ActiveResidential · sale

56708 Palms Drive

La Quinta, CA 92253

$1,150,000

  • 3 beds
  • 4 baths
  • 2,493 sq ft
  • 0.2 acres
  • Built 2001

Listed by Estate Properties · MLS #26843801

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2001.

Garage parking

2 garage spaces listed.

Property size

0.2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Located within The Palms Golf Club an intimate private golf community of only 99 residences this extensively remodeled former model home enjoys a premier location overlooking the 10th fairway of the acclaimed Fred Couples and Brian Curleydesigned championship course Enhanced by more than 350000 in thoughtful upgrades and improvements the residence combines timeless architecture sophisticated design and spectacular golf course views while offering an exceptional opportunity to enjoy one of the deserts most soughtafter club lifestyles A private gated courtyard creates a memorable arrival featuring a custom tiled outdoor fireplace that welcomes guests with warmth and elegance Inside the expansive great room showcases soaring ceilings a striking fireplace custom wet bar with builtin wine refrigerator and panoramic fairway views creating an inviting setting for both entertaining and everyday living The remodeled chefs kitchen has been thoughtfully designed with premium stainless steel appliances custom pullout cabinetry abundant storage and a large center island featuring a butcher block workspace Adjacent to the kitchen a flexible living area functions beautifully as a media room den or formal dining room adapting seamlessly to a variety of lifestyles Privately situated in its own wing the spacious primary suite serves as a true retreat offering tranquil golf course views and a spainspired bathroom appointed with designer tile flooring dual vanities an oversized frameless glass walkin shower and refined custom finishes Exceptional storage includes two walkin closets an additional closet and dedicated linen storage The secondary ensuite guest bedroom is positioned in a separate wing providing outstanding privacy and comfort for visitors Adding further versatility the detached oversized ensuite casita offers an ideal space for guests extended family or a private office Complete with its own bathroom this wellappointed retreat provides independence and comfort while maintaining separation from the main residence Designed to embrace the very best of indooroutdoor desert living the resortstyle backyard overlooks the 10th fairway and captures lush fairway views and vibrant desert sunsets At its center is a stunning blue glass tilebottom pool and spa enhanced by tranquil cascading water features A builtin professionalgrade barbecue station and multiple outdoor entertaining areas create the perfect setting for hosting gatherings enjoying al fresco dining or simply relaxing while taking in the spectacular scenery The Palms Golf Club is renowned for its relaxed luxury lifestyle championship golf and welcoming social atmosphere Residents enjoy close proximity to the clubhouse where members gather for dining happy hours and seasonal social events Membership opportunities are available but not required Unlike many private clubs tee times are not required allowing members to enjoy spontaneous play on meticulously maintained fairways and Bentgrass greens The intimate size of the community creates a sense of privacy camaraderie and exclusivity rarely found in the desert Combining an extensively remodeled former model home panoramic golf course views a detached casita resortstyle outdoor living and access to one of the Coachella Valleys most desirable private club communities this is a rare opportunity to experience the very best of life at The Palms Golf Club Sold fully furnished and turn key

THE NEIGHBORHOOD

Explore the location.

56708 Palms Drive, La Quinta, CA 92253

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2001
Full baths
2
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Barbecue,Dishwasher,GasCooktop,Disposal,Microwave,Oven,Refrigerator,Dryer,Washer
Flooring
Carpet,Tile
Fencing
Block,WroughtIron
Accessibility
None
Pool
Yes
Pool features
Fenced,InGround,Private
Spa
Yes
Subdivision
The Palms
Parcel
764020003
HOA amenities
ControlledAccess,Security
HOA fee frequency
Monthly
HOA fee
$550.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,791.67
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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56708 Palms Drive, La Quinta, CA 92253 · MLS #26843801

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Listing information

MLS #26843801 · California Regional MLS

Listing brokerage: Estate Properties
Listing agent: Elizabeth Marquart

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.