Home Buying in Rancho Mirage>Question Details

Eldon Priest…, Home Buyer in New Jersey

What have ~3000 sq. ft. 3 bedroom homes in the Springs C.C. been selling for over the past year?

Asked by Eldon Priestley, New Jersey Sun Jan 18, 2009

I am interested in the range of prices, least expensive to most expensive, of homes in the Springs Country Club. Also interested in price per square foot.

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I do believe I responded to this question before! Since I specialize in home home sales at The Springs Country Club I have probably been involved in the highest and lowest price sales in the past couple of years. The prices go from $300s to over 1million, price per sq.ft. vary tremendousely. The prices on homes within The Springs CC generally are based on the location, views and interior upgrades. Therefore, green belt homes and homes in original condition in the current market even with 2500-3000sq.ft. have been selling in the $300-4000s. Even during the past year golf course original properties sold in the $400s. However, they were snapped up and now, as usual, the good locations and interiors are coming on the market at higher price points but there are still some great buys that need some remodeling. When you are coming to town call me 760-902-5548 or e-mail LesleyGregory@tarbell.com
0 votes Thank Flag Link Wed Jan 20, 2010
There is actually a 3102 square foot home in The Springs for $378,000. If you would like to see it, give me a call. I would be happy to show it to you or send you some photos of it. I can also send you stats of any area in the desert whenever you request them. All you have to do is contact me.

Elizabeth Schulze
0 votes Thank Flag Link Mon Jan 18, 2010
Hello Eldon, I have sold a great many homes in The Springs Country Club and work specifically with Buyers and Sellers in this particular club. Just finished Open House there today and I would be happy to provide you with statistics ongoing and chat with you more in depth regarding the vast range of property prices. Also, I can provide references from satisfied clients who own at The Springs. I look forward to hearing from you and can be reached at lesleygregory@tarbell.com
0 votes Thank Flag Link Sat Dec 26, 2009
Hi Eldon - I just received this from Trulia--unless I somehow overlooked it before and perhaps you have already purchased something. From the previous response to my checking things in The Springs now, here's the "average" of the 3 sales in the last six months (from today's date) ALL over 3000 s.f.:

List Price = $552,633
Cumulative Days on the Market = 241
Average s.f. among the 3 homes = 3,107
Sale Price = $509,667
Price per s.f. = $165

145 Yale (fixer) - 3,088 s.f. SOLD for $375K (original list price was $599K; reduced to $399K)
4 Clemson - 3200 s.f. SOLD for $459K
20 Dartmouth - 3032 s.f. SOLD for $695K -

Call if I can help you further and you still have not done anything or need additional assistance. It's interesting to check on the sales stats of a particular development. It is truly an excellent time to buy. Come--get out of those miserable winters, freezing temps, shoveling snow! I remember it well and MUCH prefer a round of golf or a game of croquet and drinking wine on the patio OUTSIDE with 80 degree temp.!
0 votes Thank Flag Link Tue Jul 21, 2009
Hello Eldon:

Of homes sold at the Springs over the past 6 months (which gives a more accurate picture than using one year sales) the average price per sq. ft. is $226.92. However, that is skewed due to the fact that one home was an REO and at the other end of the spectrum, one was highly upgraded/remodeled with incredible fairway views. As you can imagine, the price of these homes is very dependent on their condition and location. I list below the sq. footage and sales prices of recent sales:

3BR/3BA - 2,561 sq. ft. - $450,000 (bank owned)
3BR/3BA - 2,694 sq. ft. - $500,000 (private pool/spa)
3BR/3BA - 2,908 sq. ft. - $500,000 (on golf course)
3BR/3BA - 2,950 sq. ft. - $600,000
3BR/3BA - 2,475 sq. ft. - $985,000 (upgraded/remodeled - magnificient golf course views)

If you would like to contact me, I will be delighted to provide more detailed information on the different models, HOA dues, golf club membership etc.

Lesley Rosenthal
Prudential California Realty Desert Region
cell: 760.902.7560
0 votes Thank Flag Link Sun Jan 18, 2009
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