NOT LISTED FOR SALE

40963 Lake View Dr Indio, CA 92203

Estimated Value: $1,123,000 - $5,069,000

4 Beds
4.5 Baths
4,946 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 07, 2013

Last sale price $2,675,000 $541 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $21,275/month

538 Days on Market

Highlights

  • Private Dock Site
  • Outdoor Pool
  • Primary Bedroom Suite
  • Community Dry Dock
  • Rooftop Deck
  • Panoramic View

About This Home

As of October 2013

This Old World masterpiece may be the nicest home at Shadow Lake Estates, the desert's only private, waterski & recreation lake community! Inside you will find huge wooden beams ceilings, carved limestone fireplaces, custom built-ins thru-out, pocket doors, Crestron lighting system, travertine floors, wood doors & windows, the best of everything! Most of the living is done on the main level, with a circular staircase leading up to a guest suite & view deck, and leading down to a game room at lake level. Incredible outdoor living includes a 50' infinity edge pool, travertine decking, 2 BBQ areas, fireplace & music! The state-of-the-art 46-acre lake offers water skiing, boating, sailing & fishing. A covered luxury boat dock with electric lift is included! Shadow Lake is 20 minutes to El Paseo Drive, 3 minutes to Landmark Golf Club, 5 minutes from Empire Polo Fields, 10 minutes from PGA West, 7 minutes to Bermuda Dunes airport, 21 minutes to Palm Springs.

Last Agent to Sell the Property

Jenell VanDenBos

Bennion Deville Homes License #01833698 Listed on: 03/27/2012

Last Buyer's Agent

Jenell VanDenBos

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.84 Acre Lot
  • South Facing Home
  • Sprinklers on Timer

HOA Fees

  • $790 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Spanish Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Tile Roof

Interior Spaces

  • 4,946 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Raised Hearth
  • Custom Window Coverings
  • Entryway
  • Living Room with Fireplace
  • Utility Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Private Dock Site
  • Rooftop Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 692270009

Community Details

Overview

  • Shadow Lake Estates Subdivision, Custom House Floorplan

Recreation

  • Community Dry Dock

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.84 Acres

HOA Fees

$790 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: Three Or More
  • Builder Model Name: Custom House
  • Builders Tract Code: Shadow Lake Estates
  • Building Style: Mediterranean, Spanish
  • Entry Floor: 1
  • List Price per Sq Ft: 596.44
  • Lp Sp Ratio: 0.9068
  • View Type: City, City Lights, Lake, Mountain(s), Panoramic
  • Year Built: 2007
  • Listing I D: 21450804
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Shadow Lake Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room, Master Bedroom
  • Interior Amenities: Beamed Ceilings, Built-In Features, High Ceilings (9 Ft+), Home Automation System, Surround Sound Wired
  • Fireplace Features: Raised Hearth
  • Flooring: Carpet, Travertine
  • Bedroom Features: Master Suite
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Powder Room, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Nook, Kitchen Island
  • Kitchen Features: Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 4946.00
  • Windows Treatments: Custom Window Covering, Skylight(s)

Exterior Features

  • Other Features: Barbeque Private, Boat Slip, Custom Built, Dock Private
  • Roofing: Tile
  • Patio: Covered, Deck, Roof Top Deck
  • Pool: Yes
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Private
  • View: Yes

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Security: Security System Owned
  • Sewer: Septic Tank
  • Water: Water District

Condo/Co-op/Association

  • Association Amenities: Dry Dock, Picnic Area
  • HOA Information: Yes
  • HOA Fee 1: 790.00
  • Total Monthly Association Fees: 790.00

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 692270009
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.8400
  • Lot Size: 36590.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2012
Closed on
Sep 17, 2013
Sold by
Vande Steeg Nickolas
Bought by
Miller Marion Gabriele and 2011 Usa Miller Trust
Seller's Agent
Jenell VanDenBos
Bennion Deville Homes
Buyer's Agent
Jenell VanDenBos
List Price
$3,895,000
Sold Price
$2,675,000
Premium/Discount to List
-$1,220,000
-31.32%
Current Estimated Value
$3,297,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,188
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Adonai Builders Llc
Bought by
Vandesteeg Nickolas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Marion Gabriele $2,675,000 Chicago Title Company
Vandesteeg Nickolas $1,212,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2013 10/07/13 Sold $2,675,000 -9.3% $541 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
03/20/2013 03/20/13 Price Changed $2,950,000 -7.8% $596 / Sq Ft
09/26/2012 09/26/12 Price Changed $3,200,000 -15.8% $647 / Sq Ft
08/30/2012 08/30/12 Price Changed $3,800,000 -2.4% $768 / Sq Ft
03/27/2012 03/27/12 For Sale $3,895,000 -- $788 / Sq Ft
Source: California Desert Association of REALTORS®

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 $39,949 $3,279,174 $980,685 $2,298,489
2023 $39,153 $3,151,841 $942,604 $2,209,237
2022 $38,361 $3,090,041 $924,122 $2,165,919
2021 $37,501 $3,029,452 $906,002 $2,123,450
2020 $36,765 $2,998,390 $896,713 $2,101,677
2019 $36,042 $2,939,599 $879,131 $2,060,468
2018 $35,328 $2,881,961 $861,894 $2,020,067
2017 $34,607 $2,825,453 $844,995 $1,980,458
2016 $33,767 $2,770,053 $828,427 $1,941,626
2015 $33,893 $2,728,446 $815,984 $1,912,462
2014 $33,313 $2,675,000 $800,000 $1,875,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21450804

California Desert Association of REALTORS®

APN: 692-270-009

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