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The Enclave Mountain Estates

Sunday, February 10th, 2013

The Enclave Mountain Estates is Paradise!

enclave mountain estates

I sold this home last September for $1,300,000!

I discovered The Enclave Mountain Estates a few years ago when a client wanted to preview homes there.  It is located within a double-gated “enclave” nestled below the Santa Rosa Mountains and tucked behind the La Quinta Resort & Spa.  Some of the homes are lining the fairways of the Mountain Course associated with the resort.

enclave mountain estates

A beautiful Enclave evening!

The homes are protected by the rugged Santa Rosa Mountains and bighorn sheep have been spotted by homeowners!

enclave mountain estates

The waterfall greets you as you enter The Enclave…

 Currently there are 2 home sites listed for sale in The Enclave for $529,000 each.  Last week I sold a 1/3 acre home site for $340,000.  Another recent sale was a 3.16 acre home site (pictured below)  above street level overlooking the neighborhood for a deeply discounted $550,000.

enclave 3 acre lot

3.16 acre parcel recently sold for $550,000

 

There are 4 active home listings in The Enclave ranging from $2,249,000 to $4,850,000.

These custom homes are all over 4000sq.ft, have 4 bedrooms and 5 bathrooms and were built with luxury in mind.

 Give me a call if you would like to schedule a tour of this special neighborhood!

 

 

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Tour of Casitas in the La Quinta Cove!

Monday, February 4th, 2013

Tour the Historic Casitas of the La Quinta Cove

casita in la quinta coveEast of Palm Springs in the Coachella Valley, lies the City of La Quinta.Tucked away in a cove surrounded by the Santa Rosa Mountains are 63 small houses. Many have a Hollywood history!

The exceptional thing is that these Spanish Colonials were all built between 1935 and 1941. They are related by their modest size, white adobe-like exteriors, low, red-tiled roofs, and wooden lintels. Many of them only show the tops of their red-tiled roofs to the outside world.

Who built these homes? Who lived in them? Why are they sprinkled around the Cove without rhyme or reason?

February 21st from 1-5pm, Maggie Gordon, author of Historical Casitas of La Quinta Cove, will lead a  tour of our iconic homes!

Cocktails served at final casita!

For more info call the La Quinta Historical Society :  760-564-1283

historical casitas of la quinta cove

 

 

 

 

 

 

 

 

 

La Quinta Santa Rosa Mountains

La Quinta Cove is a Great Neighborhood!

La Quinta Cove has New Weather Station!

Just SOLD in La Quinta Cove!

Front Doors in the La Quinta Cove!

SEARCH HOMES FOR SALE IN LA QUINTA COVE

 

                                                                            

Kathy Schowe   760.333.8886  

Intero Real Estate Services in Old Town La Quinta     

 SchoweProperties.com☼ KathySchowe.comLivetheDesertlife.com 

        

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Play Tennis and Practice at your own Private Tennis Villa!

Monday, January 7th, 2013

La Quinta Tennis Villa REDUCED $200,000!

La Quinta Tennis Villa REDUCED $200,000!

 

Private Tennis villa at La Quinta Country Club just reduced $200,000.  The sellers are motivated and are ready to sell their 3500+ sq.ft. exclusive luxury property with 4 BR/5BA, private pool and spa, mother-in-law suite, and stunning views of the La Quinta Country Club 8th hole and the Santa Rosa Mountains!

This large estate with gated driveway and 25,000+ sq. ft. lot has been reduced to$1,295,000.

Private Tennis Villa La Quinta

Please give me a call for questions, or to schedule a private tour of the estate!  Kathy Schowe (760)333-8886

 

Private Tennis Villa in La Quinta California

Tennis Villa at La Quinta Country Club– Private Tour!

La Quinta Country Club Tour

La Quinta Country Club Market Trends October 2011

La Quinta Country Club Neighborhood– close to Old Town La Quinta!

Hacienda Home in La Quinta Country Club Reduced!

La Quinta Country Club market August 2012

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Multimillion Dollar Luxury Market UP in Coachella Valley

Tuesday, November 27th, 2012

Multi-Million Dollar Home Sales UP in the Coachella Valley!

Multimillion-Dollar Sales in the ValleyLuxury Homes Palm Springs

2011
Palm Springs: 37 homes, high $4.9 million
Rancho Mirage: 63 homes, high $4.25 million
Palm Desert: 40 homes, high $5.1 million
Indian Wells: 42 homes, high $6.9 million
La Quinta: 79 homes, high $7.6 million
Source: Palm Springs Regional Association of Realtors

2012
Palm Springs: 56 homes, high $2.7 million
Rancho Mirage: 53 homes, high $3.4 million
Palm Desert: 32 homes, high $10 million
Indian Wells: 68 homes, high $5.7 million
La Quinta: 119 homes, high $7.375 million

Source: Palm Springs Regional Association of Realtors

 

Though inventory is down, sales of million-dollar homes are up in the Coachella Valley this year… which is good news for luxury home sellers!

Randy Wiemer, CEO of the Palm Springs Regional Association of Realtors, said 67 more homes valued at $1 million or more have sold so far this year compared to the same period in 2011.

Some 328 homes valued at $1 million or more have sold this year, up from 261 at this time last year, Wiemer said.

In some cities such as Palm Springs, high-end homes are on the market fewer days as well. Million-dollar homes were on the market an average of 116 days in Palm Springs so far this year, down from 175 last year.
The California Association of Realtors recently reported that the overall housing supply has declined more than 30 percent from last year, with inventory levels at the lowest point in seven years.

In the Coachella Valley, fewer than 2,000 single family homes in all price ranges were for sale in September, compared with 3,065 in September 2011 and 5,752 in September 2010.

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Homes Underwater in the Coachella Valley 2nd Quarter 2012

Monday, November 26th, 2012
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Homes Underwater in the Coachella Valley 2nd Quarter 2012

Homes Underwater in the Coachella Valley 2nd Quarter

homes underwater

 

The percentages of homes underwater vary widely based on the city. Some 68 percent of homeowners in Coachella are underwater, for instance, while 19 percent of homes in Indian Wells were underwater in the second quarter, Husing said.

Nationwide, about 22 percent of homes with a mortgage are underwater.

A new program this month from mortgage-finance giants Fannie Mae and Freddie Mac aims to make short sales easier for homeowners. In short sales, lenders agree to sell the house for less than the full amount owed on the mortgage.

Under the plan designed by the Federal Housing Finance Agency, owners who are current on their payments would qualify when they run into financial trouble that could ultimately force them to default on their loans.

The changes affect underwater homeowners whose mortgages are guaranteed by Fannie Mae and Freddie Mac, as well as relief to those underwater borrowers who need to relocate more than 50 miles for a job, FHFA Acting Director Edward DeMarco said in a statement.

Some of the hardships included in the new program include death of a borrower or co-borrower, divorce and disability. Federal officials said the program should enable servicers to quickly and more easily qualify certain borrowers who are current on their mortgages for short sales.
For more on short-sale regulation changes: Lenders Aim to Ease Short-Sales

PERCENTAGES OF HOMES IN THE COACHELLA VALLEY UNDERWATER

Coachella: 68 percent

Desert Hot Springs: 63 percent

Indio: 54 percent
Cathedral City: 50 percent
La Quinta: 36 percent
Rancho Mirage: 36 percent
Palm Springs: 32 percent
Palm Desert: 20 percent
Indian Wells: 19 percent
Riverside County: 51 percent
Source: Economist John Husing; Zillow

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Bob Hope Home for Sale!

Sunday, November 18th, 2012

Bob Hope Home Listed for Sale in Palm Springs

Do you want to own the most iconic home in PALM SPRINGS?Bob Hope Home

Bob and Dolores Hope’s iconic mushroom-shaped home is now on the market for a rumored “45 Million”.  According to real estate agent David Mossler, the estate is listed through Partners Trust out of Beverly Hills.

The two-story, 22,000 square-foot steel, concrete and glass structure, perched atop the mountains on Southridge Drive, has just hit the market for the first time.

The “spaceship” looking house, with its mushroom-shaped roof, was originally designed by John Lautner in 1973 and built in 1979. It is said to have cost the Hopes $2 million to build the home.

It has six bedrooms and 10 bathrooms. Incorporating the natural surroundings into the home, a huge bolder juts out of the floor of the living room. There are also 3 golf holes behind the home that Bob had built for practice.

Lautner is also the designer of the Elrod House that sits directly below the Hope Home.

“The Hopes liked Arthur Elrod’s house so much they built a larger version,” Hal Broderick, Elrod’s longtime business partner said.

Although the home may soon have a new owner, the legacy of Bob and Dolores Hope continues across the Coachella Valley. The Hopes first moved to the desert in the early 1940s. They are among the most influential couples associated with the Coachella Valley, a list that includes Frank and Barbara Sinatra, President Gerald and Betty Ford and Walter and Leonore Annenberg.

Bob Hope died at age 100 in 2003 and his wife was 102 years old when she died last year.

For information on other luxury properties in the Palm Springs area contact Kathy Schowe : SchoweProperties@msn.com

SEARCH FOR LUXURY DESERT HOMES


                                         

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Who Lives in Indian Wells? 7 Quick Market Facts

Thursday, November 15th, 2012

Who Lives in Indian Wells? 7 Quick

Market Facts

Who Lives in Indian Wells?  7 Quick Market Facts

Indian Wells is some of the most prized real estate in the Coachella Valley and Palm Springs Area.  Situated against the backdrop of the Santa Rosa Mountains it is protected from the desert winds and it has incredible views.  It is also

Miramonte Resort

close to the shopping and restaurants in Palm Desert and the nearby charming Old Town La Quinta.

There are also some incredible resorts and spas in Indian Wells like the Miramonte Resort & Spa pictured here.

 

If you are interested in the luxury properties in Indian Wells, give me a call and take you on a private tour!

SEARCH PROPERTIES IN INDIAN WELLS

 

 

Indian WElls market


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Market Facts for La Quinta 92253

Sunday, November 11th, 2012

Quick Market Facts for La Quinta California 92253

 

La Quinta Country Club Homes

La Quinta Citrus Golf Club

 


Quick Market Facts for La Quinta California 92253

La Quinta California is a community located in the Coachella Valley in the Palm Springs area about 2 hours east of Los Angeles.  Because of its proximity to LA and San Diego, it is a popular weekend retreat for sun lovers, golfers, hikers, and people seeking dry desert air and beautiful mountain views. Many people from the Midwest, Canada, and the Pacific Northwest spend their winters in our valley as well.

Here are some Quick Market Facts for La Quinta to help you understand the demographics and our current real estate market.

SEARCH FOR HOMES IN LA QUINTA

365 Things to do in the Palm Springs Area

La Quinta Community Report


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Foreclosure at La Quinta Country Club in the Lagos

Thursday, November 1st, 2012

Foreclosure Home at La Quinta Country Club for $250,000

 

FORECLOSURE HOME AT LA QUINTA COUNTRY CLUB for $250,000!Lago Bank Owned


Breathtaking views of the La Quinta Country Club Clubhouse with the Santa Rosa Mountains as a backdrop! This FORECLOSURE Condo features 3 BR/3BA,  high ceilings, an inviting floor plan perfect for entertaining!

The sliding doors  across the back portion of the condo  open up onto a panoramic patio.

Kitchen and bathrooms have granite counter tops with tile throughout. The 3 bedrooms  are large and feature walk in closets.

Lago La Quinta is a small gated community of 72 condos. This popular development in a quiet neighborhood has 3 community pools, 2 large lakes and a tennis court. This condo is very close to the La Quinta Country Club clubhouse.

It is very rare to have a forclosure within La Quinta Country Club… here is your opportunity!

Close proximity to  Old Town La Quinta and the famous La Quinta Resort make this the premier location in La Quinta!

Priced at $250,000…this condo will not last, you will love the incredible views!

*Kathy Schowe does not represent seller, and is seeking buyers for this property.

Lago Bank Owned


                                                        

Kathy Schowe   760.333.8886  

Intero Real Estate Services in Old Town La Quinta     

 SchoweProperties.com☼ KathySchowe.comLivetheDesertlife.com 

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La Quinta Country Club Homes on the Fairway under $400,000!

Sunday, October 28th, 2012

La Quinta Golf Homes Under $400,000!

LA QUINTA GOLF HOMES UNDER $400,000!

 

Right now there are a couple of great homes on the market at La Quinta Country Club  for under $400,000!  One of the homes is located on the 4th fairway for $325,000… it is in original condition, so you can fix it up to suit your taste!  It has an interior courtyard and incredible views of the lake and the 4th hole.

La Quinta Country Club Homes

Beautiful lake on 3rd green of La Quinta Country Club!

La Quinta Country Club Homes

Signature 7th hole at La Quinta Country Club

Another home on the 7th tee for $399,000 has recently been remodeled and is move-in ready.  This home also has an entry courtyard- 3BR/3BA, tile throughout, and an incredible patio with mountain, lake and golf views!

Let me know if you would like more info on either of these homes… and a private tour!

*Kathy Schowe does not represent the sellers and is seeking buyers for these properties.



More La Quinta Homes:

La Quinta Country Club Tour

Tennis Villa at La Quinta Country Club– Private Tour!

La Quinta Country Club Market Trends October 2011

Private Tennis Villa in La Quinta California

La Quinta Country Club Neighborhood– close to Old Town La Quinta!

Hacienda Home in La Quinta Country Club Reduced!

La Quinta Country Club market August 2012

La Quinta Country Club HomesLa Quinta Country Club Homes


                                                        

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