1440 Amelia Way, Palm Springs, CA 92262

$1,400,000
5
BD
3
BA
3,042
SqFt

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Sold Price
$1,400,000
List Price
$1,400,000
Closing Date
Jan 19, 2024
Status
CLOSED
MLS#
219104798
Year Built
2004
Bedrooms
5
Bathrooms
3
Living Sq. Ft
3,042
Lot Size
10,454
Days on Market
15
Property Type
Single Family Residential
Stories
1
Neighborhood
PS Colony

Property Description

''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

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Heated, Salt Water, Private, In Ground
Spa
Yes
Fireplace Description
Gas, Other
Heat
Natural Gas, Central, Fireplace(s)
Cooling
Air Conditioning
Parking
Direct Access
Garage Spaces Total
2
Sewer
In, Connected and Paid

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HomeSmart. Selling Office: .