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500 W Palm Vista Dr Palm Springs, CA 92262
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Key Details
Sold Price $715,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,112 sqft
Price per Sqft $642
Subdivision Desert Highland Gateway
MLS Listing ID 24-353965
Sold Date 03/23/24
Style Architectural
Bedrooms 3
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Uncover a rare investment gem for astute homeowners and investors in Palm Springs' historic Desert Highland Gateway Estates. Positioned on an expansive lot with captivating views of the San Jacinto mountains, this property stands as a lucrative opportunity. Behind secure privacy gates lies a modern oasis- a fully upgraded home designed for optimal indoor/outdoor living. The residence features chic ceramic wood-like plank floors in a herringbone pattern, a chef's kitchen with granite waterfall counters, updated custom cabinets, and a large stainless steel island. Access the deck and spacious backyard through a 6-foot slider off the main living area. The left wing provides a private entrance to the guest room with a reading nook and direct access to the luxurious heated pool, lounging area, spa, and a tanning ledge. The primary bedroom boasts a remote-controlled blackout shade, an ensuite bathroom with a tub, and a spacious walk-in closet. A second full bathroom with custom cabinetry is situated off the hall. For working from home, a bonus third room makes the perfect office with a private Dutch door entrance. Smart app-controlled features allow control of the pool, irrigation, and Nest thermostat from afar. Additional features include a garage with direct access, a second driveway with RV parking space, and a professionally landscaped yard with Palm Springs Gold hardscape. Over $150k in upgrades include new windows, slider, HVAC system, contemporary lighting, solar panels, and a new custom heated pool and spa. A tankless water heater, automatic privacy gates, a water softener, drip irrigation, and attic insulation add value and efficiency to the package. With a thriving neighborhood, exquisite finishes, and coveted amenities, this property serves as an ideal turnkey vacation rental gem. No HOA fees or land lease, or current rental cap allow a hassle-free ownership experience. The area is undergoing significant growth, positioning itself for potential appreciation. Whether you're an investor seeking high returns or a resident looking for a smart Palm Springs haven, start shaping your investment portfolio in the vibrant legacy of Palm Springs. This property can be sold fully furnished, offering both immediate and long-term returns. Seize this chance to be part of a promising investment story in a neighborhood on the rise, just minutes from downtown.
Location
State CA
County Riverside
Area Palm Springs North End
Zoning R1
Rooms
Other Rooms None
Dining Room 0
Kitchen Granite Counters, Remodeled
Interior
Heating Central
Cooling Air Conditioning
Flooring Ceramic Tile
Fireplaces Type None
Equipment Ceiling Fan, Dishwasher, Built-Ins, Dryer, Range/Oven, Refrigerator, Solar Panels, Washer, Water Purifier
Laundry Garage
Exterior
Garage Attached, Auto Driveway Gate, Driveway, Door Opener, Direct Entrance, Driveway - Combination, RV Possible, Driveway Gate, Garage
Garage Spaces 4.0
Fence Block, Privacy
Pool Heated And Filtered, In Ground
View Y/N Yes
View Mountains
Building
Lot Description Automatic Gate, Back Yard, Fenced Yard, Front Yard, Landscaped, Lot-Level/Flat, Misting System
Story 1
Foundation Slab
Architectural Style Architectural
Level or Stories One
Structure Type Stucco
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Vista Sotheby's International Realty