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.

Listed By CRMLS_CA / Kimberly Brill / Keller Williams Realty Los Feliz

Last checked: Checking… • Last updated Mar 28, 2024 • Source: CRMLS_CA

MLS# 24353965 — Report a problem