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74380 El Camino 2, Palm Desert
$6,845,000
IV-24204898 MLS ⋅ PENDING Status
- $2,105,000 PRICE REDUCTION!- - Package deal - Condominium units are priced well below market @ just $185,000/unit. Representing $65,000 upside potential per unit or $2,405,000! - - Seller willing to sell units individually / ProForma CAP rate of 14.35%, Long-terms, short-term Airbnb or hotel project. Current CAP 6.48% - - This property is grandfathered, allowing existing short-term rentals (STRs) to continue operating despite location or exceeding the 20% cap. - - Active individual condos in the same community are currently listed between $235,000 - $250,000 per unit. - - Most recent closed condo in same community sold for $250,000 individual sale. Tremendous upside selling individually. - - Updated Interiors / Updated Exteriors / 15-Units have high-end updates & 22-units are good condition with standard updates. Fully condo-mapped.- 37-condominium package deal. Property is strategically positioned just steps from El Paseo Drive, Palm Desert's premier shopping and dining district, this property offers unmatched convenience and luxury. El Paseo is home to over 150 boutiques, art galleries, and fine dining establishments, making it the "Beverly Hills of the Desert." Palm Desert is a thriving city in Riverside County, located 14 miles east of Palm Springs and 122 miles east of Los Angeles. The population has experienced steady growth, increasing from 41,155 in 2000 to 48,445 in 2010, reflecting the area's rising demand. Known for its affluent community, Palm Desert has an average income 63.8% higher than other U.S. neighborhoods. The workforce is diverse, with 40.1% employed in sales and services and 36.5% in managerial and office positions. With its prime location, strong rental demand, and high-income potential, this property is a rare find in the Palm Desert market. Don't miss out on this exceptional investment opportunity--contact us today!

74380 El Camino 2, Palm Desert

40235 Harris Lane, Palm Desert
$5,500,000
CV-24155855 MLS ⋅ CLOSED Status
We are proud to present an exceptional opportunity to acquire the Monta Vista Townhomes, a meticulously well kept 24-Unit multifamily property situated between Country Club Drive and Washington Street on 40235 Harris Lane in the city of Palm Desert. With each unit having its own individual parcel number, this property has ±24,360 of rentable SF and is situated on a generous ±143,312 SF lot. Property is eligible for short term rental permits and is located in the R-3 Zone. Palm Desert boasts sunshine most of the year creating consistent demand for rentals due to the steady influx of residents. 40235 Harris Lane offers a central location with convenient access to public transportation and the 10 Freeway, in addition to a variety of retail centers, high-end restaurants, shops and resorts catering to diverse needs and providing excellent entertainment options for residents. The desirable Monta Vista Townhomes feature large, open-style floor plans with upgraded fully equipped kitchens with stainless steel appliances, modern fixtures, vertical blinds, central AC/heating, washer and dryer hook-ups, private patios and a combination of stylish plank wood and carpet flooring throughout. The property boasts a combination of desert and lush landscaping with lovely mountain views, covered carport parking, laundry facilities, private dog park, tennis court and a luxury resort style pool and spa. The Monta Vista Townhomes is a stable income-producing asset in the Coachella Valley, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

40235 Harris Lane, Palm Desert

50023 Canyon View Drive, Palm Desert
$5,323,000
6 Beds ⋅ 8 Baths ⋅ 00-23341351 MLS ⋅ CLOSED Status
This work of art inspired by world travel can be your dream home. Whether you're entertaining 2 or 200 this expansive 2 lot property with more than an acre of majestic landscape lets you host in style. Entering through your private gate you are immediately transported into old world charm with this completely private walled villa. The grounds are enchanting from the serene Koi pond and water features to the 75' pool with lap lane. The 973' square foot pool pavilion with outdoor chef's kitchen has everything you need including a top of the line outdoor pizza oven. Outdoor fire pit, 2 spas, 10 hole putting green and "Wall of Water" feature keeps you exploring and captivated. Before you set foot into the home, you instantly recognize the impeccable craftsmanship and exquisite finishes. Designed by Architect Juan Carlos Ochoa and built by Paul Golden this home is built to last. Only the finest materials were selected, from the double groin-vault ceilings and archways, Venetian plaster, wood beam ceilings, custom Cantera stone pillars, arches, fountains as well as 10 hand carved Cantera stone fireplaces, and extra deep walls which provide added insulation. Italian Albertini windows and exterior doors, retractable walls of glass open to the expansive front patio to take in the stunning panoramic views. Some of the interesting and creative touches include hand carved interior Mesquite doors, custom designed Italian Sici's mosaic tiles, handmade copper soaking tub, custom iron work that includes the gates, lighting fixtures, sconces, pendants and fireplace screens. Built in 2007 this 6,290 square foot home has 6 bedrooms 6 full baths and 2 half baths, chefs kitchen (includes sub zero fridges/freezers, ice maker, LaCanche gas range, warming oven, dual dishwashers, and wine fridge) living room, formal dining room, family room and wine room. A separate guest house has 2 bedrooms and 2 full baths. The extra large 3 car + golf cart garage has a built in work area, utility room, water filtration system, central vacuum system and much more storage. Details are too many to describe, a must see to feel the peacefulness and serenity of this majestic villa.__Ironwood Country Club includes many amenities including 2 championship caliber 18-hole golf courses, tennis & pickle ball, spa, health and wellness programs. Many clubs including Wine club, The Artists of Ironwood, Mahjong, Bridge, a hiking club and more. Ironwood CC is a private club with various levels of membership but membership in the club is not required to live in Ironwood.

50023 Canyon View Drive, Palm Desert

103 Netas Drive, Palm Desert
$8,287,500
5 Beds ⋅ 7 Baths ⋅ 219107907 MLS ⋅ CLOSED Status
Welcome to your sunny destination within BIGHORN Golf Club! This home is a perfect layout, living well for just two, but can expand to accommodate friends and family. An extensive remodel in 2017 & 2018 shows timeless surfaces and designer appointments. Large master retreat includes two separate baths and private patio with access to pool and spa. Second spa off the master bath. Four additional suites, of which two are inside the main residence (one with a living room) and two are in a detached guest house with living room and morning bar. This home also includes a den/study with fireplace, custom built-in cabinetry, TV, full bath, walk-in closet and private patio (this could be a fabulous sixth bedroom suite if needed); a second office is located near the kitchen, with walls of glass and access to patios. The family room is open to the kitchen and breakfast room, with sliding glass doors to outdoor living and BBQ center. Additional amenities include a game/media room, formal dining room with wine display and buffets, and full paid solar. This location is centrally located, and is true walking distance to private member amenities, including The Marketplace & Starbucks, Dog Park, Kid's Playpark. The large covered outdoor living area faces south, and includes pool, spa, fireplace with lounge seating and TV, all with unobstructed views of BIGHORN's Mountain course 9th green and lake . Three-car plus two-cart garage. Offered furnished.

103 Netas Drive, Palm Desert

1005 Cahuilla Falls, Palm Desert
$7,600,000
4 Beds ⋅ 4 Baths ⋅ 219105683 MLS ⋅ CLOSED Status
Timeless architecture, mature landscaping, south exposure and privacy can be yours. Relax in the sun on your outdoor patio while viewing the famous 2nd hole of BIGHORN'S Canyons golf course. Floor-to-ceiling glass, high ceilings, artistic anegre woods and hand-cut stacked quartz bring warmth to all spaces of this residence. Pocketing walls of glass provide a true indoor outdoor living experience, with outdoor TV and lounge, two custom fire pit areas, pool and two spas - one close to the master suite. Four exquisite bedroom suites, of which one is a separate-entry guest house with fireplace, sitting area and morning bar. Office with views of landscaped entry courtyard and water feature. Wine room conveniently located near dining. Garage with epoxy finish floors, built-in cabinetry, power washer, sink, refrigerator and wine cooler. Fully paid solar. Offered furnished.

1005 Cahuilla Falls, Palm Desert

642 Pinnacle Crest, Palm Desert
$13,558,000
4 Beds ⋅ 4 Baths ⋅ 219102414 MLS ⋅ CLOSED Status
Exquisite is an understatement; with every detail of this property far exceeding expectations. The private hillside location coupled with the imagination of renown designer Guy Dreier resulted in a masterpiece. The private driveway takes you through a canyon of natural beauty to a home that fits right into the terrain. Entering the electronic glass door the floor to ceiling glass, pocket sliders, and picture windows are the back drop for living in this beautifully designed estate. Its sophistication and quality is quiet living at its finest. Open space and intimate areas with a custom designed fireplace as the centerpiece for the living and dining; with a touch of a button the indoor space extends seamlessly to the outdoor extended living with water falls and additional fireplaces and numerous entertaining areas. The state of the art kitchen with hydrolic lift in a granite island for hidden appliances. A master suite one can only dream about with glass windows bringing the serenity of nature into this tranquil space including a private pool to step right into, indoor and outdoor fireplace, and spa-like bathroom with onyx detail, his/her amenities including indoor and outdoor showers. Both his and her offices, a gym with a cedar sauna. 3 well-appointed guest suites including a detached casita with its own indoor and outdoor fireplace and patio. An entertaining pool provides enjoyment and enhances the outdoor living.

642 Pinnacle Crest, Palm Desert

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