81240 Peary Place, La Quinta, California 92253, La Quinta, 92253 - 6 bed, 7 bath
81240 Peary Place
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 81240 Peary Place, La Quinta, California 92253 reveals a property with a current list price of $12,000,000, which is 6% above the estimated $11,224,084 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the La Quinta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 81240 Peary Place Subject | $12,000,000* List Price | 6 | 7 | 6,985 | $1,607 | - |
A 81825 Baffin Avenue Sold | $12,500,000 | 5 | 7 | 8,796 | $1,421 | 0.7 mi |
B 81422 Peary Place Active | $10,500,000 List Price | 4 | 5 | 6,444 | $1,629 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this property exemplifies modern luxury with its classic contemporary architecture and high-end finishes throughout. The kitchen features state-of-the-art, professional-grade appliances (e.g., Wolf range), sleek flat-panel cabinetry, and modern lighting, all in pristine condition. Bathrooms are equally luxurious, showcasing contemporary fixtures, freestanding tubs, and stylish vanities. Flooring consists of large format tiles, wood-look tile, and plush carpeting in bedrooms, all appearing new. The property shows no signs of deferred maintenance and meets the highest current quality standards, aligning perfectly with the 'excellent' criteria for a recently built and impeccably maintained home.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Luxury Design
Recently built in 2018, the home boasts classic modern architecture, offering contemporary comfort and style with an open, inviting floor plan.
- Expansive Living Space
Spanning 6,985 sq ft with 6 bedrooms and 7 baths, the property provides generous living areas, enhanced by expansive pocketing doors for seamless indoor-outdoor integration.
- Premier Golf Course Frontage
Uniquely positioned above the 1st green of the esteemed Tom Fazio Course, offering panoramic golf course views and an exclusive setting with only one direct neighbor.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6985, other record living area = 5312. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
- Ultra-Luxury Price Point
The $12,000,000 list price places it in an extremely niche market, significantly narrowing the potential buyer pool.
- Substantial Association Fees
An annual association fee of $6,300 adds a considerable ongoing cost to ownership, which may be a factor for some buyers.
About 81240 Peary Place
Classic modern architecture meets comfort and style in this 6,985 sq ft home, featuring 6 bedrooms and 6.5 baths, with an open and inviting floor plan that seamlessly blends indoor and outdoor living spaces through expansive pocketing doors. Situated on an interior lot with only one neighbor, this home is ideally situated above the esteemed 1st green of the Tom Fazio Course. This home is offered furnished per inventory. Experience the perfect blend of luxury and tranquility in this exceptional property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 24,394 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $6300.0 / Month
Neighborhood Insights
La Quinta Unified Schools
Mountain Vista Elementary School
Grades K-6 • 1.6 mi
Cahuilla Desert Academy Junior High
Grades 7-8 • 1.4 mi
Coachella Valley High School
Grades 9-12 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 6,985 | 2,502 | 99% |
| Lot Size | 24,394 | 9,148 | 97% |
| Price | $12.00M | $923.0K | 99% |
| Price per sq ft | $1.7K | $390 | 99% |
| Built year | 2018 | 2002 | 88% |
| HOA | $6300.0 | $533 | 99% |
| Days on market | 69 | 161 | 11% |
Pricing History
Listed for Sale
Dec 28, 2025
$12,000,000
Initial Listing
Sold
Mar 20, 2017
$800,000
Public Record
Sold
Mar 16, 2006
$1,800,000
Public Record