In this Desert Sun article, Rosalie Murphy takes a look at what $750,000 can buy in the Coachella Valley today.  At that price point, Rosalie says that you find luxuries the Coachella Valley is most famous for, i.e., mid-century modern architecture and fairway views.

Rosalie notes that for a house at this price point:

  • A 20 percent down payment would be $145,000, and
  • A 30-year mortgage at a 4 percent interest rate would require payments of $3,585 every month.

Here's Rosalie’s sampling of what you could buy with $750,000 in the desert right now:

A Krisel in Kings Point:  A 2,350 sq ft, three-bedroom, two-and-a-half-bathroom ranch in Palm Springs’ Kings Point community, a 44-home development designed by Modernist architect William Krisel in the late 1960s.  The home has split-level roof with clerestory windows, a mid-century architectural trademark, allowing sunlight to pour into the great room.  Full-length windows open the back of the house to a patio and pool.

Listing price: $725,000 ($309 per square foot)

HOA fees: $502 per month in Kings Point

Land lease: $3,537 per year. Lease expires in 2063.

Santa Rosa Cove Country Club:  French doors, mountain views, clay-colored Saltillo tile covers floors throughout this 1,922 sq ft, three-bedroom, three-and-a-half bathroom house.  The great room includes a wet bar and stone fireplace. Southwest-facing French doors open to a narrow fairway and the Santa Rosa foothills.  The property also includes a detached casita and private courtyard.  The home is being offered fully furnished.

Listing price: $725,000 ($377 per square foot)

HOA fees: $495 per month

18th Fairway In Sun City Palm Desert:  One of Sun City Palm Desert's largest floor plans, this 2,432 sq ft, 3 bedroom, 2-and-a-half bathroom house, built on a 8,276 sq ft lot, has ceilings that stretch to 14 feet and a master bathroom as big as the master bedroom.  The south-facing backyard patio comes with a built-in barbecue and its own misting system.  The plus 55 adult Sun City Palm Desert community is noted for its 2 eighteen hole golf courses and other amenities ranging from exercise facilities, indoor swimming pool/spa, tennis courts, pickleball courts and many clubs,events and activities.

Listing price: $725,000 ($298 per square foot)

HOA fees: $270 per month

Updated Mid-Century In Sunrise Park:  This 2,126 sq ft, 4 bedroom, 2-and-a-half bathroom house, originally built in 1957, sits in Sunrise Park, one of the Palm Springs neighborhoods full of mid-century architecture.  The home features clerestory windows and sliding-glass doors that connect every bedroom to the big backyard.  The architect renovated the house, taking it "down to the studs," according to the listing, the kitchen and bathroom are updated, along with electricity and plumbing equipment and the roof.

Listing price: $725,000 ($341 per square foot)

HOA fees: None

Huge House, Huge Lot In Versailles In Rancho Mirage:  The biggest house on the list is a 3,075 sq ft, 4 bedroom, 2-and-a-half bathroom house, sitting on a 13,939 sq ft (almost a third of an acre) lot in Rncho Mirage's Versailles development. The kitchen includes an island with a sink and cabinets and a breakfast bar; the master bath has a sit-down vanity.  In the living room, there's a corner fireplace and built-in entertainment center.  Sliding doors covered by arched overhangs lead most rooms to the backyard.

Listing price: $725,000 ($236 per square foot)

HOA fees: $128 per month

Please use the following link to read Rosalie Murphy’s aicle and view the pictures, courtesy of The Desert Sun: