NOT LISTED FOR SALE

Estimated Value: $3,724,000 - $17,318,410

6 Beds
9 Baths
13,043 Sq Ft
$807/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $18,000,000 $1,380 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $76,101/month

22 Days on Market

Highlights

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

About This Home

As of November 2022

Breathtaking views of the Santa Rosa mountains greet you as you enter the courtyard of this Custom Home perched above the 15th tee box of the acclaimed Tom Fazio course. The dramatic great room boasts soaring ceilings that frame the western views across the custom infinity edge pool. Totaling 13,043 Sq. ft, this home features 6 bedrooms 6 full and 3 half baths, office, 3 pools, wine room wall, 2 bars, 2 custom three-sided fireplaces and 4 top-of-the-line chef's kitchens. The game room with custom Mario Romano wall, pool table and custom bar opens to the courtyard water feature and pool to provide entertainment for all ages. The primary retreat is truly unique with its spa-inspired bath with private pool and firepit.There are 2 casitas, each with its own living area and kitchen which offer your guests their own private get-away.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/30/2022

Co-Listed By

Ginger Glass

Compass License #01478465

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/30/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 0.96 Acre Lot
  • On Golf Course
  • Home has East and West Exposure
  • Partially Fenced Property
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $1,652 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 13,043 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Smart Home

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Fireplace in Bathroom
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

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

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

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

Outdoor Features

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

Additional Homes

  • Attached 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 779440053

Community Details

Overview

  • Association fees include security
  • The Madison Subdivision
  • Planned Unit Development
  • 7-Story Property

Amenities

  • Billiard Room

Recreation

  • Golf Course Community

Security

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

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0

HOA Fees

$1,652 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
  • Building Number Of Stories: 7
  • Building Style: Contemporary
  • Casita Features: Washer Gas, Kitchen, Dryer Gas
  • Entry Location: Ground Level w/Steps
  • Included In Sale: Furnishings per inventory
  • List Price per Sq Ft: 1686.73
  • Lp Sp Ratio: 0.8200
  • 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: 219087011
  • 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: Central Vacuum, Gas Cooktop, Microwave Oven, Gas Oven, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Bath, Master Retreat, Great Room, Exterior
  • Interior Amenities: Home Automation System, Wet Bar, Two Story Ceilings, Recessed Lighting, Open Floorplan
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Ceramic Tile
  • Bedroom Features: Master Retreat
  • Total Bedrooms: 6
  • Bathroom Features: Low Flow Toilet(s), Tile Shower, Shower & Tub
  • Half Bathrooms: 3
  • Total Bathrooms: 9.00
  • Full Bathrooms: 6
  • Eating Areas: Kitchen Island, Living/Dining Combo
  • Kitchen Features: Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 13043.00

Exterior Features

  • Other Structures: Guest House Attached, Guest House/Casita
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Fencing: Block, 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: On Street, Driveway, Garage Door Opener
  • Total Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

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, Management
  • HOA Information: Yes
  • HOA Fee 1: 4955.00
  • Total Monthly Association Fees: 1652.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 779440053
  • Irrigation: Sprinkler System
  • Lot Description: Irregular Lot, Street Paved
  • Lot Location: On Golf Course
  • Lot Size: 41818.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2022
Closed on
Nov 14, 2022
Sold by
Madison Club 74B Llc
Bought by
2397012 Alberta Ulc Alberta Ulc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$22,000,000
Sold Price
$18,000,000
Premium/Discount to List
-$4,000,000
-18.18%
Views
7
Current Estimated Value
$10,521,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,478,795
Avg. Annual Appreciation
-15.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2397012 Alberta Ulc Alberta Ulc $18,000,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $18,000,000 -18.2% $1,380 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
10/30/2022 10/30/22 For Sale $22,000,000 -- $1,687 / 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 $233,202 $18,727,198 $6,554,521 $12,172,677
2023 $233,202 $18,000,000 $6,300,001 $11,699,999
2022 $59,768 $1,391,266 $1,391,266 $0
2021 $59,768 -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219087011

California Desert Association of REALTORS®

APN: 779-440-053