5 months on rocket

71231 Cholla Way, Palm Desert, CA, 92260

$6,250,000

25.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity Lights, Desert, Mountain(s), Panoramic
MLS #219112212DA
Lot Size25.00 Acres
StatusActive

About 71231 Cholla Way

Located in the South Palm Desert area of Cahuilla Hills, this 25-acre site presents the opportunity too build a custom estate with unobstructed views of the desert mountainscape. Minutes away from the renowned El Paseo Shopping District, home to Gucci, Louis Vuitton, Saks Fifth Avenue, Mastro's Steakhouse, and more. Positioned amidst the scenic desert landscape, the property's secluded location offers optimum privacy and stellar mountain vistas. Surrounded by prestigious, exclusive communities such as Bighorn Golf Club, Ironwood Country Club, and The Reserve Club.

Property Details

Property Features

Listing Office:

  • Office Name: Desert Pacific Properties
  • Office Phone: (760) 360-8200
  • Listing Agent: Susan Harvey

Exterior Features

Exterior Information:

  • View: City Lights, Desert, Mountain(s), Panoramic

Lot Features

Lot Information:

  • Lot Size: 25.00 Acres

Other

Directions Information:

  • Directions: Please use GPS navigation to 71231 Cholla Way, Palm Desert, CA 92260

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,250,000

Tax Information:

  • Annual Amount: $4,494
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$578.9K

Med. Price/SqFt

$336

Avg. Days On Market

56

# of Sold Homes

102

71231 Cholla Way vs Palm Desert

170 DAYS ON ROCKET

+114 Days

$6,250,000

+$5.6M More

KEY TAKEAWAY

This property is $5.6M more than the Median Sold Price in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219112212DA

Listing Office:

  • Office Name: Desert Pacific Properties
  • Office Phone: (760) 360-8200
  • Listing Agent: Susan Harvey

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: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 16, 2003Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,494$367,939
2020$4,493$364,168
2018$4,322$350,029
2017$4,128$343,167

History based on county public records data.

Payment Calculator

$31.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18.8K

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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-401341
7
/10
  • George Washington Charter School

  • 45768 Portola Ave

  • 3.41 miles

  • Public Charter Grades KG-5

school-card-donut-401342
7
/10
  • Rancho Mirage Elementary School

  • 42-985 Indian Trail Rd

  • 3.68 miles

  • Public District Grades KG-5

school-card-donut-401343
6
/10
  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 4.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,760. The most common annual income of people living in Palm Desert, CA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 71231 Cholla Way

What is the listing price of this property?

The listing price of 71231 Cholla Way property is $6,250,000.

What type of property is this?

The property 71231 Cholla Way is land located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 71231 Cholla Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,494 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 16, 2003 for $275,000. (source: MLS/tax record).

How much acreage is this property?

The property 71231 Cholla Way is 25.00 acres.
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Rocket HomesCaliforniaRiverside CountyPalm Desert9226071231 Cholla Way

This home is located at 71231 Cholla Way in Palm Desert, CA and zip code 92260. This home sits on a 25.00 acre lot. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $6,250,000.

Over 14 listings were sold over their listed price in October 2024 in Palm Desert, CA. In the same period over 63 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in Palm Desert, CA between September 2024 and October 2024 increased by 23.9%. The median list price of listings available in October 2024 was $578,927, while the average time on the real estate market was 56 days.

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

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