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Polo Villas - La Quinta 1 Hospitality Properties Offered at $77,490,000 in La Quinta, CA



Investment Highlights
- Gated Enclave of 18 Luxuary Single-Family Short-Term Rentals
- 50-Year STR Agreement with the City of La Quinta
- Trophy STR Community Adjacent to Coachella & Stagecoach Festival Grounds
- Premium Revenue Performance Driven by Exceptional Large Group Capacity
Executive Summary
Presenting a rare and significant investment in one of the Coachella Valley’s most dynamic real estate markets: Polo Villas – an exclusive gated community of 18 luxury villas in La Quinta, CA. This premier property offers a compelling combination of scale, location, entitlement, and revenue potential that is difficult to replicate in Southern California’s vacation rental sector.
Key Investment Highlights:
• Institutional-Scale, Turnkey Asset: Polo Villas delivers a unique portfolio of 18 luxury homes purpose-built for short-term rental demand creating an immediate revenue generation platform for an investor buyer. Each villa features high-end finishes, en-suite bedrooms, indoor-outdoor living spaces, group-oriented amenities, such as pickleball courts and putting courses, and private pools, hot tubs and fire pits tailored for premium guest experiences. Seven of the 18 villas, completed in 2024 and known as The Reserve at Polo Villas, are offered under a separate listing.
• Long-Term STR Entitlement: This community benefits from a rare 50-year Development Agreement from the City of La Quinta allowing short-term vacation rentals, a highly valuable and increasingly rare entitlement in resort markets where STRs are often restricted. This secured right provides predictable operational flexibility and strong income potential over decades.
• Strategic and Event-Driven Location: Positioned adjacent to the famed Empire Polo Grounds, host site of the globally recognized Coachella and Stagecoach music festivals, Polo Villas benefits from extreme seasonal demand peaks and premium ADRs. The location also appeals year-round to golf, wellness, and group travel markets, with easy access to world-class courses, fine dining, luxury retail, and Old Town La Quinta attractions.
• Group & High-Yield Booking Trends: With a total of 104 bedrooms across 72,000+ sq ft, the property stands out in the short-term rental universe for its ability to host large groups via multi-home bookings—an increasingly lucrative segment commanding higher average daily rates and occupancy.
Key Investment Highlights:
• Institutional-Scale, Turnkey Asset: Polo Villas delivers a unique portfolio of 18 luxury homes purpose-built for short-term rental demand creating an immediate revenue generation platform for an investor buyer. Each villa features high-end finishes, en-suite bedrooms, indoor-outdoor living spaces, group-oriented amenities, such as pickleball courts and putting courses, and private pools, hot tubs and fire pits tailored for premium guest experiences. Seven of the 18 villas, completed in 2024 and known as The Reserve at Polo Villas, are offered under a separate listing.
• Long-Term STR Entitlement: This community benefits from a rare 50-year Development Agreement from the City of La Quinta allowing short-term vacation rentals, a highly valuable and increasingly rare entitlement in resort markets where STRs are often restricted. This secured right provides predictable operational flexibility and strong income potential over decades.
• Strategic and Event-Driven Location: Positioned adjacent to the famed Empire Polo Grounds, host site of the globally recognized Coachella and Stagecoach music festivals, Polo Villas benefits from extreme seasonal demand peaks and premium ADRs. The location also appeals year-round to golf, wellness, and group travel markets, with easy access to world-class courses, fine dining, luxury retail, and Old Town La Quinta attractions.
• Group & High-Yield Booking Trends: With a total of 104 bedrooms across 72,000+ sq ft, the property stands out in the short-term rental universe for its ability to host large groups via multi-home bookings—an increasingly lucrative segment commanding higher average daily rates and occupancy.
Property Facts
| Price | $77,490,000 | Status | Active |
| Price / SF | $21,312 / SF | Number of Properties | 11 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 4.10% | Total Building Size | 3,636 SF |
| Sale Type | Investment |
| Price | $77,490,000 |
| Price / SF | $21,312 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 4.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 11 |
| Individually For Sale | 0 |
| Total Building Size | 3,636 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 51160 Evangeline Way, La Quinta, CA 92253 | Hospitality | 3,636 SF | 2016 | - |
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Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 5 | - | - |
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Polo Villas - La Quinta
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