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The Market Is Hot For High-End Desert Properties

by | Apr 24, 2017

The Agency is proud to announce the sale of 15 Strauss, a breathtaking estate located within the prestigious guard gated Renaissance in Rancho Mirage.

The area’s highest-priced sale in twelve months, the spectacular property, represented by The Agency’s Richard Bartholomew and Gregg Fletcher, is an oasis in the heart of The Valley, boasting a fabulous 75 foot swimming pool, 12-person spa, waterfalls, a sunken-lit tennis court and putting green surrounded by exceptional mountain views.

15 Strauss is just one of three luxury listings our Palm Springs office has closed in the last two months, evidence the desert market is hot—and it shows no signs of slowing.

While Palm Springs and the surrounding communities have been a popular respite for Hollywood’s elite since the 1920s, over the past few years, the area has attracted a new wave of young entrepreneurs and creatives drawn to its burgeoning food and arts scene, iconic Mid-Century architecture, and easy access to Los Angeles—and they’re staying well past the weekend.

From the world-class restaurants and boutiques of downtown Palm Springs to The Palm Springs Art Museum and annual Modernism Week, the once-sleepy desert community is fast becoming its own miniature metropolis. In turn, buyers are looking at the desert as a more permanent retreat where they can escape the bustle of L.A. and still enjoy the culture—and cool factor—more commonly attributed to big cities.

We’re thrilled to be a part of the desert community and congratulate our Palm Springs agents on their sale.

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