new - 3 days on rocket

700 Summit, Palm Desert, CA, 92260

$12,500,000

4 Bedrooms
6 Full Baths, 1 Partial
9,255 SqFt
$1,351/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Attached Garage3 spaces
Year Built2008
HeatingCentral
CoolingCentral Air
FireplaceGas, Guest Accommodations, Primary Bedroom, Outside, See Remarks
ViewGolf Course, Mountain(s)
Private PoolYes
MLS #219120728DA
Lot Size1.72 Acres
StatusActive

About 700 Summit

An architectural piece of art. The private hillside location coupled with the imagination of renown designer Guy Dreier resulted in a masterpiece. A home that fits right into the terrain and integrates natural beauty as a backdrop. Entering the oversized glass pivot door into exquisite detail including the floor to ceiling glass, pocket sliders, and large windows which are the back drop for the unparalleled living in this home. Its sophistication and quality provide quiet living at its finest. Open space and intimate seating areas with a custom designed fireplace and pop-up television which is discreetly hidden until use. Sleek and subtle sit up wet bar that extends to the outdoors. A touch of a button extends indoor space seamlessly to the outdoor living with water falls, additional fireplace, and numerous entertaining areas. A primary suite with private seating and lounging area, a wall of glass bringing the serenity of nature into this tranquil space including a beautiful fireplace. 3 very spacious and well-appointed guest suites including a detached casita that is built right into the hillside with amazing views, seating area, his/her bathrooms; guests will never leave. An entertaining pool and spa provide enjoyment and enhances the outdoor living. Offered furnished.Agent-Only Remarks: Qualified buyers only. Need 24 hours notice for appointment to show

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2008
  • Stories: 1
  • Living Area: 9,255 SqFt

Listing Office:

  • Office Name: Bighorn Properties, Inc.
  • Office Phone: (760) 773-5300
  • Listing Agent: Jacquie Burns

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Gas Range, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Carpet, Stone
  • Interior: Wet Bar, Breakfast Area, Separate/Formal Dining Room, High Ceilings, Open Floorplan, Smart Home
  • Fireplace: Gas, Guest Accommodations, Primary Bedroom, Outside, See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Golf Course, Mountain(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Other

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Sprinklers
  • Lot Size: 1.72 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 3 1/2 miles south on Hwy 74 from Hwy 111 Cross Street: Canyon Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,500,000
  • Price Per SqFt: $1,351/SqFt

HOA Fees:

  • Amount: $1514
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

Med. Sold Price

$580.1K

Med. Price/SqFt

$336

Avg. Days On Market

54

# of Sold Homes

102

700 Summit vs Palm Desert

3 DAYS ON ROCKET

-51 Days

$12,500,000

+$11.9M More

$1,351/SqFt

+$1K More

KEY TAKEAWAY

This property is $11.9M more than the Median Sold Price and $1K/SqFt more than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219120728DA

Listing Office:

  • Office Name: Bighorn Properties, Inc.
  • Office Phone: (760) 773-5300
  • Listing Agent: Jacquie Burns

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$63.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3797255
7
/10
  • George Washington Charter School

  • 45768 Portola Ave

  • 2.49 miles

  • Public Charter Grades KG-5

school-card-donut-3797256
6
/10
  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 3.67 miles

  • Public District Grades KG-5

school-card-donut-3797257
7
/10
  • Rancho Mirage Elementary School

  • 42-985 Indian Trail Rd

  • 4.31 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,109. Most Palm Desert, CA residents have annual incomes $200k+. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Summit

What is the listing price of this property?

The listing price of 700 Summit property is $12,500,000.

What type of property is this?

The property 700 Summit is a house located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 700 Summit is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 700 Summit has 4 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 700 Summit is 9,255 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Summit is 2008.
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Rocket HomesCaliforniaRiverside CountyPalm Desert92260700 Summit

This home is located at 700 Summit in Palm Desert, CA and zip code 92260. This 9,255 square foot home, which was built in 2008, sits on a 1.72 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 01, 2024 and is currently priced at $12,500,000.

In November 2024, from all listings sold in Palm Desert, CA there were more than 15 sold above asking price, over 66 sold below and more than 21 were sold right at the asked price. The inventory of homes for sale in Palm Desert, CA between October 2024 and November 2024 increased by 15.3%. Listings spent 54 days on the market in November 2024, and had a median list price of $580,163 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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