The Residence Club at Stone Eagle in Palm Desert, California, was recently featured in the New York Times “Breaking Ground” section. Palm Desert is in the Santa Rosa Mountains about a half hour southeast of Palm Springs. Scheduled to open in November 2008, the fractional property will be located on a Tom Doak-designed golf course. This exclusive club will consist of just three casitas — two with two bedrooms each and one four-bedroom — sold in one-eighth shares. Prices start just under $300,000. The gated community will also include whole ownership homes, recreational facilities, and a restaurant.
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