NOT LISTED FOR SALE

1018 Cahuilla Falls Palm Desert, CA 92260

Estimated Value: $6,218,000 - $7,518,000

5 Beds
7 Baths
6,770 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $4,800,000 $709 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $44,975/month

38 Days on Market

Highlights

  • On Golf Course
  • Wine Cellar
  • Pebble Pool Finish
  • Palm Desert High School Rated A
  • Home Theater
  • Gourmet Kitchen

About This Home

As of May 2014

If you are looking for the best in outdoor living you have found your home. Complete with real wood-burning fireplace, ceiling heaters, BBQ cook center, sit-down wet bar and two flat screen TVs, this outdoor living room has one of the best views over the 3rd green of BIGHORN's Canyon course. Electronic glass walls in the family room, living room and master suite. Theatre in perfect location - right next to the kitchen! Two guest suites inside the house and a separate-entry guest house with two bedrooms suites, a living room with breakfast bar and guest powder bath. Fabulous wine room with contemporary lighting is open to the dining room. Butler's pantry is conveniently located near kitchen, theatre and dining room. Office with custom built-ins is near master suite. Speaking of master suite, it has fireplace, pocketing glass walls, large bathroom with garden windows and direct access out to private spa and patio with fire pit and lounge seating. Professionally furnished

Last Agent to Sell the Property

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 02/28/2014

Last Buyer's Agent

Sandi Phillips

HK Lane Real Estate License #01193483

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,210

Year Built

  • Built in 2006

Lot Details

  • 0.53 Acre Lot
  • On Golf Course
  • Drip System Landscaping
  • Sprinklers on Timer
  • Lawn

HOA Fees

  • $735 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 6,770 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Raised Hearth
  • Gas Log Fireplace
  • Marble Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Utility Room
  • Travertine
  • Smart Home

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Granite Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Fireplace in Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 652320034

Community Details

Overview

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

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,210

Year Built

Built in 2006

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Bighorn Golf Club
  • Building Style: Contemporary
  • Included In Sale: Furnished per approved inventory
  • List Price per Sq Ft: 767.36
  • Lp Sp Ratio: 0.9240
  • View Type: Golf Course, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2006
  • Listing I D: 214008322
  • 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 Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Selling Office Fax: (760) 541-4899
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Casita - Guest House, Master Bedroom, Living Room, Great Room
  • Interior Amenities: Built-In Features, Wet Bar, Surround Sound Wired, Open Floorplan, High Ceilings (9 Ft+), Home Automation System
  • Fireplace Features: Fire Pit, Gas Log, Marble, Raised Hearth
  • Flooring: Travertine
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Double Vanity(s), Granite Shower, Under Vanity Lighting, Travertine, Shower & Tub, Powder Room
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Dining Area, Breakfast Nook
  • Kitchen Features: Granite Counters, Pantry, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 6770.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco, Stone
  • Other Features: Barbeque Private, Custom Built
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Heating: Central, Zoned, Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Trash, Security
  • HOA Information: Yes
  • HOA Fee 1: 735.00
  • Total Monthly Association Fees: 735.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652320034
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.5300
  • Lot Description: Lawn, Utilities Underground, Landscaped
  • Lot Location: On Golf Course
  • Lot Size: 23087.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Rayment Cary R and Rayment Janet R
Bought by
Rayment Living Trust
Total Days on Market
38
Current Estimated Value
$6,942,565

Purchase Details

Closed on
Sep 6, 2016
Sold by
Geddie William F and Geddie Barbara A
Bought by
Rayment Cary R and Rayment Janet R

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 14, 2014
Sold by
B 16 Development Inc
Bought by
Geddie William F and Geddie Barbara A
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Sandi Phillips
HK Lane Real Estate
List Price
$5,195,000
Sold Price
$4,800,000
Premium/Discount to List
-$395,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$1,100,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Bighorn Development Llc
Bought by
B 16 Development Inc

Purchase Details

Closed on
May 6, 2013
Sold by
Pasternack Lawrence
Bought by
Bighorn Development Llc

Purchase Details

Closed on
Nov 28, 2007
Sold by
Pasternack Lynnette
Bought by
Pasternack Lawrence

Purchase Details

Closed on
Oct 11, 2006
Sold by
Vision West Investments Llc
Bought by
Pasternack Lawrence and Pasternack Lynnette
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
Rayment Living Trust -- None Listed On Document
Rayment Cary R $4,500,000 Lawyers Title Company
Geddie William F -- Lawyers Title Company
B 16 Development Inc $3,000,000 Fidelity National Title Co
Bighorn Development Llc -- Fidelity National Title Co
Pasternack Lawrence -- None Available
Pasternack Lawrence -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geddie William F $300,000
Previous Owner Geddie William F $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $4,800,000 -7.6% $709 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $5,195,000 -- $767 / 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 $63,210 $5,019,834 $2,231,037 $2,788,797
2022 $60,714 $4,921,407 $2,187,292 $2,734,115
2021 $59,504 $4,824,909 $2,144,404 $2,680,505
2020 $58,366 $4,775,436 $2,122,416 $2,653,020
2019 $57,240 $4,681,800 $2,080,800 $2,601,000
2018 $56,138 $4,590,000 $2,040,000 $2,550,000
2017 $54,989 $4,500,000 $2,000,000 $2,500,000
2016 $58,498 $4,815,235 $2,278,176 $2,537,059
2015 $58,744 $4,742,907 $2,243,956 $2,498,951
2014 $38,918 $3,123,291 $1,042,491 $2,080,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214008322

California Desert Association of REALTORS®

APN: 652-320-044