$79,999,000

80876 Kiwi Ct La Quinta, CA 92253

Estimated payment $427,159/month

Total Views 16,627
99 Beds
122 Baths
72,271 Sq Ft
$1,107 Price per Sq Ft

Highlights

  • In Ground Pool
  • Peek-A-Boo Views
  • Contemporary Architecture
  • Gated Community
  • 457,380 Sq Ft lot
  • Living Room with Fireplace

About This Home

Polo Villas is an exclusive 18-home luxury community in La Quinta, uniquely positioned with a 50-year agreement approved by the city to allow Short-Term Vacation Rentals. This long-term entitlement makes it a rare and valuable opportunity for investors seeking consistent rental income in one of the desert's most coveted destinations.Each home within Polo Villas was thoughtfully designed with short-term guests in mind, making them turnkey investment properties. The residences emphasize indoor-outdoor living, with spacious common areas ideal for group gatherings, including al fresco dining spaces, private pools, hot tubs, and cozy fire pits. These features create the perfect environment for relaxation and entertainment. Enhancing the appeal even further, the properties include a unique, activity-focused amenity such as bocce ball courts, putting greens, or private pickleball courts--elevating the guest experience beyond the standard vacation rental.Demand for group bookings continues to grow, the 104+ bedroom offering separates Polo Villas in the STR market and that is reflected in its performance. In the past six months, more than 20% of bookings were from groups reserving multiple homes at once, often at higher average daily rates (ADRs). This trend underscores the property's appeal to larger gatherings, such as family reunions, corporate retreats, or friends attending nearby events.Strategically located in La Quinta, Polo Villas provides convenient access to world-renowned golf courses, high-end shopping, fine dining, and the charming boutiques and restaurants of Old Town La Quinta. The community is also ideally positioned near major event venues, like the Indian Wells Tennis Gardens and the iconic Empire Polo Grounds, home to the world-famous Coachella and Stagecoach music festivals. These events draw hundreds of thousands of visitors annually and offer an additional boost to occupancy rates and rental revenue. The proximity of Polo Villas to these venues places it at the heart of the action, while still offering a peaceful desert retreat. Investors and guests alike benefit from the perfect blend of excitement and relaxation--making Polo Villas a truly unique and compelling real estate opportunity in the Coachella Valley.

Listing Agent

Omni Group

Rennie Group License #01782691 Listed on: 04/11/2025

Co-Listing Agent

Constantine Kolytiris

Rennie Group License #01333658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,201

Year Built

  • Built in 2024

Lot Details

  • 10.5 Acre Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Additional Parcels

Property Views

  • Peek-A-Boo
  • Pool

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 72,271 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • 18 Fireplaces
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 99 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • 220 Volts In Laundry

Parking

  • 49 Car Garage
  • Driveway
  • On-Street Parking

Pool

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

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Ground Level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 777500017

Community Details

Overview

  • 18 Buildings
  • 18 Units
  • La Quinta Polo Estates Subdivision
  • 18-Story Property

Building Details

  • 19 Separate Electric Meters
  • 18 Separate Gas Meters
  • 18 Separate Water Meters

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,201

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 18
  • Building Style: Contemporary, Modern
  • List Price per Sq Ft: 1106.93
  • View Type: Peek-A-Boo, Pool
  • Water District Name: CVWD
  • Year Built: 2024
  • Co Listing Member Address: 71740 Highway 111 Unit 3&4, Rancho Mirage, CA 92270
  • Co Listing Member Fax: (760) 406-5993
  • Co Listing Office Address: 71740 Highway 111 Unit 3&4, Rancho Mirage, CA 92270
  • Internal Listing I D: 20250410191139725665000000
  • Listing I D: 219128315
  • Listing Member Address: 71740 Highway 111 Unit 3&4, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 507-4999
  • Listing Office Address: 71740 Highway 111 Unit 3&4, Rancho Mirage, CA 92270
  • List Office Board Code: California Desert Association of Realtors
  • Land Type: Fee
  • Subdivision: La Quinta Polo Estates
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Ice Maker, Microwave Oven, Gas Cooktop, Electric Oven, Exhaust Fan, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Ceramic Tile
  • Total Bedrooms: 99
  • Half Bathrooms: 18
  • Total Bathrooms: 122.00
  • Full Bathrooms: 104
  • Kitchen Features: Island, Quartz Counters
  • Laundry Equipment: Own
  • Laundry: Gas Dryer Hookup, Individual Room
  • Estimated Sq Ft: 72271.00

Exterior Features

  • Construction: Stucco
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Salt Water, In Ground, Gas Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Parking: On Street, Driveway
  • Parking Info Total Garage Spaces: 49.00
  • Parking Info Total Parking Spaces: 49.00

Utilities

  • Volt 220: In Laundry
  • Number Electric Meters: 19
  • Number Water Meters: 18
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Central, Zoned, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In Street Paid
  • Water: Water District
  • Number Gas Meter: 18
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Additional Assessor Parcel Numbers: Yes
  • Additional Assessor Parcel Numbers: 777-500-001 thru 777-500-011. 777-500-016 thru 777-500-500-022. Total of 18 APN's
  • Assessor Parcel Number: 777500017
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Size: 457380.00

Rental Info

  • Owner Pays: Electricity, Water, Trash Collection, Pool Service, Gas, Gardener
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 18
  • Total Units: 18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,201 $2,581,911 $285,381 $2,296,530
2023 $11,201 $258,060 $258,060 $0
2022 $2,352 $182,149 $182,149 $0
2021 $2,310 $178,578 $178,578 $0
2020 $2,285 $176,747 $176,747 $0
2019 $2,246 $173,282 $173,282 $0
2018 $2,204 $169,885 $169,885 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $79,999,000 0.0% $1,107 / Sq Ft
04/24/2025 04/24/25 Off Market $79,999,000 -- --
04/11/2025 04/11/25 For Sale $79,999,000 -- $1,107 / Sq Ft
Source: California Desert Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,638,000 New Conventional
Closed $12,400,000 Construction
Source: Public Records

Source: California Desert Association of REALTORS®

MLS Number: 219128315

California Desert Association of REALTORS®

APN: 777-500-017