T
Seller's Agent in 2022
Team BIGHORN
Bighorn Properties, Inc.
706 Summit Cove Palm Desert, CA 92260
Estimated Value: $6,188,000
7
Beds
12
Baths
20,667
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Guest House
- Golf Course Community
- Second Kitchen
- Gerald R. Ford Elementary School Rated A-
- Koi Pond
- Wine Cellar
About This Home
As of January 2022One of the most spectacular estates ever built. Unparalleled in size, scale and design. Organically constructed into a summit hilltop, which can not be duplicated. Surrounded by pools of oscillating water offering staggering mountain and valley views from every room. Created by renowned architectural designer Guy Dreier and was Robb Report's Ultimate Home of the Year. Retractable walls of glass create the quintessential indoor outdoor living. Mirroring the natural terrain, the home features overlapping planes and serpentine walls forming asymmetrical pavilions. The focal point of the living room is a massive titanium-clad fireplace and ceiling of undulating wood panels. A Dale Chihuly sculpture accentuates the beauty of the room. Meander to the gracious dining room through an impressive aquarium tunnel, comprised of 2 tanks of exotic fish and a rare shark tank. The owner suite is reminiscent of the finest resorts in the world, complete with panoramic views, outdoor lounge area, private outdoor spa, fireplace and dual baths and closets. The main residence has an additional suite plus staff quarters. The guest pavilion contains four expansive bedroom suites, kitchen and lounge areas. The infamous private office is perched high into the rock and sits on a plateau with unobstructed views of the valley below. Three interlocking sculptural pools offer a one-of-a-kind swimming experience. This property has no equal. Own your own private resort within BIGHORN Golf Club.
Last Agent to Sell the Property
Team BIGHORN
Bighorn Properties, Inc. License #00977456 Listed on: 11/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $492,749
Year Built
- Built in 2007
Lot Details
- 7.68 Acre Lot
- Cul-De-Sac
- Drip System Landscaping
- Premium Lot
- Paved or Partially Paved Lot
- Sprinklers on Timer
- Hilltop Location
- Private Yard
- Back Yard
- Additional Parcels
HOA Fees
- $1,150 Monthly HOA Fees
Property Views
- Panoramic
- City Lights
- Golf Course
- Mountain
- Desert
- Hills
- Valley
Home Design
- Custom Home
- Contemporary Architecture
- Modern Architecture
- Copper Roof
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 20,667 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Wired For Sound
- Built-In Features
- Bar
- High Ceiling
- Raised Hearth
- See Through Fireplace
- Gas Fireplace
- Custom Window Coverings
- Sliding Doors
- Formal Entry
- Wine Cellar
- Great Room with Fireplace
- Family Room
- Living Room with Fireplace
- Living Room Balcony
- Dining Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Formal Dining Room
- Home Theater
- Den
- Storage
- Utility Room
Kitchen
- Gourmet Kitchen
- Kitchenette
- Second Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Self-Cleaning Convection Oven
- Gas Cooktop
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
- Instant Hot Water
- Fireplace in Kitchen
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Double Master Bedroom
- Walk-In Closet
- Dressing Area
- Two Primary Bathrooms
- Split Bathroom
- Powder Room
- Double Vanity
- Bidet
- Secondary bathroom tub or shower combo
- Double Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Smart Home
- Fire Sprinkler System
Parking
- 10 Car Direct Access Garage
- 5 Carport Spaces
- Porte-Cochere
- Garage Door Opener
- Driveway
- Automatic Gate
- Golf Cart Garage
Pool
- Pool House
- Heated Infinity Pool
- Cabana
- Heated Lap Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Ceramic Spa Tile
- Waterfall Pool Feature
- Outdoor Shower
- Pool Tile
Outdoor Features
- Sport Court
- Wrap Around Porch
- Fireplace in Patio
- Koi Pond
- Outdoor Fireplace
- 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
- Property is located within a water district
- Hot Water Circulator
- Gas Water Heater
- Phone System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 771500004
Community Details
Overview
- Association fees include cable TV, trash, security
- Bighorn Golf Club Subdivision
- Planned Unit Development
- 21-Story Property
Amenities
- Service Entrance
- Community Mailbox
Recreation
- Golf Course Community
- Dog Park
Security
- Security Service
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2021
Closed on
Jan 12, 2022
Sold by
Hagadone Family Trust
Bought by
Evans Family Ca Property Trust
Seller's Agent
Team BIGHORN
Bighorn Properties, Inc.
Buyer's Agent
Ball Lorna
Bighorn Properties, Inc.
List Price
$49,500,000
Sold Price
$42,000,000
Premium/Discount to List
-$7,500,000
-15.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,812,000
Avg. Annual Appreciation
-40.09%
Purchase Details
Closed on
Jan 22, 2004
Sold by
Bighorn Development Llc
Bought by
Hagadone Duane B
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Evans Family Ca Property Trust | $35,700,000 | Lawyers Title | |
| Hagadone Duane B | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Evans Family Ca Property Trust | $15,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2022 01/19/22 | Sold | $42,000,000 | -15.2% | $2,032 / Sq Ft |
| 12/21/2021 12/21/21 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $49,500,000 | -- | $2,395 / 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 |
|---|---|---|---|---|
| 2025 | $492,749 | $41,008,260 | $10,399,838 | $30,608,422 |
| 2023 | $492,749 | $39,415,860 | $9,996,000 | $29,419,860 |
| 2022 | $395,940 | $32,302,727 | $6,123,194 | $26,179,533 |
| 2021 | $388,161 | $31,669,341 | $6,003,132 | $25,666,209 |
| 2020 | $380,696 | $31,344,612 | $5,941,578 | $25,403,034 |
| 2019 | $373,321 | $30,730,013 | $5,825,077 | $24,904,936 |
| 2018 | $366,104 | $30,127,464 | $5,710,860 | $24,416,604 |
| 2017 | $358,590 | $20,000,000 | $4,500,000 | $15,500,000 |
| 2016 | $241,633 | $20,000,000 | $4,500,000 | $15,500,000 |
| 2015 | $246,364 | $20,000,000 | $4,500,000 | $15,500,000 |
| 2014 | $246,978 | $20,000,000 | $4,500,000 | $15,500,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Ball Lorna
Buyer's Agent in 2022
Ball Lorna
Bighorn Properties, Inc.
(760) 610-8444
77 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219070386
APN: 771-500-004
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