A lender may require the remaining term of the lease to be at least 5 years longer then the term of the loan. Prices $100,000 – $140,000. Vacation rentals have a 30 day minimum stay enforced rule. Some of the most popular neighborhoods in Palm Springs are on Indian land. Learn more about local market trends & nearby amenities at realtor.com®. and Palm Springs real estate 908 Oahu Lane, Palm Springs, CA 92264. Let's start by saying it is on FEE land with no extra Lease land payment! Why buy Lease Land vs Fee Simple Land? 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. 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. On Land you Own in central Palm Springs, with Home Owner Fees of $390 per month, in … For sale at Sunrise Palms in Palm Springs: 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. Discover the architectural Canyon View Estates, designed by Dan Palmer and William Krisel in in the early 1960s and built by the Alexander Construction Co. Canyon View Estates is located in South Palm Springs, between the Indian Canyon pubic golf club and magnificent hiking trails to the West. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. To learn more about Indian lease land, please contact the Bureau of Indian Affairs, Palm Springs Branch on 760.416.3289, or at their website: BIA Palm Springs. Prices are traditionally 15% to 20% less for comparable properties on fee land, but can vary. Search Palm Springs, CA 92262 condos for sale, real estate, and MLS Listings. MLS® # 20627294 . Palm Springs, CA condo prices overview Searching for condos for sale in Palm Springs, CA has never been more convenient. Get first-in-line listing updates, save favorites & much more by signing up for free ! Page 2 | Find Palm Springs, CA land for sale at realtor.com®. Interests rates tend to be the same for Lease and Fee Simple land, but subject to the constant changes in the lending world. Payment-- Acres. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Lots Land For Sale. Enjoy the water features and lush landscaped paths on your way to the east facing private patio. The Paul Kaplan Group Inc. does not endorse any of the products or vendors, referenced on this material. 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." The length of the lease will vary. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. $349,000 USD: This Palm Springs Condo is a beauty! 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. This one checks all the boxes: The Best West Facing--full on Mountain Views from your private 2nd story patio for under $300,000! Paul Kaplan Group and Bennion Deville Homes You may contact the Sunrise Palm HOA at Phone: (760) 327-7287. The city of Palm Springs is built on a “checkerboard” consisting of alternating Indian and non-Indian land. Although Palm Springs is well known for its distinctive detached mid-century modern homes, its bright condos allow residents to enjoy all that the famed region has to offer with a maintenance-free lifestyle. Get the scoop on the 263 condos for sale in Palm Springs, CA. Biarritz – Located off Ramon Rd near Indian Canyon Dr in Palm Springs, CA. The smaller units get a carport, the larger a garage for 1 … The complex is situated near the Public Tahquitz Creek Golf course. Find CA real estate agents To see homes in Palm Springs or the surrounding area, including the high desert, Joshua Tree and Yucca Valley, please contact us at 760-459-1396 www.PaulKaplanGroup.com The information contained, and the opinions expressed, on this site are not intended to be construed as investment advice. There is a Palm Springs condo for every buyer, as the market … Palm Springs, CA condos for sale and MLS Listings. By submitting the registration form and your information on our website, you are acknowledging that you have reviewed and are consenting to the terms set forth in our Privacy Policy. 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. While many things determine resale values, recent comps for resales of homes on leased land have either risen or declined in similar proportions as other homes in the same areas. Read about how we use cookies and how you can control them on our Privacy Policy. Canyon View Estates, Palm Springs, CA. Please contact The Bureau of Indian Affairs TESA Branch in Palm Springs at (760) 416-3289 for additional information on lease land. It offers great landscaping, two pools, three spas and two lighted tennis courts. 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. Recent-designer remodeled interior. Map It. With Point2, you can easily browse through Palm Springs, CA apartments for sale and quickly get a general perspective on the real estate prices, including any drops that have happened during the past 6 months. that are written by the members of this community. fully support the principles of the Fair Housing Act and the Equal Opportunity Act. $205,000 Est. The Paul Kaplan Group represents home for sale in Palm Springs. However, in recent years, in some neighborhoods, there hasn't been a big difference in pricing between fee land and lease land properties. (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'); 127. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 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. © 2021 ActiveRain, Inc. All Rights Reserved Current Location; Homes For Sale. Zillow has 14 homes for sale in Palm Springs CA matching No Land Lease. Homes for sale in Palm Springs, CA have a median listing price of $499,000. The city of Palm Springs is built on a "checkerboard" consisting of alternating Indian and non-Indian land. 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. 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. 294 W Crestview Drive, Palm Springs. Sort by: Suggested. [CDATA[ Altas Realty - San Jose, CA, Family Helping Families Buy & Sell Homes 40+ Years. WE RESPECT YOUR PRIVACY. information contained herein may or may not have been the listing and/or selling agent. The Paul Kaplan Group will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein. Located in desirable Andreas Hills on fee land, this end unit loaded with potential to make it your own. The Oceo community is located in central Palm Springs. Sign Up to Save Favorite Listings, Save Searches & More... // . There are 658 active homes for sale in Palm Springs, CA, which spend an average of 64 days on the market. Oceo is comprised of 9 Courtyard homes measuring about 2,600 square feet, and each with a … 1115 N Palm Canyon Drive, Palm Springs condos for sale provide an exclusive passage into this resort city's exciting market. Interests rates tend to be the same for Lease and Fee Simple land, but subject to the constant changes in the lending world. Andreas Hills is known for its picturesque mountain scenery, hiking trails, and quieter lifestyle. Esprit is a gated community on three acres in South Palm Springs. The Agua Caliente tribe got the non-Pacific Railroad owned squares. The Broker/Agent providing the Active. We use cookies to offer you a better browsing experience, analyze site traffic and personalize content. Sunrise Palms in on Indian lease land. By signing up below, you'll receive updates on Palm Springs & new listings in the Palm Springs area. $4,995,000 - 6 Beds, 8 Baths, 8,989 Sf, Fee Land . 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. The length of time on lease– Typically, land leases and homes for sale in Palm Springs are for a long term lease. 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. We respect your privacy – We hate spam as much as you so feel free to unsubscribe at any time. on ActiveRain. Zillow has 23 homes for sale in Palm Springs CA matching Community On Fee Land. Please complete the information request above and I will respond to you within 2 hours. In 1876, Pacific Railroad laid the tracks between Los Angeles and Yuma, Arizona. The low monthly HOA fees include trash, water, insurance, automatic gates, pools and spas, and landscape (common areas). 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. Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. Zillow has 32 homes for sale in Palm Springs CA matching Land Fee. WE RECOMMEND CHOOSING A LOCAL LENDER THAT IS FAMILIAR WITH LEASE LAND. A history of Indian lease land typically consists of long term land leases surrounded beautiful... ; other lease increases may be tied in with the owners of lease and... To our use of cookies Springs and the Equal Opportunity Act this material privacy.. Generous lawns that can not be found in new developments brokers listed on this site, you 'll updates! Spam as much as you- feel free to unsubscribe at any time spas and two lighted tennis courts Public Creek... 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