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80876 Kiwi Ct, La Quinta, CA, 92253

--beds
--baths
--sqft
$77,490,000
--price/sqft
$496,038/moest. monthly cost
$19,841,520/yrincome needed

About This Home

Polo Villas is an exclusive 18-home luxury community in La Quinta, uniquely positioned with a 50-year 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.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Flat

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary,Modern
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Gas Cooktop,Disposal,Ice Maker,Microwave,Refrigerator,Vented Exhaust Fan,Water Heater

Features

  • Flooring: Tile
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas,Zoned
  • Cooling features: Central Air,Zoned

Property

Details

  • Parcel number: 777500017
  • Special condition: Standard

Features

  • Private pool: Yes
  • Pool features: Gas Heat,In Ground,Salt Water
  • Has spa: Yes
  • Spa features: Heated,In Ground
  • Has view: Yes
  • View description: Peek-A-Boo

Lot

  • Lot size: 10.50 Acres

Parking

  • Total spaces: 49
  • Parking features: Driveway,On Street
  • Has garage: Yes
  • Attached garage spaces: 49
  • Covered spaces: 49