$79,999,000
10.50 Acre Lot

80876 Kiwi Court, La Quinta, California 92253

  • Residential Income Property Type
  • Driveway Cars Garage
  • 2024 Year Built
Property 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.

Basic Details
Residential Income
For Sale
219128315DA
$79,999,000
Peek-A-Boo
2024
10.50 Acre
Active
: Flat
Features
: In Ground, Gas Heat, Salt Water
: Central, Zoned, Forced Air, Natural Gas
: Zoned, Central Air
: Living Room, Gas
: Driveway, On Street
: Modern, Contemporary
: Tile
1
$0
Appliances
: Dishwasher, Gas Cooktop, Microwave, Disposal, Refrigerator, Water Heater, Electric Oven, Vented Exhaust Fan, Ice Maker, Gas Cooking
Address Map
CA
Riverside
La Quinta
La Quinta Polo Est
92253
Kiwi
80876
Court
W117° 44' 48.3''
N33° 40' 34''
From Madison Street, turn on Beth Circle between Avenue 50th and Avenue 52nd.
313 - La Quinta South of HWY 111
Additional Information
$0
$0
$0
$0
$0
: Gated
: Slab
49.0
18
2025-04-11
1
Broker/Agent Information
Rennie Group
OMNI Group
Listing Information
Con Kolytiris
CDAR-D23901
CDAR-d24553
Rennie Group
CDAR-D82323
CDAR-d24553
Cash, Conventional
Active
2025-04-11T22:43:14Z
CRMLS
: Standard
2025-04-10T22:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069