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81422 Peary Place, La Quinta, California 92253, La Quinta, 92253 - 4 bed, 4 bath

81422 Peary Place, La Quinta, California 92253 home-pic-0
ACTIVE$11,995,000
81422 Peary Place, La Quinta, California 92253
4Beds
4Baths
6,444Sqft
29,185Lot
Year Built
2011
Close
-
List price
$11.99M
Original List price
$11.99M
Price/Sqft
$1,861
HOA
$6,300
Days on market
-
Sold On
-
MLS number
219117587DA
Home ConditionExcellent
Features
Excellent View: Golf Course, Lake, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewGolf Course,Lake,Mountain(s),Panoramic,Pool

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,6 Pros. Rank: price - $11.99M(99th), sqft - 6444(99th), beds - 4(68th), baths - 4(62th).

Welcome to this contemporary Mediterranean estate perfectly situated on an interior lot at the end of a cul-de-sac and perched atop the World Class Tom Fazio golf course at The Madison Club. The open floor plan and indoor/outdoor living areas lend themselves to functionality with an emphasis on style and comfort. Features like the luxury spa-like primary suite and 3 additional suites including a fully self-contained guest casita with kitchenette add to the overall appeal of this home. Attention to detail is showcased in the floor to ceiling pocket doors, bar, wine cellar, office, a sparkling infinity edge pool, spa, inviting gazebo, and countless firepits. The outdoor patio is the perfect place to enjoy views of the golf course, the mountains and amazing desert sunsets at your private sanctuary in The Madison Club.

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•1.7mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•1.2mi
3/10
Coachella Valley High School
Public,•9-12•2.8mi
Condition Rating
Excellent
Built in 2011, this contemporary Mediterranean estate is in immaculate condition, showcasing high-end finishes and modern design throughout. The kitchen features a large island with premium countertops and stylish cabinetry, complemented by a 'luxury spa-like primary suite' and a fully equipped guest casita kitchenette. High-quality flooring, modern light fixtures, and seamless indoor/outdoor living spaces contribute to an overall impression of a virtually new property with no deferred maintenance, meeting current luxury standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29185, living area = 6444.
Prestigious Location & Community: Located within 'The Madison Club,' a 'World Class Tom Fazio golf course' community, known as 'the Desert's most coveted enclave,' offering exclusivity, security, and high-end amenities.
Exceptional Views & Outdoor Entertainment: Boasts 'views of the golf course, the mountains and amazing desert sunsets' from a 'private sanctuary,' enhanced by an 'infinity edge pool, spa, inviting gazebo, and countless firepits' for luxurious outdoor living.
Luxurious Interior Appointments: Features a 'luxury spa-like primary suite,' a 'fully self-contained guest casita with kitchenette,' a 'wine cellar, office, and bar,' all showcasing 'attention to detail' with high-end finishes like 'floor to ceiling pocket doors.'
Modern Design & Seamless Indoor/Outdoor Living: A 'contemporary Mediterranean estate' with an 'open floor plan' and 'indoor/outdoor living areas' designed for 'functionality with an emphasis on style and comfort,' ideal for entertaining.
Privacy and Desirable Lot: Positioned on an 'interior lot at the end of a cul-de-sac,' providing enhanced privacy, reduced traffic, and a tranquil setting within the exclusive community.

Cons

Significant Association Fees: The property carries a substantial association fee of $6,300.0, which adds a considerable ongoing cost to ownership and may deter some potential buyers.
Potential Overpricing: The current listing price is 12% higher than the estimated property value, suggesting it may be priced above market expectations based on available comparative data.
Relatively Older Construction: Built in 2011, the property is slightly older than comparable luxury homes in the immediate vicinity (e.g., 2013, 2014), which might influence buyer perception in a market valuing the newest trends and technologies.

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