Former "Full House" star Lori Loughlin recently pulled off a multimillion-dollar real estate win in the California desert - and that sale is a window into why La Quinta, has quietly become one of the most sought-after luxury markets in the country.
In December Realtor.com revealed that Loughlin and her husband sold their home for $16.5 million, just four years after they snapped it up in an off-market deal for $13 million.
Windfalls like this are becoming more commonplace in the celebrity-beloved community, which has drawn buyers such as Apple CEO Tim Cook, Justin Bieber, Kourtney Kardashian and her mother Kris Jenner, supermodel Cindy Crawford, and music mogul Scooter Braun.
The median home listing price in La Quinta is $875,000. There are currently 188 homes listed for $1 million and above, and 24 homes listed for $5 million and above.
Karen Ahaesy, real estate agent with Compass whose family first bought a home in La Quinta three decades ago, says that the area has evolved from a quiet desert enclave into one of the most luxurious markets in the Coachella Valley.
La Quinta is known for its world-class golf communities and dramatic mountain backdrops.
"Over the past decade, La Quinta has struck the balance between resort-style living and a true residential community," says Aheasy. "There's an exceptional level of privacy that attracts high-net-worth and celebrity homeowners."
The ritzy city—with a population of 37,846—offers a diverse mix of luxury neighbourhoods, all with easy access to top-tier amenities across the valley.
Ahaesy says La Quinta benefits from its proximity to unique regional attractions such as The Thermal Club, one of the most exclusive private motorsport clubs in the world; the Jacqueline Cochran Regional Airport in Thermal, which provides private jet access minutes away; and large-scale private estates like the Zenyara property, where high-profile events and private gatherings often take place. La Quinta is also just two hours from Los Angeles, which makes it ultraconvenient for city weekend escapee residents.
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