NOT LISTED FOR SALE

Estimated Value: $6,457,000 - $11,835,472

6 Beds
7.5 Baths
9,335 Sq Ft
$980/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $12,000,000 $1,285 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $62,906/month

114 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Panoramic View
  • Attached Guest House
  • Gourmet Kitchen
  • Gated Community

About This Home

As of May 2021

This stunning, newly-constructed contemporary home behind the gates of the prestigious Madison Club is the epitome of luxury. Enter through the tranquil courtyard complete with sitting area, fire feature and custom water features into the great room where you will be blown away by the panoramic views of the Santa Rosa Mountains, expansive infinity edge pool, and the 16th tee of the Tom Fazio-designed golf course. The custom bar and wine room features quartz counters and room for your private reserve. The chef's kitchen has top-of-the-line appliances and a butler's pantry. Expansive glass doors slide away to seamlessly blend indoor and outdoor living with an outdoor kitchen and custom fire features. This home features 6 bedrooms + office and lounge and 7 and 1/2 baths. Each room is beautifully appointed. Sold furnished per inventory.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 02/02/2021

Co-Listed By

Unknown Member

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $162,577

Year Built

  • Built in 2021

Lot Details

  • 0.84 Acre Lot
  • On Golf Course
  • Home has East and West Exposure
  • Premium Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $1,485 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 9,335 Sq Ft Home
  • Furnished
  • High Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Bonus Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Secondary bathroom tub or shower combo

Laundry

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

Parking

  • Direct Access Garage
  • Garage Door Opener

Pool

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

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 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 779440012

Community Details

Overview

  • Association fees include security
  • Built by Doan Construction
  • The Madison Subdivision
  • Planned Unit Development
  • 5-Story Property

Recreation

  • Golf Course Community

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$162,577

Year Built

Built in 2021

Lot Details

0

HOA Fees

$1,485 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Builder Name: Doan Construction
  • Building Number Of Stories: 5
  • Building Style: Contemporary, Modern
  • Casita Features Other: See Marketing Remarks
  • Entry Location: Ground Level w/Steps
  • Included In Sale: Furnishings per inventory
  • List Price per Sq Ft: 1499.20
  • Lp Sp Ratio: 0.8600
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2021
  • Co Listing Office Address: 9454 Wilshire Blvd., Suite 400, Beverly Hills, CA 90212
  • Listing I D: 219056764
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Office Address: 9454 Wilshire Blvd., Suite 400, Beverly Hills, CA 90212
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Gas Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Living Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Retreat
  • Total Bedrooms: 6
  • Bathroom Features: Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 8.00
  • Full Bathrooms: 7
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Granite Slab Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 9335.00

Exterior Features

  • Other Features: Premium Lot
  • Other Structures: Guest House Attached
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • 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, Garage Door Opener

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 4455.00
  • Total Monthly Association Fees: 1485.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 779440012
  • Irrigation: Sprinkler System
  • Lot Description: Level, Street Paved, Irregular Lot
  • Lot Location: On Golf Course
  • Lot Size: 36590.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Lot 60B Madison Llc
Bought by
Georgette Roberts Trust and Knispel
Current Estimated Value
$9,146,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2019
Sold by
Cohen Bob M
Bought by
Doan Richard
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
Georgette Roberts Trust $12,000,000 Equity Title
Lot 60B Madison Llc -- Equity Title
Doan Richard $1,450,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Georgette Roberts Trust $9,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $12,000,000 -14.3% $1,285 / Sq Ft
02/02/2021 02/02/21 For Sale $13,995,000 -- $1,499 / 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 $162,577 $12,989,182 $4,546,215 $8,442,967
2023 $162,577 $12,484,798 $4,369,681 $8,115,117
2022 $158,261 $12,239,999 $4,284,001 $7,955,998
2021 $98,747 $7,607,022 $1,965,022 $5,642,000
2020 $18,645 $1,450,000 $1,450,000 $0
2019 $14,511 $1,122,000 $1,122,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219056764

California Desert Association of REALTORS®

APN: 779-440-012