The entire valley floor is laid out in a checkerboard with alternating tracts of land being leased(Native American owned) or fee. I see some here that may not understand this yet, are quick to answer which should make you a little wary if you are looking for a home in the valley. We saw many a home in the 2-3m range that were very similar in size, style features an location with seemingly no price variation when on leased or fee land. We chose a home where we also own the land.
This checkerboard pattern of Indian owned lease land is also how they allow so many casinos in the area. You must be on Indian land to operate a casino in California.
Hope this helps and provides an FYI if nothing else.
I have noticed that realtors are not consistent about indicating land holdings in their listings. They also forget to list that a property is age restricted. My favorite irritation is when they list 2ba, but there are only 1.75ba. These oversights are a red flag that means that I do not want to do business with this realtor.
The interesting thing about tribal casinos is that tribal land can include what was originally non-tribal land, if it was purchased by a tribal member. That's how a casino can show up in what is seemingly non-tribal land, such as a downtown nearby. This is more commonly seen in the midwest.
Yes, there is a very sinple and quick way to check, just as all Realtors do. If you go to my website: http://www.PalmSpringsHomesAndEstates.com, then click on the TAB for "MLS Home Search," this is the SAME MLS site all of us Realtors use.
Once at that page, click on "Search On My Own." This brings you to the MLS. You can enter the cities and areas that interest you, be sure to select RESIDENTIAL and you can also select Attached Condo or Single Family Detached Home. Then select other Criteria like, Price, How Many Bedrooms & Baths, approximate Square Footage.
Once you have answered questions under GENERAL CRITERIA, you can then select ADDITIONAL CRITERIA which is also a Tab at the top of the page. Here you can fill out more information as well. NOW......scroll all the way to the very bottom of the page and you will see the word "LAND." Here is where you can select FEE Land, or LEASED Land.
I sincerely hopes this helps. You might always want to Bookmark this sight for future look-ups and take a look at all the other helpful information about the area. You are also welcome to call me on my toll-free number if you would prefer to discuss in more detail. I'm here to help in any way I can.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
If you find the home on the public access of the the desert area mls, on the bottom you should find the type of land ( fee or lease ).
As for the impact on price there are several other factors in play. How long the lease is, how much, location etc...FYI there are some areas where the lease is being renegotiated and in some cases they are trying to purchase the land from the Land owner ( i.e. Canyon Estates where i have a listing and one that just sold as of today ) The pro in this case is the lower price point.
Hope this helps.