NOT LISTED FOR SALE

1120 Lake Vista Palm Desert, CA 92260

Estimated Value: $2,717,000 - $3,488,000

4 Beds
4.5 Baths
3,314 Sq Ft
$963/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $2,555,000 $771 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $21,583/month

120 Days on Market

Highlights

  • Lake Front
  • Attached Guest House
  • Pebble Pool Finish
  • Palm Desert High School Rated A
  • Golf Course Community
  • Casita

About This Home

As of February 2021

Welcome to an amazing view of waterfalls, palm trees and mountains - all facing south! This newly-renovated four-bedroom suite home is ready for immediate occupancy within the gates of BIGHORN Golf Club. A custom waterfall feature and sculptural landscape adorns the private entry courtyard which provides access to all three guest suites. Contemporary glass door on pivoting axis, ledger stone mixed with light surfaces and floor-to-ceiling glass makes this furnished home a timeless desert getaway. Indoor outdoor living with waterside dining, ceiling heaters, new BBQ center, chaise lounges, fire pit and unobstructed views of three waterfall and mountains. Open great room layout, including kitchen with stainless appliances, polished quartz counters and flat-front cabinetry. High ceilings, custom fireplace and water feature surround the media wall and bar. Three suites are inside the main residence, one of which is currently furnished as an office. One separate-entry guest house is complete with refrigerator and morning bar. Great storage in air-conditioned garage with epoxy finish and built-in cabinetry.

Last Agent to Sell the Property

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 10/22/2020

Last Buyer's Agent

Phyllis Cyphers

Compass License #01810454

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,660

Year Built

  • Built in 2000

Lot Details

  • 0.27 Acre Lot
  • Lake Front
  • Home has North and South Exposure
  • Masonry wall
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $1,150 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Wood Siding
  • Stucco Exterior
  • Stone Veneer

Interior Spaces

  • 3,314 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Raised Hearth
  • Gas Log Fireplace
  • Marble Fireplace
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Marble Bathroom Countertops
  • Double Vanity
  • Bidet
  • Shower Only in Secondary Bathroom
  • Marble Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway
  • Golf Cart Garage

Pool

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

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Casita
  • Built-In Barbecue

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Hot Water Circulator
  • Gas Water Heater
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 652110013

Community Details

Overview

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

Amenities

  • Community Mailbox

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,660

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Bighorn Golf Club
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Modern
  • Casita Features Other: Attached
  • List Price per Sq Ft: 859.99
  • Lp Sp Ratio: 0.9000
  • View Type: Lake, Water, Panoramic, Park/Green Belt, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2000
  • Listing I D: 219053375
  • 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: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Self Cleaning Oven, Gas Range, Washer, Refrigerator, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Wet Bar, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Fire Pit, Gas Log, Marble, Gas Starter, Raised Hearth
  • Flooring: Carpet, Travertine
  • Bedroom Features: Primary Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Bidet, Marble Counters, Under Vanity Lighting, Shower Stall, Powder Room, Marble Shower, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Galley Kitchen, Quartz Counters, Remodeled, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3314.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Glass, Wood, Stone Veneer, Stucco
  • Other Features: Barbeque Private
  • Other Structures: Guest House Attached
  • Built-in BBQ: Gas
  • Fencing: Masonry
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Waterfall, In Ground
  • 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: Golf Cart Garage, Driveway, Garage Door Opener, Direct Entrance, Circular Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

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

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
  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 1150.00
  • Total Monthly Association Fees: 1150.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652110013
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.2700
  • Lot Description: Back Yard, Utilities Underground, Landscaped, Front Yard
  • Lot Location: Lake Front, Waterfront
  • Lot Size: 11761.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 13, 2021
Sold by
Murry James R
Bought by
Frimmer Paul N and Cooper Craig
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Phyllis Cyphers
Compass
List Price
$2,850,000
Sold Price
$2,555,000
Premium/Discount to List
-$295,000
-10.35%
Current Estimated Value
$3,191,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,946
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Jul 28, 2016
Sold by
Bessette Michelle
Bought by
Murry James R

Purchase Details

Closed on
Nov 9, 2011
Sold by
Bessette Michelle
Bought by
Bessette Michelle and The Bessette U S Property Trust

Home Financials for this Owner

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

Purchase Details

Closed on
May 2, 2011
Sold by
Merlino Donald J and Merlino Joan P
Bought by
Bessette Michelle and The Bessette U S Property Trust

Purchase Details

Closed on
Jan 26, 2001
Sold by
Pinnacle Development Ii Llc
Bought by
Merlino Donald J and Merlino Joan P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Frimmer Paul N $2,555,000 Lawyers Title Company
Murry James R $1,710,000 Lawyers Title Company
Bessette Michelle -- Fidelity National Title Co
Bessette Michelle -- Lawyers Title
Merlino Donald J $1,870,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murry James R $850,000
Previous Owner Bessette Michelle $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $2,555,000 -10.4% $771 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
10/22/2020 10/22/20 For Sale $2,850,000 +50.0% $860 / Sq Ft
12/22/2016 12/22/16 Sold $1,900,000 -17.2% $573 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $2,295,000 -- $693 / 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 $33,660 $4,962,950 $568,276 $4,394,674
2023 $33,660 $2,658,222 $546,210 $2,112,012
2022 $32,314 $2,606,100 $535,500 $2,070,600
2021 $22,830 $1,833,464 $707,653 $1,125,811
2020 $22,398 $1,814,665 $700,397 $1,114,268
2019 $21,970 $1,779,084 $686,664 $1,092,420
2018 $21,552 $1,744,200 $673,200 $1,071,000
2017 $21,114 $1,710,000 $660,000 $1,050,000
2016 $25,179 $2,056,290 $757,580 $1,298,710
2015 $25,283 $2,025,404 $746,201 $1,279,203
2014 $19,569 $1,557,000 $574,000 $983,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219053375

California Desert Association of REALTORS®

APN: 652-110-013