Palm Valley Country Club, developed in 1983, is a private gated golf and tennis community. The 1,274 condominiums offer 14 different floor plans ranging in size from 936 to 2,489 square feet. The community offers single-level condos with fairway views of the two courses, Championship and Challenge. In addition, there are numerous buildings offering upper and lower level units surrounding the Challenge course.
If you love golf and tennis, then Palm Valley Country Club offers you a premier lifestyle club. Situated on lush tropical terrain centrally located in Palm Desert and just 10 miles from Palm Springs, Palm Valley Country Club redefines the private golf club experience. Blending time-honored traditions of golf with modern, upscale conveniences, the club boasts 36 magnificent holes of golf designed by Ted Robinson, Jr., and an array of golf, social and recreational amenities and personalized services and exclusive privileges that have earned it recognition among the finest private clubs in the Coachella Valley.
The masterful golf courses are just part of the experience. Between rounds, you can work on your game at the practice facilities, shop the Pro Shop for equipment or clothing, and enjoy the club’s bar, lounge and restaurant.
Palm Valley Country Club’s tennis and pickleball courts offer a variety of opportunities for social or competitive play in leagues, round-robins, tournaments, and inter-club events. Their talented USPTA-certified teaching professionals are available for private and group lessons for children and adults, and offer a Junior Tennis Academy for children ages 6-17.
Palm Valley Country Club is celebrated with its 100,000 square foot clubhouse, golf and tennis pro shop, men and women locker rooms with steam, sauna and jacuzzi, two restaurants and lounge, olympic size lap pool, state-of-the-art fitness center and a day spa/salon.
Whether you’re a passionate golfer or tennis player looking to improve your game or you simply want a place where you and your family can relax and enjoy the weekend, Palm Valley County Club offers you the lifestyle of your choice. It is no wonder it has received the designation of the ‘fun club’.
Home prices range from $250,000 to over $600,000. Monthly HOA is $725. Golf membership is separate.
Palm Valley Country Club is located off Country Club Drive, between Washington and Cook streets.
http://www.palmspringsvalleyhomes.com
The Costs: Before you begin your search for your dream get-away home, talk to your tax professional about how a second home will impact your tax situation. The IRS has different rules for people with second homes and vacation homes (defined as such if you stay there at least two weeks a year), so before you do anything, find out how buying a second home will affect your taxes.
Consider the expenses of buying a second property and the ongoing financial commitments involved in maintaining it, such as property taxes, insurance, utilities, gardeners, pool service, and homeowner association monthly fees (if in a gated community). Condominiums make great second homes because you don’t have to worry about the issues owners of detached homes do, like the exterior and outdoor areas. When looking at condos, research the homeowners’ associations (HOAs). Ask about monthly fees, special assessments and community rules.
If you’re looking for an investment property, a low price is not the only consideration. A turnkey operation is ideal. Look for properties that don’t need extensive repairs or much maintenance and steadily generates a steady positive cash flow. When buying a rental property, budget for added costs, such as marketing the home to potential renters, hiring a property manager and making repairs.
As with any home purchase, you’ll need to factor in closing costs and a down payment, which in the case of a second home or investment property will be sizable. Typically, you’ll need to put down at least 25 percent of the purchase price.
Down the road, if you decide the property isn’t working out for you, how hard will it be to sell it or rent it out? How much will it cost you? Planning ahead and coming up with a plan B will help you deal with potential surprises.
The City: Location, location, location. One of the keys in being successful in investing in a second home is your awareness of the neighborhood you’ve decided to target. Take the extra time to study the demographics of a specific neighborhood before making an investment. Ask your realtor if the community is primarily comprised of baby boomers, families with children, or filled with rental properties. Ask how your targeted area compares with others in that city.
The Knowledge of the Coachella Valley: Many times when people talk about Palm Springs, they’re actually referring to other cities in the Coachella Valley, like Palm Desert, Rancho Mirage, Indian Wells, and La Quinta.
Average Daily Minimum-Maximum Temperatures in January, February, March, April, May, June:
41 – 69/45 – 74/48 – 79/ 54 – 87/60 – 94/66 – 103
July, August, September, October, November, December:
74–108, 75–107, 67–102, 59–92, 48–79, 42–70