Palm Springs, CA condos for sale and MLS Listings. The smaller units get a carport, the larger a garage for 1 … Some of the best neighborhoods in Palm Springs are on Indian land. Licensed to Sell since 1985 . WE RECOMMEND CHOOSING A LOCAL LENDER THAT IS FAMILIAR WITH LEASE LAND. 1,629 sq.ft. $205,000 Est. Learn more about local market trends & nearby amenities at realtor.com®. View listing photos, nearby sales and find the perfect condo for sale in Palm Springs, CA. In 1876, Pacific Railroad laid the tracks between Los Angeles and Yuma, Arizona. Consult with your lender regarding the ability to provide a loan for any property you are considering. There is a Palm Springs condo for every buyer, as the market … You may contact the Sunrise Palm HOA at Phone: (760) 327-7287. Vacation rentals have a 30 day minimum stay enforced rule. . A lender may require the remaining term of the lease to be at least 5 years longer then the term of the loan. If you want to live in certain neighborhoods in Palm Springs, often the only options are purchasing on leased land. Interests rates tend to be the same for Lease and Fee Simple land, but subject to the constant changes in the lending world. The length of the lease will vary. The government gave the railroad a checkerboard of every square mile of land for 10 miles on either side of the railroad right-of-way. Most Indian leases are administrated by the Bureau of Indian Affairs; a homeowner doesn't deal with the Indian owners directly, but instead usually with the appointed property management company or Bureau of Indian Affairs office. Please complete the information request above and I will respond to you within 2 hours. information contained herein may or may not have been the listing and/or selling agent. We advise anyone interested in purchasing a property on lease land, to do their due diligence to understand the pending litigation and how the outcome may affect ownership of the property. It offers great landscaping, two pools, three spas and two lighted tennis courts. Not all "lease land" properties are governed by the Bureau of Indian Affairs; some lease land parcels are owned by private leaseholders, often referred to as "Business Leases" or "Developer Leases." None of the above statements can be guaranteed. that are written by the members of this community. Lease land typically consists of long term land leases. fully support the principles of the Fair Housing Act and the Equal Opportunity Act. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Opportunity, Real Estate Agent with Pacific Sotheby's International Realty - Palm Springs, CA 01264926 / 01785498, MichelleCherie Carr Crowe Just Call...408-252-8900, Get Results Team...Just Call (408) 252-8900! 1115 N Palm Canyon Drive, Mortgages. View for sale listing photos, sold history, nearby sales, and use our match filters to find your perfect home in Palm Springs, CA 92262. Interests rates tend to be the same for Lease and Fee Simple land, but subject to the constant changes in the lending world. Paul Kaplan Group and Bennion Deville Homes Click below to view more of our listings in Palm Springs and surrounding desert cities: Thank you for sharing about this attractive property for sale. There are 658 active homes for sale in Palm Springs, CA, which spend an average of 64 days on the market. Broker does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by seller or obtained from public records or other sources, and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals. Palm Springs home for sale: Come see this Tuscan style condo nestled in a luxuriously-designed gated community on fee land in the heart of Palm Springs. The low monthly HOA fees include trash, water, insurance, automatic gates, pools and spas, and landscape (common areas). make an informed decision when buying or selling a house. Sign Up to Save Favorite Listings, Save Searches & More... // . Zillow has 23 homes for sale in Palm Springs CA matching Community On Fee Land. This one checks all the boxes: The Best West Facing--full on Mountain Views from your private 2nd story patio for under $300,000! For more information, give us a call at 760-459-1396. Don't Have an Account? Zillow has 32 homes for sale in Palm Springs CA matching Fee Land. Zillow has 32 homes for sale in Palm Springs CA matching Land Fee. The U.S. government deeded the Agua Caliente 52,000 acres throughout the Coachella Valley (6,700 acres lay within the city of Palm Springs). New. $4,995,000 - 6 Beds, 8 Baths, 8,989 Sf, Fee Land . For Sale: 349000 - Residential, 2 bed, 2 bath, 1,218 sqft at 217 S Louella Road in Palm Springs. The condition in which you keep your home most likely has far more influence on its resale value than the fact it is or is not on lease land. 127. There are 60 units which comprise of 2 bedrooms and 2 baths units on 1220 sq ft and a larger 2+ bedroom and 2 baths on 1525 sq ft. Get first-in-line listing updates, save favorites & much more by signing up for free ! Some leases do have minimal down payment requirements, term requirements and other specific conditions, however has been typically possible to get a loan on lease land in the past. There are several attractive features: a front and back patio; two-car garage; large living room with striking fireplace; community pool and spa nearby; spacious master retreat with dual closets; ample-sized guest suites; well-sized kitchen dining area, and property is in the back end of the community. The primary difference between buying land and leasing it is obvious; lease land reduces the cost of a home compared to "Fee Land", land that you own. The Paul Kaplan Group will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. A lender may require the remaining term of the lease to be at least 5 years longer then the term of the loan. For sale at Sunrise Palms in Palm Springs: Welcome to 3384 Bogert Trail, a condo for sale in Andreas Hills- South Palm Springs. Property taxes:  We advise you to research the tax information with the Country of Riverside tax assessor. Some leases have built in escalation clauses in the lease; other lease increases may be tied in with the Consumer Price Index. Pacific Sotheby's International Realty - Palm Springs, CA, Ask us any question you have about Palm Springs Real Estate, Charming, Renovated, Gated and Centrally Located Coachella Valley Home, Affordability of Condos Fuels Sales Under $300,000, PALM SPRINGS & DESERT CITIES 'HIGH SEASON' CALENDAR OF EVENTS. Premium South Palm Springs location surrounded by beautiful palm trees, mature citrus and generous lawns that cannot be found in new developments. Over 23,000 residential properties are located on Indian lease land, which give the home owner specific rights to the property for the duration of the lease. In addition to houses in Palm Springs, there were also 326 condos, 10 townhouses, ... full-service agents, and lower fees that provide a better value for Redfin buyers and sellers. Recent-designer remodeled interior. However each lease is unique and should be reviewed for the specific terms affecting a particular property. The Paul Kaplan Group can help identify which properties are on lease land and which are on fee land. Fair Housing: Andreas Hills is known for its picturesque mountain scenery, hiking trails, and quieter lifestyle. *Contact The Paul Kaplan Group for more information on lenders that process lease loan applications. The city of Palm Springs is built on a "checkerboard" consisting of alternating Indian and non-Indian land. There are currently 60 land homes for sale in Palm Springs at a median listing price of $499K. Why buy Lease Land vs Fee Simple Land? and Palm Springs real estate Fair Housing and Equal More than a look, Oceo is an experience - a richly rewarding enhancement to your artistic senses and desires. We respect your privacy – We hate spam as much as you so feel free to unsubscribe at any time. So, by owning on leased land, the homeowner gets the use of the land without the capital outlay - and may be able to afford a larger home for less money. More information - A history of Indian Lease Land. Payment-- Acres. The two available floor plans include a 1 bedroom and 1 bath 782 sq ft unit and a larger 2 bedrooms and 2 baths 975 sq ft unit. Read about how we use cookies and how you can control them on our Privacy Policy. Call 760-413-6595 for a tour of Biarritz Condos in Palm Springs, CA for Sale. DRE #00901962 . Specializing in architectural and midcentury modern properties. Canyon Granada is an upscale gated community located on 6 acres of South Palm Springs fee simple land (You own the land). Also, since no one actually owns a home until the loan is paid off, most so-called "land owners" don't really own their property for 30 years. Financial Benefits The main advantage of Indian lease land is that you can buy a home for up to 15%-30% less than on fee simple land. Palm Springs condos for sale provide an exclusive passage into this resort city's exciting market. Any mention of vendors, products, or services is for informational purposes only. [CDATA[ Palm Springs, CA condos for sale and MLS Listings. Located in desirable Andreas Hills on fee land, this end unit loaded with potential to make it your own. The median listing price of land in Palm Springs is $499,000. Prices are traditionally 15% to 20% less for comparable properties on fee land, but can vary. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Biarritz is a lovely 110 unit condo community that sits on almost 4 acres of land. MLS® # 20627294 . Not all lenders will lend on lease land. Welcome to 3384 Bogert Trail, a condo for sale in Andreas Hills- South Palm Springs, For More information + photos: www.mikeandmariahomes.com. 908 Oahu Lane, Palm Springs, CA 92264. This condo has one of the best locations with pool and mountain views with the largest front yard. Google Maps. Lots Land For Sale. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. © 2021 ActiveRain, Inc. All Rights Reserved ActiveRain, Inc. takes no responsibility for the content in these profiles, Nothing herein should be construed as investment advice. Located in desirable Andreas Hills on fee land, this end unit loaded with potential to make it your own. We hate spam as much as you- feel free to unsubscribe at any time. 3 Bedrooms 2 Bathrooms2180 Sq FtDetached Two-Car GarageFee LandSerene Desert Setting, Back Patio- Greenbelt behind, plenty of room, and mountain vistas, Living Room- Wide open, recently painted and carpeted, leads right to back patio, Kitchen- Breakfast Bar, plenty of storage, adjacent to front patio, and open to dining area, Master Bedroom- Access to back patio, has en-suite bathroom, two separate closets, and very large, Guest Bedroom 2- Access to back patio, laminate flooring, light and bright, Guest Bedroom 3- Access to front patio, laminate flooring, roomy and great for guests staying who liek to come and go, Tennis & Pool Area- Common area amenities to only be enjoyed by residents. $349,000 USD: This Palm Springs Condo is a beauty! If you continue to use this site, you consent to our use of cookies. However, in recent years, in some neighborhoods, there hasn't been a big difference in pricing between fee land and lease land properties. WE DO NOT RESPOND TO VACATION RENTAL ENQUIRIES. MLS® # 20634636 . Home Values. Get the scoop on the 263 condos for sale in Palm Springs, CA. Palm Springs, CA 92262. Sales may not represent all brokers. Some lease payments are paid annually; others are divided and paid monthly. Active. Prices $100,000 – $140,000. HOA. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-69461106-1', 'auto'); ga('send', 'pageview'); WE RESPECT YOUR PRIVACY. Some leases do have minimal down payment requirements, term requirements and other specific conditions, however has been typically possible to get a loan on lease land in the past. Enjoy the water features and lush landscaped paths on your way to the east facing private patio. Esprit is a gated community on three acres in South Palm Springs. Are you sure you want to report this blog entry as spam? View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Not all lenders will lend on lease land. Before you enter a transaction on lease land, you should read and review all contracts, leases and information about the specific lease as all leases are unique and subject to changes. Sunrise Palms in on Indian lease land. Biarritz – Located off Ramon Rd near Indian Canyon Dr in Palm Springs, CA. The Paul Kaplan Group represents home for sale in Palm Springs. 280 S Avenida Caballeros #268, Palm Springs, CA 92262. 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