About Palm Desert's Indian Ridge

Here in the Palm Springs valley, our Fourth of July holiday weekend has turned overcast and humid, with desultory raindrops thrown in for good measure. Just a few days ago I was playing golf in bucolic 100° temps so the desert is flaunting its mercurial side.

For those bravely visiting the Coachella Valley this first week of July, there are some incredible bank-owned properties to inspect. This lender-owned condo in luxe Indian Ridge Country Club just came on the market and will certainly be snatched up quickly by a savvy buyer.

The Acacia 3 floorplan—the most popular of the five attached-home models in the club—boasts a livable floorplan with the kitchen integrated into the living room.

This Palm Desert REO has 3B/2b in 1903 square feet, is located at the very end of a cul-de-sac and overlooks the 8th green of the Arnold Palmer Grove golf course. The south-facilng home has lovely lake and mountain views and is priced to move at $329,900 (only $173/sf).

This home features granite kitchen counters, a retractable awning and custom decking. There are built-ins in the garage, a private courtyard and fireplace with media center.

The rarely-used community pool and spa are literally steps away so there's no need for a private pool.

The homeowners paid $625K six years ago this month at the height of the market. Since the market's downturn there have been some wonderful bargains in the Indian Ridge condos. This unit chased the market down until it became a short sale. When no buyer appeared, the bank foreclosed and now it's a straightforward, simple purchase from the bank.

Right now, the other Acacia 3 homes on the market are priced from $419K to $450K. Take a look at the listing:

435 Falcon View

I started to write a description of another stellar deal in this desirable Palm Desert country club on a Boungavillea 2 floorplan—a rectangular, open living space with walls of glass—that just became a bank-approved short sale at $540K. That's only $191 per square foot. The home sits on an elevated lot overlooking the 8th fairway of the Arroyo course and boasts a fenced, private enclave.

When I attempted to link the home description to this article, I discovered that the home just went back into escrow.

As often happens with short sales, the first homeowner-approved buyer walked away from escrow once the lender—the ultimate decider—appraised the house and issued its price demand. Now, another buyer has stepped up to the plate and the process resumes, albeit at a quicker pace.

To put this second home's price into perspective, similar B2 floorplans now on the market range in price from $645K to $849K. These models commanded price tags over seven figures just three years ago.

Distress sales come on the market daily and are quickly pounced upon. If you have a predilection for this upscale club or other country clubs in Palm Desert, Indian Wells or La Quinta, let me know and I will keep an eye peeled for the next home bargain.

Indian Ridge Country Club, Palm Desert, CA

The exclusive guard gated community of Indian Ridge has approximately 1000 homes in all sizes and price levels for a diverse lifestyle of choice. Homeowners at Indian Ridge have access to two championship 18-hole golf courses, tennis courts, fitness facility, spa, and two restaurants all located with the gates of Indian Ridge.

Indian Ridge offers smaller condos to large freestanding homes. Current prices range from $450,000 to $2,500,000. Please contact me for a personal list of qualified homes or condos that fits your budget.

Indian Ridge is an established private equity club with a proven financial stability. The course is capped at 575 club members to keep the golf courses un-crowded and dues at a reasonable level.

Each of the two 18-hole courses designed by Arnold Palmer offers its own distinctive challenges. The Grove Course has rolling fairways, Champion Dwarf Bermuda greens and gorgeous flowers, while the Arroyo course offers unique terrain and mesmerizing water features.

Indian Ridge offers an active women's golf association, with both 18- and 9-hole leagues, a men's club with events for members and guests, and regularly scheduled couples golf events. Golf instruction is also provided to those just beginning or wishing to improve their game.

Indian Ridge also boasts a double-ended driving range with more than 48,000 square feet of teeing surface, two large chipping and putting greens, along with two short-game practice areas.

For the tennis lover, Indian Ridge offers 12 hard surface courts and two clay courts. Indian Ridge offers one of the most active tennis programs in the desert throughout the year with Ladies and Men's days, interclub play, dinner and tennis socials, singles and doubles championships, and finally lessons and clinics. Competitive league play is offered throughout the season at Indian Ridge.

State of the art fitness is also provided at Indian Ridge Country Club with a 22,000 square foot sports clubhouse. A full schedule of group exercise classes are offered including Pilates, Yoga, spin, and aerobics. Each locker room is equipped with relaxing saunas, steam rooms, whirlpools and cold plunge pools. In addition to the pools in the sports club complex, there are community pools throughout the neighborhood for your enjoyment preference.

The tennis and sports memberships are capped between 300-350 members for so overcrowding is never a concern.

Indian Ridge Country club is a private, member owned and member managed equity club. Membership rates may adjust but the current rate for golf is $110,000; Sports Club $7,500; and Social/Tennis is $2,000. Promotional prices for golf have been as low as $67,500. Monthly dues are: Golf $1272; Sports Club $375; & Social/Tennis $175. Again, promotional dues have been offered. Indian Ridge also offers single season introduction fees to prospective members for a non-refundable upfront fee.

Don't forget about the family dog. Indian Ridge caters to Rover with a fabulous dog park completely fenced with separate areas for big or small dogs.

Indian Ridge is ideally located within the Coachella Valley, close to shops, restaurants, El Paseo, & schools. With views of the Santa Rosa, San Jacinto, San Gorgonio and San Bernadino mountain ranges, there is no better place to call home.

Schedule A Home Showing

If you would like to see any of the properties listed below which are homes for sale in Indian Ridge Palm Desert, CA , please call us at the numbers below. Were committed to helping you find the home of your dreams.

Elaine Stewart has been in the Real Estate Business for over 20 years and has extensive experience in the Palm Springs, and surrounding cities Real Estate market, Elaine truly enjoys helping people in the process of buying or selling a home.

Elaine Stewart - Remax Real Estate Consultants
Mobile: (760) 668-2399 - Office: (760) 391-4415
Email: desertrealestate1@yahoo.com