Seller's Agent in 2023
Ball Lorna
Bighorn Properties, Inc.
(760) 610-8444
79 Total Sales
705 Summit Cove Palm Desert, CA 92260
Estimated Value: $6,665,000 - $12,218,322
4
Beds
5
Baths
8,902
Sq Ft
$1,061/Sq Ft
Est. Value
Highlights
- Guest House
- On Golf Course
- Heated Infinity Pool
- Gerald R. Ford Elementary School Rated A-
- Home Theater
- Casita
About This Home
As of May 2023Phenomenal views from this elevated homesite, providing unobstructed south views of seven different golf holes on BIGHORN's Canyon course. An architectural work of art, this home sits on almost 2.5 acres, with lush landscaping and mountain views from every window. The infinity edge pool and spa are the backdrop for the views from the great room, dining room and kitchen. A second, separate lap pool is tucked away off the master retreat with easy access, also providing privacy from guests. Corner pocketing walls of glass open for seamless transition from the master retreat to the outdoor living areas. A custom fish tank serves as a headboard and a creative backdrop in the spa-inspired bathroom and workout area. There are two guest suites inside the main residence (one currently furnished as an office). There is also separate guest house tucked away, into the rocks flanked by sculptures and a 20ft tall waterfall. Outdoor living includes BBQ enter, fireplace with TV, putting green and views, views, views. Offered furnished.
Last Agent to Sell the Property
Bighorn Properties, Inc. License #00977456 Listed on: 04/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $169,003
Year Built
- Built in 2007
Lot Details
- 2.45 Acre Lot
- On Golf Course
- Cul-De-Sac
- Home has North and South Exposure
- Landscaped
- Private Lot
- Premium Lot
- Hilltop Location
- Back Yard
HOA Fees
- $1,357 Monthly HOA Fees
Property Views
- Panoramic
- Golf Course
- Mountain
- Desert
Home Design
- Custom Home
- Contemporary Architecture
- Modern Architecture
- Stucco Exterior
- Stone Exterior Construction
Interior Spaces
- 8,902 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Built-In Features
- Bar
- High Ceiling
- Two Way Fireplace
- Raised Hearth
- Fireplace With Gas Starter
- See Through Fireplace
- Marble Fireplace
- Stone Fireplace
- Custom Window Coverings
- Sliding Doors
- Family Room with Fireplace
- 6 Fireplaces
- Great Room with Fireplace
- Formal Dining Room
- Home Theater
- Den
- Utility Room
- Home Gym
Kitchen
- Kitchenette
- Walk-In Pantry
- Gas Cooktop
- <<microwave>>
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Travertine
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dressing Area
- Powder Room
- Double Vanity
- Secondary bathroom tub or shower combo
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3.5 Car Direct Access Garage
- Garage Door Opener
- Driveway
- Automatic Gate
- Golf Cart Garage
Pool
- Heated Infinity Pool
- Pebble Pool Finish
- Heated Spa
- In Ground Spa
- Waterfall Pool Feature
Outdoor Features
- Covered patio or porch
- Fireplace in Patio
- Casita
- Built-In Barbecue
Additional Homes
- Guest House
- Fireplace in Guest House
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 771500007
Community Details
Overview
- Association fees include cable TV, trash, security
- Bighorn Golf Club Subdivision
- Planned Unit Development
- 6-Story Property
Amenities
- Community Mailbox
Recreation
- Golf Course Community
- Putting Green
- Dog Park
Security
- Resident Manager or Management On Site
- 24 Hour Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2024
Sold by
705 Summit Cove Llc
Bought by
West Harrisburg Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,175,000
Outstanding Balance
$4,152,046
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$5,758,011
Purchase Details
Listed on
Apr 10, 2023
Closed on
Apr 19, 2023
Sold by
Evans Family Ca Property Trust
Bought by
705 Summit Cove Llc
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
David Lennon
Bennion Deville Homes
List Price
$14,900,000
Sold Price
$13,500,000
Premium/Discount to List
-$1,400,000
-9.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.05%
Original Mortgage
$4,175,000
Interest Rate
7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2012
Sold by
Richardson John A
Bought by
Evans Kristi Rae Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2012
Sold by
Evans Maureen L
Bought by
Evans Scott D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 11, 2011
Sold by
Evans James Leonard and Evans James Michael
Bought by
Evans James Leonard
Purchase Details
Closed on
Jun 6, 2011
Sold by
G7 Canyons Llc
Bought by
Evans James Leonard and Evans James Michael
Purchase Details
Closed on
Nov 16, 2004
Sold by
The Evans Co
Bought by
G7 Canyons Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 6, 2001
Sold by
Bh 1031 Llc
Bought by
The Evans Company
Purchase Details
Closed on
May 30, 2001
Sold by
Bighorn Development Llc
Bought by
Bh 1031 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| West Harrisburg Llc | -- | Old Republic Title | |
| 705 Summit Cove Llc | $13,500,000 | Lawyers Title | |
| Evans Kristi Rae Ann | -- | None Available | |
| Evans Scott D | -- | None Available | |
| Evans James Leonard | -- | None Available | |
| Evans James Leonard | -- | None Available | |
| G7 Canyons Llc | $2,800,000 | -- | |
| The Evans Company | $2,600,000 | Fidelity National Title Co | |
| Bh 1031 Llc | $2,600,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | West Harrisburg Llc | $4,175,000 | |
| Previous Owner | 705 Summit Cove Llc | $4,175,000 | |
| Previous Owner | 705 Summit Cove Llc | $7,850,000 | |
| Previous Owner | Evans James Leonard | $15,500,000 | |
| Previous Owner | Evans Kristi Rae Ann | $48,500,000 | |
| Previous Owner | G7 Canyons Llc | $7,000,000 | |
| Previous Owner | G7 Canyons Llc | $7,350,000 | |
| Previous Owner | G7 Canyons Llc | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $13,500,000 | -9.4% | $1,517 / Sq Ft |
| 04/11/2023 04/11/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $14,900,000 | -- | $1,674 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $169,003 | $8,058,606 | $3,621,845 | $4,436,761 |
| 2022 | $97,076 | $7,900,595 | $3,550,829 | $4,349,766 |
| 2021 | $95,156 | $7,745,682 | $3,481,205 | $4,264,477 |
| 2020 | $93,330 | $7,666,261 | $3,445,510 | $4,220,751 |
| 2019 | $91,526 | $7,515,943 | $3,377,951 | $4,137,992 |
| 2018 | $89,760 | $7,368,572 | $3,311,717 | $4,056,855 |
| 2017 | $87,920 | $7,224,091 | $3,246,782 | $3,977,309 |
| 2016 | $85,742 | $7,082,443 | $3,183,120 | $3,899,323 |
| 2015 | $86,107 | $6,976,059 | $3,135,307 | $3,840,752 |
| 2014 | $84,636 | $6,839,410 | $3,073,892 | $3,765,518 |
Source: Public Records
Agents Affiliated with this Home
-
Ball Lorna
-
David Lennon
D
Buyer's Agent in 2023
David Lennon
Bennion Deville Homes
(760) 773-5300
44 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219093465
APN: 771-500-007
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