NOT LISTED FOR SALE

78658 Peerless Place La Quinta, CA 92253

Estimated Value: $5,869,000 - $6,861,000

4 Beds
6 Baths
7,047 Sq Ft
$910/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $4,995,000 $709 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $39,574/month

156 Days on Market

Highlights

  • Guest House
  • Unit is on the top floor
  • Casita
  • Golf Course Community
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of December 2020

Stunning Mountain Side Masterpiece with Euro Fusion Design! The ultimate vacation getaway, as endless pocket doors let living areas and bedrooms float on a tropical lagoon. Dramatic Great Room has soaring beam ceilings, and opens on two sides for seamless outdoor living. A massive covered Loggia with dramatic fireplace overlooks sunken patio with cliff-side zero edge pool and infinity spa. With 4 Bedrooms including 2 Casitas, bright Office, and Master Bedroom with Gym, this house has all the amenities. With gourmet Kitchen & Butler's Pantry, outdoor BBQ, multiple fire features, waterfall, wrap around pond and patios, one touch lighting, this home offers the best in casual living or grand entertaining. This renowned Gordon Stein design is a fusion of old world detail and open contemporary living - all the light and bright comfortable finishes that today's buyers are looking for, combined with the ultimate in relaxed textures and quality craftsmanship. Furnished per inventory.

Last Agent to Sell the Property

Bill Albers

Tradition Properties License #01126489 Listed on: 07/18/2020

Last Buyer's Agent

Bill Albers

Bennion Deville Homes License #01126489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,740

Year Built

  • Built in 2010

Lot Details

  • 0.97 Acre Lot
  • Cul-De-Sac
  • Home has East and West Exposure
  • Landscaped
  • Premium Lot
  • Irregular Lot
  • Hillside Location

HOA Fees

  • $450 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Split Level Home
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 7,047 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Home

Parking

  • 4 Car Attached Garage
  • Driveway

Pool

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

Outdoor Features

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

Additional Homes

  • Guest House

Location

  • Unit is on the top floor
  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 770310007

Community Details

Overview

  • Association fees include security
  • Tradition Golf Club Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,740

Year Built

Built in 2010

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East, Leisure Faces West
  • Levels: Multi/Split
  • Builders Tract Code: The Tradition
  • Building Number Of Stories: 4
  • Building Style: Mediterranean
  • Casita Features: Kitchenette
  • Entry Location: Elevator, Top Level, Ground Level w/Steps
  • Included In Sale: Furniture per inventory
  • List Price per Sq Ft: 708.81
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Panoramic
  • Water District Name: Coachella Valley Water Distric
  • Year Built: 2010
  • Listing I D: 219046235
  • Listing Member Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Listing Office Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-6691
  • Selling Member Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Selling Office Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-6691
  • Land Type: Fee
  • Subdivision: Tradition Golf Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Living Room
  • Interior Amenities: Beamed Ceilings, Wet Bar, High Ceilings (9 Ft+), Home Automation System, Elevator, Coffered Ceiling(s), Built-In Features
  • Range Hood: Yes
  • Fireplace Features: Decorative
  • Flooring: Carpet, Wood, Stone Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s)
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Nook, Living/Dining Combo, Formal Dining Room
  • Kitchen Features: Island, Pantry
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 7047.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built, Premium Lot
  • Other Structures: Gazebo, Guest House/Casita
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Covered, Rock - Stone, Deck
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Gunite, In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • HOA Information: Yes
  • HOA Fee 1: 450.00
  • Total Monthly Association Fees: 450.00

Lot Info

  • Assessor Parcel Number: 770310007
  • Lot Acres: 0.9700
  • Lot Description: Landscaped, Irregular Lot
  • Lot Location: Cul-De-Sac, Hillside
  • Lot Size: 42253.00

Rental Info

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

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2021
Sold by
Dobbins James M and Dobbins Nanci Anne
Bought by
Dobbins James M and Dobbins Nanci K
Current Estimated Value
$6,415,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,482,431
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,933,113

Purchase Details

Listed on
Jul 18, 2020
Closed on
Dec 4, 2020
Sold by
Barber Christine H and Christine H Barber Trust
Bought by
Dobbins James M and Dobbins Nanci Anne
Seller's Agent
Bill Albers
Tradition Properties
Buyer's Agent
Bill Albers
Tradition Properties
List Price
$4,995,000
Sold Price
$4,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Feb 8, 2006
Sold by
Knapp Duane E
Bought by
Barber Christine H and The Christine H Barber Trust

Purchase Details

Closed on
Aug 25, 2003
Sold by
Knapp Duane E
Bought by
Knapp Duane E and The Duane E Knapp Living Trust

Purchase Details

Closed on
Apr 23, 1999
Sold by
Tradition Club Assoc
Bought by
Knapp Duane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
6.96%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Dobbins James M -- Lawyers Title
Dobbins James M $4,995,000 Lawyers Title
Barber Christine H $750,000 Southland Title Inland Empir
Knapp Duane E -- --
Knapp Duane E $295,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobbins James M $2,000,000
Previous Owner Knapp Duane E $221,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $4,995,000 0.0% $709 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $4,995,000 -- $709 / 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 $65,740 $5,406,747 $1,407,161 $3,999,586
2023 $65,740 $5,196,798 $1,352,520 $3,844,278
2022 $63,072 $5,094,900 $1,326,000 $3,768,900
2021 $61,742 $4,995,000 $1,300,000 $3,695,000
2020 $43,807 $3,563,112 $941,467 $2,621,645
2019 $42,956 $3,493,248 $923,007 $2,570,241
2018 $42,117 $3,424,754 $904,909 $2,519,845
2017 $41,275 $3,357,603 $887,166 $2,470,437
2016 $40,278 $3,291,769 $869,771 $2,421,998
2015 $40,446 $3,242,325 $856,707 $2,385,618
2014 $35,076 $2,799,000 $740,000 $2,059,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bill Albers

    Tradition Properties

    (760) 774-8787

    94 in this area

    113 Total Sales

    Bill Albers
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219046235

California Desert Association of REALTORS®

APN: 770-310-007

California Riverside County La Quinta 92253

78658 Peerless Place, La Quinta, CA

This home is located at 78658 Peerless Place, La Quinta, CA 92253 since 18 July 2020 and is currently estimated at $6,415,544, approximately $910 per square foot. This property was built in 2010. 78658 Peerless Place is a home located in Riverside County with nearby schools including Harry S. Truman Elementary School, La Quinta Middle School, and La Quinta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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