NOT LISTED FOR SALE

Estimated Value: $3,435,221 - $4,241,000

4 Beds
6 Baths
5,198 Sq Ft
$718/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $3,425,000 $659 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $22,560/month

55 Days on Market

Highlights

  • Attached Guest House
  • Pebble Pool Finish
  • All Bedrooms Downstairs
  • Palm Springs High School Rated A-
  • Primary Bedroom Suite
  • Panoramic View

About This Home

As of May 2024

One of a kind South Palm Spring Estate, located inside the coveted Estancias at South Canyon Development. This 4-bedroom, 6 Bathroom home sits on a double lot, facing the Indian Canyon South Golf Course. Amazing mountain views from all areas of this home. Separate Casita with its own bathroom, sitting area, breakfast area with microwave, sink and minifridge. Grand entrance to the main home with private gated courtyard. Great Room with fireplace and built-in entertainment center. Guests can enjoy cocktails around the main bar, with sink and beverage cooler, before entering the formal dining room. Chefs' kitchen with endless center island, including a 146-bottle wine refrigerator, double dishwasher and Wolf/Subzero appliances. The primary bedroom commands a large area of the home, with a fireplace, media center, sitting area, and wet bar. Large, jetted bath with triple vanities and Grand shower room. Three additional guest bedrooms/casita include ensuite bathrooms and their own kitchenettes. Outdoor living at its finest with12 foot walls of glass that slide open to reveal an entertainer's backyard. Extended loggia with fireplace and dining area. Custom BBQ center with inlaid waterfall spa, custom pool and tanning shelf. Adjacent walled land can be customized to include the ultimate compound with guest house, tennis courts, putting green or pool house. Offered furnished per inventory. Be sure to view the ariel and interior video

Last Agent to Sell the Property

Michael Erives

Desert Lifestyle Properties Brokerage Phone: 760-646-8886 License #01954960 Listed on: 03/23/2024

Desert Lifestyle Properties

Last Buyer's Agent

Michael Linder

Bennion Deville Homes License #02137776

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.81 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Fenced
  • Stucco Fence
  • Private Lot
  • Premium Lot
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $420 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain
  • Desert
  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • "S" Clay Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,198 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Sound
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Double Shower
  • Granite Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Pool

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

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Built-In Barbecue

Utilities

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

Additional Features

  • Attached Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 512290058

Community Details

Overview

  • Estancias At South Canyon Subdivision
  • Planned Unit Development

Amenities

  • Community Mailbox

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$420 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: Ground
  • Building Number Of Stories: 3
  • Building Style: Contemporary, Mediterranean
  • Entry Floor: 1
  • Entry Location: Ground Level w/Steps
  • Included In Sale: As furnished.
  • List Price per Sq Ft: 672.37
  • Lp Sp Ratio: 0.9800
  • View Type: Desert, Golf Course, Hills, Mountain(s), Panoramic, Pool
  • Water District Name: Desert Water Agency
  • Year Built: 2006
  • Listing I D: 219108917
  • Listing Member Address: 200 N Sunrise Way, Suite B, Palm Springs, CA 92262
  • Listing Office Address: 200 N Sunrise Way Suite B, Palm Springs, CA 92262
  • Listing Office Fax: (760) 646-8885
  • Selling Member Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Selling Office Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Estancias at South Canyon
  • Attribution Contact: 760-646-8886
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Gas Dryer Hookup, Gas Oven, Gas Range, Gas/Elec Dryer Hookup, Ice Maker, Microwave Oven, Refrigerator, Self Cleaning Oven, Washer, Water Filter, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Retreat, Patio
  • Interior Amenities: Bar, High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting, Surround Sound Wired
  • Range Hood: Yes
  • Fireplace Features: Gas, Gas Starter
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Retreat, Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Shower, Double Vanity(s), Granite Shower
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Breakfast Room, Dining Area, Formal Dining Room, Kitchen Island
  • Kitchen Features: Island, Pantry, Quartz Counters, Remodeled
  • Laundry: Laundry Area
  • Estimated Sq Ft: 5198.00
  • Windows Treatments: Blinds, Custom Window Covering, Drapes

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Energy Efficient, Premium Lot, Slab
  • Other Structures: Guest House Attached
  • Roofing: Clay Tile
  • Built-in BBQ: Gas
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Gas
  • Heating: Central, Fireplace(s), Forced Air, Hot Water
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Closed Circuit Camera(s), Community, Gated Community, Security System Owned
  • Sewer: In, Connected and Paid
  • Water: In Street, Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 420.00
  • Total Monthly Association Fees: 420.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 512290058
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Description: Fenced, Private, Utilities Underground
  • Lot Location: Cul-De-Sac, Private Road
  • Lot Size: 35284.00

Green Features

  • Green Energy Efficient: HVAC, Thermostat
  • Green Features: Yes

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
May 22, 2024
Sold by
Lodestro Lee M and Lodestro Wendi A
Bought by
Forbes Jonathan A and Forbes Robert Eric
Seller's Agent
Michael Erives
Desert Lifestyle Properties
Buyer's Agent
Michael Linder
Bennion Deville Homes
List Price
$3,595,000
Sold Price
$3,425,000
Premium/Discount to List
-$170,000
-4.73%
Views
41
Current Estimated Value
$3,731,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,740
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Oct 16, 2018
Sold by
Lodestro Lee M and Lodestro Wendi A
Bought by
Lodestro Lee M and Lodestro Wendi A

Purchase Details

Listed on
Apr 20, 2012
Closed on
Aug 5, 2013
Sold by
Soni Holdings Palm Springs Llc
Bought by
Lodestro Lee M and Lodestro Wendi A
Seller's Agent
Darcey Deetz
Pinnacle Realty Advisors
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,575,000
Sold Price
$1,480,000
Premium/Discount to List
-$95,000
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$1,036,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Acanto Saddleback Homes Llc
Bought by
Soni Holdings Palm Springs Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Forbes Jonathan A $3,425,000 Lawyers Title
Lodestro Lee M -- None Available
Lodestro Lee M $1,480,000 Lawyers Title Company
Soni Holdings Palm Springs Llc $7,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lodestro Lee M $1,036,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $3,425,000 -2.0% $659 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $3,495,000 -2.8% $672 / Sq Ft
03/23/2024 03/23/24 For Sale $3,595,000 +142.9% $692 / Sq Ft
09/09/2013 09/09/13 Sold $1,480,000 0.0% $267 / Sq Ft View Prior Sale
05/31/2013 05/31/13 Off Market $1,480,000 -- --
12/24/2012 12/24/12 For Sale $1,575,000 0.0% $284 / Sq Ft
12/24/2012 12/24/12 Price Changed $1,575,000 +6.4% $284 / Sq Ft
12/20/2012 12/20/12 Off Market $1,480,000 -- --
04/20/2012 04/20/12 For Sale $1,695,000 -- $306 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $30,360 $3,493,500 $873,375 $2,620,125
2023 $30,360 $2,427,346 $1,131,261 $1,296,085
2022 $30,985 $2,379,752 $1,109,080 $1,270,672
2021 $30,346 $2,333,091 $1,087,334 $1,245,757
2020 $0 $2,309,169 $1,076,185 $1,232,984
2019 $20,519 $1,626,392 $417,584 $1,208,808
2018 $20,130 $1,594,503 $409,398 $1,185,105
2017 $19,831 $1,563,239 $401,371 $1,161,868
2016 $19,242 $1,532,588 $393,501 $1,139,087
2015 $18,511 $1,509,570 $387,592 $1,121,978
2014 $18,339 $1,480,000 $380,000 $1,100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219108917

Greater Palm Springs Multiple Listing Service

APN: 512-290-058