course
  • Lot Size: 30056.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Feb 5, 2024
Sold by
Adam S Cohen Revocable Living Trust
Bought by
Bellisario Donald and Bellisario Vivienne
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Ball Lorna
Bighorn Properties, Inc.
List Price
$12,350,000
Sold Price
$12,350,000
Views
13
Current Estimated Value
$9,216,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,133,488
Avg. Annual Appreciation
-19.78%

Purchase Details

Closed on
Jul 25, 2022
Sold by
Cohen Adam S
Bought by
Cohen Adam S Revocable Living Trust

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 16, 2022
Sold by
Lynch Scott W and Lynch Julie A
Bought by
Cohen Adam
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Ball Lorna
Bighorn Properties, Inc.
List Price
$10,300,000
Sold Price
$10,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.15%
Original Mortgage
$5,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2017
Closed on
May 15, 2017
Sold by
Cahuilla 2015 Llc
Bought by
Lynch Scott W and Lynch Julie A
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Ball Lorna
Bighorn Properties, Inc.
List Price
$8,675,309
Sold Price
$8,115,000
Premium/Discount to List
-$560,309
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

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
Grant Deed $12,350,000 Lawyers Title
Quit Claim Deed -- --
Grant Deed $9,400,000 None Listed On Document
Grant Deed $6,965,000 Lawyers Title Company
Grant Deed $8,000,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $12,350,000 0.0% $1,512 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $12,350,000 +19.9% $1,512 / Sq Ft
03/24/2022 03/24/22 Sold $10,300,000 0.0% $1,242 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $10,300,000 +26.9% $1,242 / Sq Ft
05/26/2017 05/26/17 Sold $8,115,000 -6.5% $994 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $8,675,309 -- $1,062 / 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
2025 $120,266 $20,971,200 $4,222,800 $16,748,400
2023 $120,266 $9,588,000 $3,468,000 $6,120,000
2022 $93,724 $7,617,242 $3,023,930 $4,593,312
2021 $91,868 $7,467,886 $2,964,638 $4,503,248
2020 $90,094 $7,391,313 $2,934,240 $4,457,073
2019 $88,353 $7,246,386 $2,876,706 $4,369,680
2018 $86,650 $7,104,300 $2,820,300 $4,284,000
2017 $50,506 $4,132,000 $1,632,000 $2,500,000
2016 $19,673 $1,600,000 $1,600,000 $0
2015 $1,060 $77,575 $77,575 $0
2014 $3,746 $76,056 $76,056 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217013624

California Desert Association of REALTORS®

APN: 652-320-033