Seven Lakes C.C. is a beautiful Palm Springs country club with 15 pools & spas. Currently there are 35 condos on the market and 435 Desert Lakes is one of the lowest priced and is very good value for a 3BR/3BA upstairs unit of 2174 sq. ft. Seven Lakes is located on leased land and the HOA is in negotiations to buy out the land as the lease is due to expire in 2032. The current lease, association dues and other fees are as follows:
Anual Lease Amount: $542.64
Monthly Association Dues: $785.00
Monthly Loan Assessment: $90.00 (expires 10/9)
Monthly Country Club Social Dues: $103.00
Should you be a golfer, golf membership is currently available at a cost of $1,900 (single) and $2,500 (couples). I suggest you contact club membership for more details, tel: 760.328.2695.
Lastly, as a rule property taxes in Southern California are approx. 1.25% of purchase price. They could be a little less or a little higher dependent on bond issues.
If you woulld like me to send you additional information on this or any other property in Seven Lakes CC, Palm Springs or other country clubs in the Desert, I would be delighted to assist you.
I may be contacted as follows:
Winermere Real Estate