About La Quinta's Hidden Canyon

We're halfway through summer here in the Palm Springs valley and, although the daytime highs can be daunting and most seasonal visitors have retreated to cooler climes, home sales remain brisk across the price spectrum. My La Quinta office alone continually posts weekly sales of $2M to $4M. However, for those interested in pouncing on a bank-owed foreclosure, the dimished number of homebuyers favors those physically here in the Coachella Valley or willing to return should a home bargain arise.

Here's such a bargain: a La Quinta lender-owned home that will go quickly to someone prepared to act decisively.
Located in Hidden Canyon , this gorgeous home has gone from being a short sale to a bank-owned REO with a grab-it-while-you-can pricetag. Now unencumbered by the arduous and often aborted short-sale process, this luxury home is essentially an easy-peasy straight sale bereft of hidden liens or costs.

Hidden Canyon is a small gated enclave of 169 luxury homes literally tucked into a curve of the Santa Rosa Mountains and just around the corner from the historic La Quinta Resort.

This particular home is a Ridge Gate 2, the fifth largest floorplan of the six. Because the casita option was employed, it boasts five bedrooms and the resultant square footage of 3589 makes it the largest floorplan available.

47805 Wind Spirit Drive has a prime location on the perimeter of the development and mountain views from both front and back yards. Sun warms the home's spacious interior through floor-to-ceiling windows and sliders, and the home has the coveted southern exposure.

Two living areas are demarcated by a dual-sided fireplace, and the greatroom features a huge kitchen space replete with Viking stove and Sub Zero fridge. Upgraded granite graces the countertops.

The southwest backyard has wrap-around in-your-face mountain views and a stunning lap pool and spa accented by a stacked-stone water feature.

Travertine runs throughout the house and a complete wet bar is tucked into a corner of the living room for impressive entertaining.

The homeowners paid $1.2M for the home when the development debuted in 2005. It is now bank priced at $748,300 ($208/sf).

The average price of the 8 homes currently for sale stands at $822K with a price-per-square-foot of $236.Two homes have gone into escrow just this month while 9 have sold within the past six months at a median sales price of $750K.

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If you're desirous of country-club environs without the high HOAs, Hidden Canyon offers a superb alternative with its location near restaurants, shopping and SilverRock golf course, gorgeous homes, gated community, million-dollar vistas, and wonderful common areas. And, low HOAs of only $185.

Give me a call to see how I can make this home yours or if I can find you your own special desert pied a terre!

Here in the Palm Springs desert, the Fourth of July is bringing humid, rainy skies, anticipatory fireworks by overeager celebrants, and even some stellar home bargains. This week's hot deal is a bank-owned home in Hidden Canyon, my very favorite gated community in La Quinta.

The bank foreclosure is a Ridge View 1 floorplan—a 2390 square-foot model with a wonderfully open floorplan and integrated gourmet kitchen. The 3B/3b home boasts slab granite in the kitchen, living-room fireplace, and wonderful separation of the ensuite bedrooms. The master bath features a prominent tub and separate shower. There is a spacious 3-car garage and all models offer a formal dining room.

The south-facing backyard offers a saline Pebble Tech pool/spa with tanning shelf and waterfalls from decorative urns. The nearby Santa Rosa Mountains frame the vista and envelop the entire community which is tucked into a curve of the range.

On the market two years ago for $649K, the home went into the foreclosure process and became an REO priced at $389K ($162/sf). This is a new low for this community of luxurious homes; current home prices range from the $700Ks to $1M.

This amazingly priced home will go quickly to some lucky buyer cognizant of its investment value. If you are looking for a unique upscale community, consider Hidden Canyon. If you are desirous of a La Quinta country club home, I am familiar with the best home bargains that appear on a weekly basis.

77911 Desert Drive

Bank-owned homes and short sales are still a fact of life here in La Quinta and the Palm Springs valley, and the good ones go quickly. This short sale in La Quinta's Hidden Canyon is one of those and, since it's already been through the arduous lender approval process and emerged with an approved sale price, a lucky buyer should realize an expedited escrow process.

Hidden Canyon is a small gated enclave of 169 luxury homes literally tucked into a curve of the Santa Rosa Mountains and just around the corner from the historic La Quinta Resort.

This particular home is a Ridge Gate 2, the fifth largest floorplan of the six. Because the casita option was employed, it boasts five bedrooms and the resultant square footage of 3589 makes it the largest floorplan available.

47805 Wind Spirit Drive has a prime location on the perimeter of the development and a mountain in its backyard. The morning sun warms the home's spacious interior through floor-to-ceiling windows and sliders.

Two living areas are demarcated by a dual-sided fireplace, and the greatroom features a huge kitchen space replete with Viking stove and Sub Zero fridge. Upgraded granite graces the countertops.

The west-facing backyard has wrap-around in-your-face mountain views and a stunning lap pool and spa accented by a stacked-stone water feature.

Travertine runs throughout the house and a complete wet bar is tucked into a corner of the living room for impressive entertaining.

The homeowners paid $1.2M for the home when the development debuted in 2005. The lienholder has just approved a sales price of $775K (only $216/sf). That's a huge 35% reduction in price on a truly luxury home.

The average price of the 14 homes currently for sale stands at $847K with a price-per-square-foot of $248.

I have successfully closed several short sales within this wonderful community, the most recent just last week. If you're desirous of country-club environs without the high HOAs, Hidden Canyon offers a superb alternative with its location near restaurants, shopping and SilverRock golf course, gorgeous homes, gated community, million-dollar vistas, and wonderful common areas. And, low HOAs of only $185.

Give me a call to see how I can make this home yours or if I can find you your own special desert pied a terre!

Eisenhower Boulevard, La Quinta

Debut 2004 (homes built through 2006)

Details Gated Community

Builder TransWest

Homes 169 homes

HOAs $185 monthly

Prices $500K to $1M

Hidden Canyon is one of my favorite communities in La Quinta. Tucked in the curve of Eisenhower as it heads toward the historic La Quinta Resort, this gated development is nestled in a canyon of the Santa Rosa Mountains. The perimeter homes in the comfortable enclave of 169 homes literally have a mountain in their backyards and all the homes boast formidable views. Even multi-million dollar clubs in the valley can’t match the magnificent setting.

Hidden Canyon debuted in 2005 and was built by TransWest, a local builder chosen by Merv Griffin to develop his own Griffin Ranch. They snagged the last choice undeveloped pieces of land in central La Quinta and the resulting project is wonderfully situated—within minutes of Old Town La Quinta, shopping and dining on 111, and SilverRock, the city’s championship-level golf course.

The development’s six home plans—either Ridge View or Ridge Gate floorplans—have a Mediterranean flair and range in size from 2390 square-feet to 3589 square-feet. Many have casitas.

The homes boast granite kitchens, 8’ paneled interior doors, smooth exterior stucco, formal dining room,s 9’- to 10’-height ceilings, and many energy savings features.

HOAs are remarkably low—$185—since residents do not support a golf course or 24-hour security guards.

To see current properties available in Hidden Canyon, go to my website: Desert Realtor Mary and select Featured Communities under the Search Properties button.