80876 Kiwi Court La Quinta, CA 92253
Listing Courtesy of: CRMLS / Rennie Group / Omni Group

  80876 Kiwi Court La Quinta, CA 92253

Active (9 Days)
$79,999,000

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 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.

MLS #:
219128315DA
Lot Size
10.5 acres
Type
Multifamily
Year Built
2024
Style
Contemporary, Modern
Views
Peek-a-Boo
County
Riverside County
Community
La Quinta Polo Est

Listed By

Omni Group, Rennie Group
Source
CRMLS
Last checked May 23 2025 at 9:41 AM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Disposal
  • Electric Oven
  • Gas Cooking
  • Gas Cooktop
  • Ice Maker
  • Microwave
  • Refrigerator
  • Vented Exhaust Fan
  • Water Heater
Subdivision
  • La Quinta Polo Est
Property Features
  • Fireplace: Gas
  • Fireplace: Living Room
  • Foundation: Slab
Heating and Cooling
  • Central
  • Forced Air
  • Natural Gas
  • Zoned
  • Central Air
Pool Information
  • Gas Heat
  • In Ground
  • Salt Water
Flooring
  • Tile
Exterior Features
  • Roof: Flat
Parking
  • Driveway
  • On Street
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.