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Overview

MLS # 219128315DA
Listed on 2025-04-11
Status Active
Price $79,999,000
Type Residential Income
Size of home 72,271 sq ft
Beds / Baths 99 / 122.00
Size of lot 457,380 sq ft
Neighborhood La Quinta Polo Estates
Location address 80876 Kiwi Court
La Quinta 92253

Description


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

General Information

Original List Price $79,999,000
Price Per Sq/Ft $1,107
Furnished No
Land Type Fee
Land Lease Expires N/A
Pool Yes
Pool Description In Ground, Private, Salt/Saline
Spa Yes
Spa Description Heated with Gas, In Ground
Year Built 2024
Levels Ground Level
View Peek-A-Boo, Pool
Flooring Ceramic Tile
Appliances Built-In BBQ, Cooktop - Gas, Microwave, Oven-Electric, Range, Range Hood
Patio Features Concrete Slab, Covered
Laundry Room
Fireplace Yes
Heating Type Central, Forced Air, Natural Gas, Zoned
Cooling Type Air Conditioning, Ceiling Fan, Central, Multi/Zone
Parking Spaces 49
Parking Type Driveway, On street

Courtesy of: OMNI Group / Rennie Group

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