NOT LISTED FOR SALE

Estimated Value: $5,408,000

8 Beds
13 Baths
17,398 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2024

Last sale price $21,350,000 $1,227 Per Sq Ft

Current estimated payment $37,247 / mo

85 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Casita
  • On Golf Course
  • In Ground Pool
  • Panoramic View

About This Home

As of December 2024

Welcome to The Madison Club. This stunning home offers 8 bedrooms, 9 full baths, and 4 powder rooms, spread over a generous 17,360 square feet of living space perfectly positioned on a 1.1 acre lot overlooking the signature 7th green of the Tom Fazio designed golf course. The bright open floor plan, temperature-controlled wine room, a gourmet kitchen, and expansive bar area, and state-of-the art home theater, make this home a perfect place for those who love to entertain. The outdoor living area is equally impressive, with a large zero-edge pool and spa, a fire pit, and separate barbecue zone. The property includes a 3-bedroom detached guest house including a living room, a kitchen, and a courtyard pool, providing privacy and comfort for your guests. Don't miss the chance to own your piece of paradise in one of the most prestigious and exclusive communities, The Madison Club.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 09/25/2024

Co-Listed By

Ginger Glass

Compass License #01478465

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 09/25/2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 1.1 Acre Lot
  • On Golf Course
  • Home has East and West Exposure
  • Partially Fenced Property
  • Premium Lot
  • Sprinkler System

HOA Fees

  • $2,000 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

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

Interior Spaces

  • 17,398 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • 5 Fireplaces
  • Dining Area
  • Home Theater
  • Smart Home

Kitchen

  • Butlers Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Double Vanity
  • 2nd Bath Tub/Shower Combo

Laundry

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

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

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

Additional Homes

  • Guest House
  • Guest House Includes Kitchen

Location

  • Ground Level

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 779490014

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

  • On-Site Manager or Management
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

1.1 Acres

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: Doan Construction
  • Building Number Of Stories: 5
  • Building Style: Modern
  • Casita Features: Kitchen
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Furnishings per inventory
  • List Price per Sq Ft: 1721.46
  • Lp Sp Ratio: 0.7100
  • View Type: Golf Course, Panoramic, Mountain(s), Lake
  • Water District Name: CVWD
  • Year Built: 2023
  • 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: 219118051
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Water Line to Refrigerator, Washer, Refrigerator, Ice Maker, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Primary Retreat, Family Room
  • Interior Amenities: Bar, Wet Bar, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Home Automation System, Elevator
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Mixed
  • Bedroom Features: Main Floor Primary Bedroom, Primary Retreat
  • Total Bedrooms: 8
  • Bathroom Features: 2 Primary Baths, Shower & Tub, Double Vanity(s)
  • One Quarter Bathrooms: 4.00
  • Total Bathrooms: 13.00
  • Full Bathrooms: 9
  • Eating Areas: Dining Area, Kitchen Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 17398.00

Exterior Features

  • Other Features: Balcony, Premium Lot, Custom Built, Barbeque Private
  • Other Structures: Guest House/Casita
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Fencing: Partial
  • 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: Garage Door Opener, Driveway
  • Total Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • 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: Management
  • HOA Information: Yes
  • HOA Fee 1: 6000.00
  • Total Monthly Association Fees: 2000.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 779490014
  • Irrigation: Sprinkler System
  • Lot Location: On Golf Course
  • Lot Size: 47916.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Dec 3, 2024
Sold by
Lot 39A Madison Llc
Bought by
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$29,950,000
Sold Price
$21,350,000
Premium/Discount to List
-$8,600,000
-28.71%
Views
53
Current Estimated Value
$5,408,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,942,000
Avg. Annual Appreciation
-35.84%

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 3, 2021
Sold by
Madison 39 Llc
Bought by
Lot 39A Madison Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$7,495,000
Sold Price
$5,250,000
Premium/Discount to List
-$2,245,000
-29.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.77%
Original Mortgage
$5,500,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$19,150,000 Wfg National Title
Lot 39A Madison Llc $5,250,000 Fidelity Natl Ttl Builder Sv
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $12,000,000
Previous Owner Lot 39A Madison Llc $5,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $21,350,000 -28.7% $1,227 / Sq Ft
09/25/2024 09/25/24 For Sale $29,950,000 +470.5% $1,721 / Sq Ft
09/17/2021 09/17/21 Sold $5,250,000 -30.0% -- View Prior Sale
08/09/2021 08/09/21 For Sale $7,495,000 -- --
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $391,235 $19,890,000 $4,590,000 $15,300,000
2025 $326,118 $31,000,000 $10,850,001 $20,149,999
2023 $326,118 $6,213,000 $5,355,000 $858,000
2022 $67,464 $5,250,000 $5,250,000 $0
2021 $25,091 $1,946,700 $1,946,700 $0
2020 $23,877 $1,854,000 $1,854,000 $0
2019 $53,159 $4,121,237 $4,121,237 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219118051

California Desert Association of REALTORS®

APN: 779-490-014

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