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1440 Amelia Way

Palm Springs, CA 92262

5 beds
3 baths
3,042 sqft
$460 per sqft
2004 build

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''The Palm Springs Home'' - Where ART Comes to LIFE! As the door opens to this MAGICAL home, you begin to create memories you will cherish for a LIFETIME! You'll pass by ORIGINAL painted, life-size images of Marilyn Monroe, Frank Sinatra, Elvis, Elizabeth Taylor and a hand-painted Tramway wall as it soars through the mountain sunshine encompassing what Palm Springs is all about. This home was magically put together by the best property managers/interior decorators Palm Springs has to offer. No expense was spared or corner was left untouched as the home was being transformed into being the most spectacular vacation rental in the city. If you're a savvy investor looking for a killer opportunity to buy into the short term rental market in the city; than look no further. This property has the potential to generate over $180,000 in rental income in the first year of business and only build up your income from there year after year. This one of a kind home has custom art throughout the walls and also custom artwork in most rooms. The colors are vibrant and the home feels like you're in an animation with lively characters in each room. This home has five bedrooms, three full baths and a quarter bath. Two of the bedrooms are en-suites and there's also an attached casita which the new owner can occupy as a primary residence so they can book the main residence unlimited times throughout the year. The U shaped home is built around the pool with multiple windows and sliders looking out

Listing courtesy of DAMLS / HomeSmart

Last checked: Checking… • Last updated Jan 19, 2024 •

MLS# 219104798 —

The Building

Year Built:

2004
Year Built Source:

Assessor
Year Established:

None
New Construction:

false
Building Area Total:

3042.0
Building Area Source:

Assessor
# of Buildings:

None
# of Units Total:

None
Unit Number:

None
Building Name:

None
Building Features:

None
Stories:

None
Stories Total:

1
Levels:

One
Security Features:

Security System Owned
Basement:

None

Interior

Rooms Total:

None
Furnished:

Furnished
Entry Location:

None
Flooring:

Carpet, Ceramic Tile
Fireplaces Total:

2
Fireplace:

true
Fireplace Features:

Gas, Other
Fireplace Features -Gas:

true

Room Dimensions

Living Area:

3042.0
Living Area Source:

None

Location

Directions:

None
Cross Street:

Farrell Dr
Latitude:

33.851579
Longitude:

-116.530916

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Updated/Remodeled
Topography:

None
Lot Size Area:

10454.0
Lot Dimensions Source:

None
Lot Size Source:

Assessor
Zoning:

None
Current Use:

None
Possible Use:

None
View:

false
Property Attached:

No
Water Body Name:

None
Waterfront:

No
View:

No
Fencing:

Block
Sprinkler System:

true
Road Frontage Type:

None

Listing Agent

Contact info:

Taxes

Tax Year:

None
Tax Annual Amount:

None
Tax Legal Description:

None

Beds

Bedrooms Total:

5

Baths

Total Baths:

3.0
Total Baths:

3
Full Baths:

3
Partial Baths:

None
Quarter Baths:

1

The Listing

Home Warranty:

No
Disclosures:

Home Warranty Plan, None
Disclosures -Home Warranty Plan:

true
Buyer's Brokerage Compensation Type:

None

Heating & Cooling

Heating:

Central, Fireplace(s), Natural Gas
Heating:

true
Heating -Central:

true
Heating Fuel -Natural Gas:

true
Cooling:

Air Conditioning
Cooling:

true
Cooling Type -Air Conditioning:

true

Utilities

Sewer:

In, Connected and Paid

Schools

Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

PS Colony
Gated Community:

No
Senior Community:

false
Senior Community:

No
Spa:

true
Pool:

Yes
Private Pool:

true
Pool Private:

true
Pool Features:

Heated, Private, Salt Water, In Ground
Pets Allowed:

None
Association:

None
Association Name:

None
Cap Rate:

None
Spa Features:

Private, In Ground

Parking

Garage:

Yes
Garage Description:

Attached
Garage Spaces:

2.0
Covered Spaces:

None
Parking Total:

4.0
Parking Features:

Direct Entrance, Total Uncovered/Assigned Spaces
Open Parking Spaces:

None
Total Uncovered Assigned Spaces:

2.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$140/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
1/19/24 Jan 19, 2024	Sold	DAMLS	$1,400,000
1/18/24 Jan 18, 2024	Pending	DAMLS	$1,400,000
1/4/24 Jan 4, 2024	Sold Subject To Contingencies	DAMLS	$1,400,000	9.8% (4.1% / YR)

House Sold on 1/19/2024

$1,400,000

Listing provided by broker:

David Colin

HomeSmart

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Listing Courtesy of: DAMLS and HomeSmart.

The information being provided by DAMLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of DAMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

1440 Amelia Way

Palm Springs, CA 92262