NOT LISTED FOR SALE

50938 Desert Arroyo Trail Indian Wells, CA 92210

Estimated Value: $4,436,752 - $5,331,000

4 Beds
5.5 Baths
6,434 Sq Ft
$748/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $2,350,000 $365 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $32,171/month

30 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Heated In Ground Pool
  • Gerald R. Ford Elementary School Rated A-
  • Fitness Center
  • Primary Bedroom Suite

About This Home

As of April 2016

Auction: March 29, 2016. Previously listed at over $6 million. Selling without reserve to the highest bidder. 3 ensuite bedrooms & office in main house with 2 room guest house, 6434 sq.ft. The modern yet warm interiors effortlessly complement the inspiring mountain views, this contemporary Tuscan style sanctuary is a complete rejuvenation for the senses & the soul, all within the confines of The Reserve Club, one of Luxury Golf & Travel Magazine's Top 25 private golf communities in America. The Reserve offers unparalleled privacy and natural serenity, along with premier amenities,an 18 hole world class golf course designed by Tom Weiskopf and Jay Morrish, 3 practice holes, tennis, spa and fitness center, and fine dining options. Impeccable design indoors and out, along with the amenities of a 5-star resort this is the ultimate desert oasis retreat, just 10 minutes away from El Paseo the Rodeo Drive of the desert. Open daily 1-4, must call for gate entry.

Last Agent to Sell the Property

Sharon Stein

Desert Sotheby's International Realty License #01216071 Listed on: 02/29/2016

Last Buyer's Agent

Doug Balog

License #01197951

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,210

Year Built

  • Built in 2006

Lot Details

  • 0.53 Acre Lot
  • West Facing Home

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Property Views

  • Golf Course
  • Mountain
  • Pool

Home Design

  • Custom Home
  • Tuscan Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 6,434 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Gas Log Fireplace
  • Custom Window Coverings
  • Formal Entry
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Stone Porch or Patio
  • Built-In Barbecue

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 658410030
  • Special Tax Authority

Community Details

Overview

  • Association fees include cable TV, security
  • The Reserve Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,210

Year Built

Built in 2006

Lot Details

0

HOA Fees

$817 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builders Tract Code: The Reserve
  • Building Number Of Stories: 3
  • Building Style: Tuscan
  • List Price per Sq Ft: 930.99
  • Lp Sp Ratio: 0.3923
  • View Type: Golf Course, Mountain(s), Pool
  • Year Built: 2006
  • Listing I D: 216007578
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 73200 El Paseo Dr., Ste. 2F, Palm Desert, CA 92260
  • Selling Office Fax: (760) 773-3371
  • Land Type: Fee
  • Subdivision: The Reserve
  • Special Features: Auction

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Ice Maker - Standalone, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room, Living Room, Master Bedroom
  • Interior Amenities: High Ceilings (9 Ft+), Wet Bar
  • Fireplace Features: Gas Log
  • Flooring: Stone Tile, Wood
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Powder Room, Steam Shower, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook, Kitchen Island, Living/Dining Combo
  • Laundry: Individual Room
  • Estimated Sq Ft: 6434.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Custom Built
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Rock - Stone
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security
  • Association Amenities: Clubhouse, Fitness Center, Management, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 817.00
  • Total Monthly Association Fees: 817.00

Lot Info

  • Assessor Parcel Number: 658410030
  • Lot Acres: 0.5300
  • Lot Size: 23087.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 25, 2016
Sold by
Perlman Lawrence and Perlman Linda
Bought by
Wheaton William G and David Wheaton Family Property Trust
Seller's Agent
Sharon Stein
Desert Sotheby's International Realty
Buyer's Agent
Doug Balog
List Price
$5,990,000
Sold Price
$2,350,000
Premium/Discount to List
-$3,640,000
-60.77%
Current Estimated Value
$5,160,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,810,333
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Mar 7, 2008
Sold by
Wynstone Development Llc
Bought by
Perlman Lawrence and Perlman Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2004
Sold by
Portola Acquisition Llc
Bought by
Wynstone Development Llc
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
Wheaton William G $2,350,000 Orange Coast Title Company
Perlman Lawrence $5,850,000 Fidelity National Title Co
Wynstone Development Llc $925,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perlman Lawrence $3,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $2,350,000 -60.8% $365 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $5,990,000 -- $931 / 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 $37,210 $2,781,917 $973,670 $1,808,247
2023 $37,210 $2,673,894 $935,862 $1,738,032
2022 $35,640 $2,621,465 $917,512 $1,703,953
2021 $34,928 $2,570,065 $899,522 $1,670,543
2020 $34,426 $2,543,713 $890,299 $1,653,414
2019 $33,816 $2,493,838 $872,843 $1,620,995
2018 $33,225 $2,444,940 $855,729 $1,589,211
2017 $32,917 $2,397,000 $838,950 $1,558,050
2016 $48,868 $3,734,000 $1,468,000 $2,266,000
2015 $49,754 $3,734,000 $1,468,000 $2,266,000
2014 $48,568 $3,636,000 $1,430,000 $2,206,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sharon Stein

    Desert Sotheby's International Realty

  • D

    Buyer's Agent in 2016

    Doug Balog

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216007578

California Desert Association of REALTORS®

APN: 658-410-030

California Riverside County Indian Wells 92210

50938 Desert Arroyo Trail, Indian Wells, CA

This home is located at 50938 Desert Arroyo Trail, Indian Wells, CA 92210 since 29 February 2016 and is currently estimated at $4,815,251, approximately $748 per square foot. This property was built in 2006. 50938 Desert Arroyo Trail is a home located in Riverside County with nearby schools including Gerald R. Ford Elementary School, La Quinta Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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