Property listed by Pinnacle Realty Advisors, Jacob Mathers 760-766-2013
$899,000
This is a rare opportunity to own a home meticulously reconstructed and reimagined by the owners for their personal use, offering a level of quality and structural integrity seldom found in the market. Taken down to the studs, the property underwent extensive system upgrades including new framing, insulation, drywall, a… Read More full roof replacement, and updated plumbing. The electrical system has been modernized with a new 200-amp panel, complemented by new HVAC systems, ducting, high-efficiency windows, and a Tesla solar system for long-term energy savings. Truly turnkey with zero deferred maintenance, this property was built with longevity in mind. Inside, soaring cathedral ceilings create a dramatic sense of volume and light, enhancing the open-concept design and seamless indoor-outdoor flow. The flexible floor plan includes a private en-suite with its own separate entrance ideal for a home office, multigenerational living, or a high-end guest suite. Outdoor living is defined by a large pool ideal for swimming laps, set against a backdrop of stunning mountain views in a private, serene setting. Crucially for investors and part-time residents, this home is located in a neighborhood currently under the City of Palm Springs' 20% short-term rental permit cap, offering a rare window of opportunity to secure a new rental permit. With strong local demand and a projected gross annual income exceeding $100,000 based on comparable performance, this is a high-performing asset ready for immediate occupancy (buyer to verify permit availability). The location offers a front-row seat to the massive, multi-million dollar revitalization of Demuth Park. This extensive public project is transforming the area with 24 brand-new pickleball courts, permanent large and small dog parks with ADA parking, and a new restroom building. Infrastructure improvements include the conversion of a 2.2-acre lot into a 165-stall paved parking lot with advanced drainage, along with the paving of the Community Center and Little League lots and fully restored pathways throughout the park. Situated minutes from world-class golf, downtown Palm Springs, and PSP International Airport, this property combines superior build quality with unparalleled access to the city's newest recreational hub. Secure a high-quality, "no-project" home in a neighborhood seeing historic investment and growth. Read Less
Built in 1946, Living area: 2200.0, Building faces South, 1 storey, Levels: One, Entry location: Ground Level - no steps, Construction Materials: Frame, Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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