Location: La Quinta, Calif.
Price: $12 million
Size: 11,000+ square feet, 7 bedrooms, 8 full and 2 half bathrooms
Word on the Coachella Valley celebrity real estate street is that Kardashian/Jenner family matriarch Kris Jenner shelled out $12 million for an ultra-modern mansion overlooking the lush and unnaturally verdant sixth fairway inside the manned gates of the prestigious Madison Club, a swanky golf development in La Quinta, Calif., that describes itself in marketing materials as “the modern interpretation of California’s classic old-line country clubs.” The sellers were luxury property developer Gala Asher and L.A.-based Coldwell Banker real estate broker Ginger Glass, also the listing agent, who acquired the property in May 2015 for $2.15 million, oversaw the design and construction of the über-modern eye-popper that is not “old-line” anything and set it out for sale in late June of this year (2018) with an aggressive asking price of $15 million. According to the Desert Sun, who first sniffed out the transaction, the sale price is “likely” the highest amount paid for a single family home in the Coachella Valley since late 2016 when billionaire investor Ron Burkle paid $13 million for a torus-shaped Palm Springs residential extravaganza long owned by Bob Hope.