Sold
Rancho Mirage, CA
40315 Cholla Lane
Ending Price
$16,000,000
Sold By
Mike Malul
Starting Price
$500,000
Ending Price
$625,000
Time of Sale
In Auction
Days On
9 Days
Previously on the market for $650,000 with no offers in 2 months. We came on board and positioned our starting bid price at $500,000. During our campaign we got multiple offers prior to auction and conducted the auction with our top interested buyers. We sold the property for $625,000 in just 9 days, or $25,000 above the seller’s reserve price.
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