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80876 Kiwi Court, La Quinta, CA 92253 (MLS # 219128315DA)

Price $79,999,000
Status Active
Beds n/a
Baths 0 Bath
Home size n/a
Lot Size 10.50 ac
Days on Market 8
Polo Villas is an exclusive 18-home luxury community in La Quinta, uniquely positioned with a 50-year development agreement approved by the city to allow Short-Term Vacation Rentals. This long-term entitlement makes it a rare and valuable opportunity for investors seeking consistent rental income in one of the desert's most coveted destinations.Each home within Polo Villas was thoughtfully designed with short-term guests in mind, making them turnkey investment properties. The residences emphasize indoor-outdoor living, with spacious common areas ideal for group gatherings, including al fresco dining spaces, private pools, hot tubs, and cozy fire pits. These features create the perfect environment for relaxation and entertainment. Enhancing the appeal even further, the properties include a unique, activity-focused amenity such as bocce ball courts, putting greens, or private pickleball courts--elevating the guest experience beyond the standard vacation rental.Demand for group bookings continues to grow, the 104+ bedroom offering separates Polo Villas in the STR market and that is reflected in its performance. In the past six months, more than 20% of bookings were from groups reserving multiple homes at once, often at higher average daily rates (ADRs). This trend underscores the property's appeal to larger gatherings, such as family reunions, corporate retreats, or friends attending nearby events.Strategically located in La Quinta, Polo Villas provides convenient access to world-renowned golf courses, high-end shopping, fine dining, and the charming boutiques and restaurants of Old Town La Quinta. The community is also ideally positioned near major event venues, like the Indian Wells Tennis Gardens and the iconic Empire Polo Grounds, home to the world-famous Coachella and Stagecoach music festivals. These events draw hundreds of thousands of visitors annually and offer an additional boost to occupancy rates and rental revenue. The proximity of Polo Villas to these venues places it at the heart of the action, while still offering a peaceful desert retreat. Investors and guests alike benefit from the perfect blend of excitement and relaxation--making Polo Villas a truly unique and compelling real estate opportunity in the Coachella Valley.
Property Type(s): Residential Income
Last Updated 4/11/2025 Tract La Quinta Polo Est
Year Built 2024 Community La Quinta South of HWY 111
Garage Spaces 49.0 County Riverside

Additional Details

AIR Central Air, Zoned
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Oven, Gas Cooking, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
AREA La Quinta South of HWY 111
FIREPLACE Yes
GARAGE Driveway, On Street, Yes
HEAT Central, Forced Air, Natural Gas, Zoned
HOA DUES 0
LOT 10.5 acre(s)
PARKING Driveway,On Street
POOL Yes
POOL DESCRIPTION Gas Heat,In Ground,Salt Water
STORIES 1
STYLE Contemporary, Modern
SUBDIVISION La Quinta Polo Est
VIEW Yes
VIEW DESCRIPTION Peek-A-Boo

Location

 

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Listed with Rennie Group

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 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.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/19/25 7:49 AM PDT 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. Properties may or may not be listed by the office/agent presenting the information

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