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Sold for $6,375,000
    • Listed by: Desert Pacific Properties • Susan Harvey • 760-360-8200
    Bought with: Desert Pacific Properties
    $6,375,000

    86874 Newton Way, Thermal, CA 92274

    1beds
    8,050sqft
    Single Family Residence
    Built in 2021
    10,019 Square Feet Lot
    $5,426,900 Zestimate®
    $792/sqft
    $-- Estimated rent

    Home value

    $5,426,900

    $4.40M - $6.35M

    Not available

    Zestimate® history
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    What's special

    Custom roche bobois furnishingsMountain viewsPanoramic desert
    Experience Japanese-zen living in this 2021 Presidential-suite-designed masterpiece at The Thermal Club, a premier motorsports facility with 5 miles of circuit tracks. The open-concept estate features custom Roche Bobois furnishings, 13' ceilings, and high-end details throughout. The owner has conceptual plans to turn what is now a studio villa into a three-bedroom, three and a quarter bath villa with an elevator. Enjoy panoramic desert and mountain views and access to IndyCar and private racing events. Standard family membership fees at The Thermal Club are $200,000 initiation, $2,400/month dues, and $350/month ground maintenance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Harvey DRE #00957590 760-360-8200,

    Desert Pacific Properties

    Bought with:

    Susan Harvey

    Desert Pacific Properties

    Source: CRMLS,MLS#: 219101843DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Great Room, Living Room, Primary Bedroom, Pantry, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Separate Shower
    Kitchen
    • Features: Granite Counters, Kitchen Island
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Vented Exhaust Fan
    • Laundry: In Garage
    Features
    • Breakfast Bar, Separate/Formal Dining Room, High Ceilings, All Bedrooms Up, Primary Suite, Walk-In Pantry
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 8,050 sqft

    Property

    Parking
    • Total spaces: 22
    • Parking features: Driveway, Garage, Garage Door Opener, On Street
    • Attached garage spaces: 22
    Features
    • Levels: One,Two
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Hills, Mountain(s), Panoramic
    Lot
    • Size: 10,019 Square Feet
    • Features: Front Yard, Landscaped, Level, Sprinkler System
    Details
    • Parcel number: 759220022
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 2021

    Utilities & green energy

    • Sewer: Other
    • Water: Other

    Community & HOA

    Community
    • Features: Gated
    • Security: Gated Community, 24 Hour Security
    • Subdivision: Thermal
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Meeting/Banquet/Party Room, Tennis Court(s)
    • HOA fee: $2,400 monthly
    Location
    • Region: Thermal

    Financial & listing details

    • Price per square foot: $792/sqft
    • Tax assessed value: $4,764,419
    • Date on market: 10/24/2023
    • Listing terms: Cash
    • Exclusions: Artworks are not included in the sale. Cars are not included in the sale but available to purchase. Liquor and liquor related items.

    Price history

    DateEventPrice
    5/20/2026Sold$6,375,000+70%$792/sqft
    Source: Public Record Report a problem
    6/4/2024Listing removed--
    Source: CDAR/ Desert Area MLS Report a problem
    1/5/2024Sold$3,750,000-6.3%$466/sqft
    Source: CRMLS #219101843DA Report a problem
    12/29/2023Pending sale$4,000,000$497/sqft
    Source: CDAR/ Desert Area MLS #219101843 Report a problem
    10/24/2023Price change$4,000,000-27.3%$497/sqft
    Source: CRMLS #219101843DA Report a problem
    4/21/2023Price change$5,500,000-8.3%$683/sqft
    Source: Greater Palm Springs Realtors #219091410 Report a problem
    2/26/2023Price change$5,995,000-7.8%$745/sqft
    Source: CDAR/ Desert Area MLS Report a problem
    1/16/2023Price change$6,500,000-13.3%$807/sqft
    Source: CDAR/ Desert Area MLS #219088277 Report a problem
    5/18/2022Listed for sale$7,500,000$932/sqft
    Source: CDAR/ Desert Area MLS #219078964 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $4,764,419 +14.8%
    2025$52,617 +51.4%$4,150,000 +52.9%
    2024$34,751 +1.1%$2,713,924 +2%
    2023$34,368 +1.5%$2,660,710 +2%
    2022$33,844 +246%$2,608,540 +254.5%
    2021$9,781 +4.3%$735,824 +1%
    2020$9,380 $728,280 +2%
    2019-- $714,000 +6601.1%
    2018$159 +0.1%$10,655 +2%
    2017$159 $10,447 +2%
    2016$159 +24.9%$10,243 +1.5%
    2015$127 $10,090
    Find assessor info on the county website

    Neighborhood: 92274

    Nearby schools

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    Estimated market value
    $5,426,900
    Get a cash offer in 3 minutes
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    Estimated market value
    $5,426,900

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