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The last time this home in the gated Bighorn Golf Club community sold in 2007, it went for $6 million, according to Signe Beck, of Luxury Homes by Keller Williams. But after being foreclosed on in March 2010, its price has come down significantly. It's been on and off the market over the past two years and was recently re-listed last month for $3.5 million.
The Palm Springs home boasts 5 bedroom suites, including a master suite with its own fireplace, his and her bathrooms and French doors that open onto the pool. The chef's kitchen has a pair of Viking refrigerators and a view of the putting green and the waterfall out back.
For more information: 533 Mesquite Hills
These foreclosed homes may be in some of America's hardest hit neighborhoods, but the deals may be too good to pass up.
