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81345 Avenue 54, La Quinta, CA 92253

List Price: $29,950,000On Market FlagOn market
Feb 7, 202510,685 sqft13 beds12 baths
Listed by: Zach Goldsmith
License #: 01454329
Phone #: 310-908-6860
The Agency
Source:
CRMLS Logo
MLS #: 25495789

Property Description

The "Gem of the Desert", set on 40 acres in the heart of La Quinta, surrounded by picturesque mountains and endless views lies the legendary, Merv Griffin Estate. Trailblazing interior designer Waldo Fernandez masterfully showcases a seamless blend of Moroccan elegance with modern California influences. With a vision imagined by the legendary television entrepreneur Merv Griffin, this is a rare opportunity to own an iconic estate, with multiple residential structures totaling 13 beds and 12 baths. This expansive property is a true compound, featuring 7 distinct structures, the crown jewel of which is the magnificent 5,409-SF main residence. A majestic mountain backdrop frames the estate, providing panoramic vistas of the surrounding landscape, including the tranquil 2.5 acre lake and sprawling orchard. The property is home to world-class equestrian facilities including a 16-stall barn and thoroughbred horse racing track. Experience self-sufficiency with a highly productive potable well (water rights owned) that services all water needs across the property. Located across the street from the prestigious Madison Club and Empire Polo Fields, with close proximity to world class dining and shopping, just two hours from Los Angeles in one of the deserts most prestigious settings.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$251,634

TurboHome Estimated Value

$23,362,800

$2,187 sqft

High Valuation
$24,530,940
$2296/sqft
Normal Valuation
$23,362,800
$2187/sqft
Low Valuation
$22,194,660
$2077/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2187/sqft$23,362,800

Location

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