NOT LISTED FOR SALE

Estimated Value: $4,898,000 - $10,006,519

4 Beds
4.5 Baths
6,169 Sq Ft
$1,274/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $10,300,000 $1,670 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $54,058/month

128 Days on Market

Highlights

  • On Golf Course
  • Primary Bedroom Suite
  • Custom Home
  • In Ground Pool
  • Panoramic View
  • Gated Community

About This Home

As of March 2024

This is a One-Of-A-Kind Opportunity to own your piece of paradise at The Madison Club! This stunning newly-built custom home overlooks the 11th hole of the acclaimed Tom Fazio-designed golf course and features breathtaking western views of the Santa Rosa Mountains. Custom details throughout this 4 bedroom, 4 1/2 bath 6,169 sf home make it truly unique. The great room with soaring ceilings, distinctive wall finishes, abundant natural light, and a stunning light sculpture as the centerpiece, opens to the outdoor living and dining spaces. A large fire pit with ample seating, infinity edge pool and spa and BBQ island complete the outdoor entertaining space. No detail has been overlooked in any bedroom as each capitalizes on the view while providing a tranquil space to relax. The primary bedroom features a custom double king bed, fine wall finishes and an incredible spa-like bath. The light and bright downstairs guest suite may be accessed through primary room or hallway adding versatility for your family. Upstairs there are two spacious guest suites, each with an en-suite bath and private outdoor terrace, overlooking the pool and golf course. The kitchen is well appointed with top-of-the line appliances including a double Wolf range, large island with seating and custom wood countertop to match the beautiful, wood pantry and cabinets. This home is offered designer furnished including artwork. Membership is available and sold separately subject to Club approval

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/17/2023

Co-Listed By

Ginger Glass

Compass License #01478465

Last Buyer's Agent

Karista Smith

Darren Leigh Smith, Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,942

Year Built

  • Built in 2022

Lot Details

  • 0.47 Acre Lot
  • On Golf Course
  • Home has East and West Exposure
  • Partially Fenced Property
  • Block Wall Fence
  • Level Lot
  • Sprinkler System

HOA Fees

  • $2,000 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 6,169 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Drapes & Rods
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Secondary bathroom tub or shower combo

Laundry

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

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Pool

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

Outdoor Features

  • Balcony
  • 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

Listing and Financial Details

  • Assessor Parcel Number 779440035

Community Details

Overview

  • Association fees include security
  • Built by Discovery Builders CA
  • The Madison Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,942

Year Built

Built in 2022

Lot Details

0

HOA Fees

$2,000 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: Two
  • Builder Name: Discovery Builders CA
  • Building Number Of Stories: 2
  • Building Style: Modern
  • Entry Location: Foyer
  • Included In Sale: Furnishings per inventory
  • List Price per Sq Ft: 1742.58
  • Lp Sp Ratio: 0.9600
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2022
  • Co Listing Member Address: 9454 Wilshire Blvd., #400, Beverly Hills, CA 90212
  • Co Listing Office Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Listing I D: 219101531
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-0200
  • Land Type: Fee
  • New Construction: No
  • Subdivision: The Madison
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Gas Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Great Room
  • Interior Amenities: Built-In Features, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Mixed
  • Bedroom Features: Main Floor Master Bedroom, Master Suite
  • Total Bedrooms: 4
  • Bathroom Features: Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 6169.00
  • Windows Treatments: Drapes

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Custom Built
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Fencing: Block, Partial
  • Foundation: Slab
  • Patio: Covered, Balcony
  • 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: Golf Cart Garage, Driveway, Garage Door Opener, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • 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, Management
  • HOA Information: Yes
  • HOA Fee 1: 6000.00
  • Total Monthly Association Fees: 2000.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 779440035
  • Irrigation: Sprinkler System
  • Lot Description: Level
  • Lot Location: On Golf Course
  • Lot Size: 20473.00

Rental Info

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

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Feb 8, 2024
Sold by
Rnd La Quinta Llc
Bought by
53675 Pike Place Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Karista Smith
Darren Leigh Smith, Broker
List Price
$10,750,000
Sold Price
$10,300,000
Premium/Discount to List
-$450,000
-4.19%
Views
71
Current Estimated Value
$7,861,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,438,827
Avg. Annual Appreciation
-15.11%

Purchase Details

Closed on
Apr 26, 2021
Sold by
Discovery Pikes Peak Llc
Bought by
Rnd La Quinta Llc

Purchase Details

Closed on
Jul 6, 2020
Sold by
East Of Madison Llc
Bought by
Discovery Pikes Peak Llc
Source: Public Records

Range of Values:

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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
53675 Pike Place Llc $10,300,000 None Listed On Document
Rnd La Quinta Llc $9,009,500 Fidelity National Title Co
Discovery Pikes Peak Llc $3,036,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $10,300,000 -4.2% $1,670 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
10/17/2023 10/17/23 For Sale $10,750,000 -- $1,743 / 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 $130,942 $10,506,000 $4,080,000 $6,426,000
2023 $130,942 $15,299,547 $4,376,000 $10,923,547
2022 $121,323 $9,420,360 $3,800,000 $5,620,360
2021 $13,325 $1,012,000 $1,012,000 $0
2020 $3,557 $272,659 $272,659 $0
2019 $3,498 $267,313 $267,313 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219101531

California Desert Association of REALTORS®

APN: 779-440-035