NOT LISTED FOR SALE

50872 Desert Arroyo Trail Indian Wells, CA 92210

Estimated Value: $4,867,226 - $5,762,000

0.56 Acre
$9,490,380 Price per Acre
24,394 Sq Ft Lot

Last Sold June 02, 2021

Last sale price $975,000

Est. 493% increase in value since last sale

Current estimated payment $37,079/month

84 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • Mountain View
  • Gerald R. Ford Elementary School Rated A-
  • 0.56 Acre Lot
  • Paved or Partially Paved Lot

About This Lot

As of June 2021

Breathtaking views from one of the most exceptional custom home sites available in The Reserve, waiting for you to build the desert retreat of your dreams! Great location and opportunity to build a home to capture light at all times of the day. This exceptional 24,394 sq. ft. site has double fairway views over holes 12 and 13 with a panoramic backdrop of Eisenhower Peak and the Santa Rosa Mountains. Spacious indoor/outdoor living areas can be designed to capture sunrises, dramatic moonrises and sunsets, as well as views to snow capped San Jacinto. Stunning vistas in every direction, all nestled in a dramatic natural setting. The Reserve Club offers world class amenities including a Tom Weiskopf-Jay Morrish designed championship golf course, three Trophy Holes and a doubled-ended practice range. The Club Village includes Clubhouse; Lakehouse for casual dining; Fitness Center with exercise rooms, extensive cardio equipment, Jr. Olympic size pool, Tennis and Pickleball; and Golf Shop.

Last Agent to Sell the Property

Reserve Team Walton and Cullinan

Reserve Realty License #00822105 Listed on: 01/25/2021

Last Buyer's Agent

Reserve Team Walton and Cullinan

Reserve Realty License #00822105 Listed on: 01/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $65,193

Lot Details

  • 0.56 Acre Lot
  • On Golf Course
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked

Property Views

  • Mountain Views

Utilities

  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 658410029
  • Special Tax Authority

Community Details

Overview

  • Property has a Home Owners Association
  • The Reserve Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$65,193

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Reserve
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Internal Listing I D: 20210126184656113704000000
  • Listing I D: 219056318
  • Listing Member Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Listing Office Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Listing Office Fax: (760) 568-2420
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Selling Office Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Selling Office Fax: (760) 568-2420
  • Land Type: Fee
  • Subdivision: The Reserve
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Sewer: In Street Paid, In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1135.00

Lot Info

  • Present Use: Vacant
  • Assessor Parcel Number: 658410029
  • Lot Acres: 0.5600
  • Lot Location: On Golf Course
  • Lot Size: 24394.00
  • Lot Features: Corners Marked, Street Paved, Curbs
  • Potential Use: Single Family

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes
  • Tax Legal Lot Number: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
May 3, 2021
Sold by
Diablo Valley Estate Company Llc
Bought by
Sie I Lp
Seller's Agent
Reserve Team Walton and Cullinan
Reserve Realty
Buyer's Agent
Reserve Team Walton and Cullinan
Reserve Realty
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$5,779,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,804,885
Avg. Annual Appreciation
54.34%

Purchase Details

Closed on
Jan 11, 2008
Sold by
Revx 551 Inc
Bought by
Diablo Valley Estate Co Llc Series C

Purchase Details

Closed on
Apr 18, 2007
Sold by
Mclachlan Robert R and Mclachlan Falon
Bought by
Revx-551 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,082,772
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sie I Lp $975,000 Fidelity National Title Co
Diablo Valley Estate Co Llc Series C -- Fidelity National Title Co
Revx-551 Inc $1,072,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diablo Valley Estate Company Llc $550,000
Previous Owner Diablo Valley Estate Co Llc Series C $550,000
Previous Owner Revx-551 Inc $1,082,772
Previous Owner Mclachlan Robert R $623,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $975,000 0.0% --
04/19/2021 04/19/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $975,000 -- --
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 $65,193 $5,849,370 $1,055,370 $4,794,000
2023 $65,193 $3,249,390 $1,014,390 $2,235,000
2022 $15,342 $994,500 $994,500 $0
2021 $15,127 $973,350 $973,350 $0
2020 $14,456 $927,000 $927,000 $0
2019 $14,131 $900,000 $900,000 $0
2018 $14,136 $900,000 $900,000 $0
2017 $14,440 $900,000 $900,000 $0
2016 $16,778 $1,100,000 $1,100,000 $0
2015 $15,808 $1,000,000 $1,000,000 $0
2014 $16,058 $1,025,000 $1,025,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219056318

California Desert Association of REALTORS®

APN: 658-410-029