NOT LISTED FOR SALE

45666 Shadow Mountain Dr Palm Desert, CA 92260

Estimated Value: $683,000 - $1,006,950

3 Beds
2 Baths
1,308 Sq Ft
$650/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2022

Last sale price $980,000 $749 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,688 / mo

26 Days on Market

Highlights

  • Detached Guest House
  • Filtered Pool
  • Mountain View
  • Palm Desert High School Rated A
  • Midcentury Modern Architecture
  • Furnished

About This Home

As of December 2022

Introducing a rare and architecturally significant 1956 Walter S. White designed Mid-Century compound. The Charles Gibbs House #2 is one of just over 50 homes that White designed in the desert. Known for innovative, forward thinking and uniquely distinctive style. White was an important part of the "Desert Modernist" movement that forged the architectural landscape we know and cherish in the desert today. An early pioneer for nature and sustainability. He created imaginative roof designs and window systems that naturally diminished the harsh summer heat. Utilizing proper orientation for his structures he ensured energy efficiency while thoughtfully capturing stunning views. White's vision to unleash the roof from the typical tied down versions allowed for creative lines and inspiring shapes. Suspended rooflines along with cantilevered corner windows became his signature design. Walter worked with noted architects including Frank Lloyd Wright, Rudolf Schindler and Albert Frey. This home has only changed ownership once and has been meticulously renewed and curated by the eyes of an artist. Here you will find a private sanctuary compound which consists of the main house sheathed under White's signature roofline with his classic clerestory windows. Featuring two bedrooms, a bathroom with a sunken shower, living room with stunning mountain views, built-in storage, kitchen with a walk-in pantry and several access points to the peaceful courtyard which connects you to all the other structures. As you enter the studio you are greeted with stone floors, beamed ceilings and space that is flooded with beautiful light. Back across the courtyard you have a generous sized bonus room to store, create or work. The garage has two panels of original Breeze Block letting air flow through and creating visual joy. A covered patio lets you retreat from sunny days and lounge next to the pool. These spaces are warm, inviting and they flow effortlessly into each other. Architectural details are abundant as far as the eye can see. Beam ceilings, clerestory windows, block walls, concrete floors, the approach and elevation from the street, lines, shapes, light and shadow make up the beauty of this incredibly unique property. This home is being offered beautifully furnished. Situated close to El Paseo, dining, galleries, shopping and the many incredible hiking trails Palm Desert has to offer. This house is indeed special.

Last Agent to Sell the Property

Niko Esposito

BD Homes-The Paul Kaplan Group License #01912213 Listed on: 10/06/2022

Last Buyer's Agent

Michael Valeo

Berkshire Hathaway HomeServices California Properties License #01933394

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home
  • Fenced Yard
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned R1

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • 1 Carport Space
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Foam Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Area
  • Storage
  • Laundry in Garage
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Quartz Countertops

Flooring

  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Sunken Shower or Bathtub
  • Bathtub with Shower
  • Shower Only

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 640-293-003

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Introducing a rare and architecturally significant 1956 Walter S. White designed Mid-Century compound. The Charles Gibbs House #2 is one of just over 50 homes that White designed in the desert. Known for innovative, forward thinking and uniquely distinctive style. White was an important part of the "Desert Modernist" movement that forged the architectural landscape we know and cherish in the desert today. This home has only changed ownership once and has been meticulously renewed and curated by the eyes of an artist. Here you will find a private sanctuary compound which consists of the main house sheathed under White's signature roofline with his classic clerestory windows. Featuring two bedrooms, a bathroom with a sunken shower, living room with stunning mountain views, built-in storage, kitchen with a walk-in pantry and several access points to the peaceful courtyard which connects you to all the other structures. As you enter the studio you are greeted with stone floors, beamed ceilings and space that is flooded with beautiful light. Back across the courtyard you have a generous sized bonus room to store, create or work. A covered patio lets you retreat from sunny days and lounge next to the pool. This home is being offered beautifully furnished.
  • Entry Location: Foyer
  • Living Area: 1308
  • Lot Acreage: 0.1700
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1956
  • Builders Tract Name: Not in a Development
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Block Walls, Furnished, Built-Ins, Turnkey, Storage Space
  • Flooring: Stained Concrete, Stone
  • Appliances: Cooktop - Electric
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Sunken Tub, Tile, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen
  • Kitchen Features: Pantry, Quartz Counters, Remodeled
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 753.06

Exterior Features

  • Direction Faces: North
  • Construction: Block, Stucco, Wood Siding
  • Other Features: French Doors, Sliding Glass Doors, Slab
  • Other Structures: Other
  • Foundation Details: Slab
  • Fence: Block
  • Guest House: Detached
  • Patio: Covered
  • Pool Description: In Ground, Filtered, Private
  • Pool: Yes
  • Roof: Foam
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Carport, Detached, Garage - 1 Car, Driveway
  • Total Parking: 1

Utilities

  • Water Heater: Gas, Central Water Heater
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 640-293-003
  • Lot Description: Landscaped, Fenced Yard, Yard
  • Lot Size Area: 7405

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 28, 2022
Sold by
Wyko Rebecca W
Bought by
Andrew Stearn Revocable Trust and Steam
Seller's Agent
Niko Esposito
BD Homes-The Paul Kaplan Group
Buyer's Agent
Michael Valeo
Berkshire Hathaway HomeServices California Properties
List Price
$985,000
Sold Price
$980,000
Premium/Discount to List
-$5,000
-0.51%
Views
1
Current Estimated Value
$845,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,374
Avg. Annual Appreciation
-4.01%
Original Mortgage
$697,500
Outstanding Balance
$677,064
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$172,924

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 21, 2017
Sold by
Houston Marilyn A
Bought by
Wyko Rebecca W
Seller's Agent
Bonni Ison
Village at La Quinta Realtors
Buyer's Agent
Bonni Ison
Village at La Quinta Realtors
List Price
$439,000
Sold Price
$423,000
Premium/Discount to List
-$16,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$233,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Andrew Stearn Revocable Trust $980,000 Orange Coast Title
Wyko Rebecca W $423,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Andrew Stearn Revocable Trust $697,500
Previous Owner Wyko Rebecca W $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2022 12/09/22 Sold $980,000 -0.5% $749 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $985,000 0.0% $753 / Sq Ft
10/27/2022 10/27/22 For Sale $985,000 +2.8% $753 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $958,000 +126.5% $732 / Sq Ft
06/28/2017 06/28/17 Sold $423,000 -3.6% $430 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $439,000 0.0% $446 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $439,000 -- $446 / Sq Ft
Source: The MLS

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 $13,232 $1,019,592 $358,938 $660,654
2023 $12,933 $980,000 $345,000 $635,000
2022 $6,217 $462,609 $138,782 $323,827
2021 $6,078 $453,539 $136,061 $317,478
2020 $5,971 $448,889 $134,666 $314,223
2019 $5,861 $440,088 $132,026 $308,062
2018 $5,754 $431,460 $129,438 $302,022
2017 $1,302 $65,470 $9,763 $55,707
2016 $1,274 $64,187 $9,572 $54,615
2015 $1,148 $63,225 $9,429 $53,796
2014 $1,134 $61,990 $9,246 $52,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-206531

The MLS

APN: 640-293-003

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