5191 E Lakeside Drive
Palm Springs, CA, 92264 $ 1,120,000
Bedrooms3 Baths2.0 Sq 2,292 Monthly Estimate*
$ 7,444
Listed by Keller Williams Realty Irvine
for $1,120,000 with 3 bedrooms and 2 full baths. This 2,292 square foot home was built in 1965 on a lot size of 0.25.
This unique opportunity to own and refurbish a piece of history just became even more appealing. Designed by the renowned architect Donald Wexler AIA and constructed in 1965 by the Alexander Construction Company, this project offers the chance to modernize a classic design while maintaining its original architectural intent. Notably, the current homeowner has dedicated a year to obtaining city permits for property upgrades and has successfully received final approval, with details available in the attached documentation. The spacious layout, currently featuring 3 bedrooms and 2 bathrooms, holds potential for expansion to a 4 bedroom, 3 bathroom residence with an attached private Casita. Located on the golf course in the desirable Tahquitz Creek Golf neighborhood, it boasts a lush backyard with a pool and stunning mountain views, positioned on the 3rd hole of the Legends course. The possibility to extend the yard into the golf course easement adds even more value. Additionally, being on Fee Land with no HOA fees and just minutes from downtown Palm Springs, close to shopping, dining, hiking, Pickleball, Tennis at Demuth Park, and golf, this property is ideal for those looking for a Palm Springs getaway, a permanent residence, or an investment opportunity, especially considering the area's allowance for short-term rentals. This rare find, now with the added benefit of approved upgrade permits, is an opportunity not to be missed.
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FeaturesGeneralSewer PublicSewer
Cooling CentralAir
HOA 0.0
Garage Spaces 2.0
Pool Features Gunite InGround Private
Year Built 1965
View GolfCourse Mountains
Stories 1
Levels One
Property SubType SingleFamilyResidence
Community Features Golf
County Riverside
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Contingency Inspection
Subdivision Name Tahquitz Creek Golf Course (33508)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Use your own direction.
City Palm Springs
Entry Location Front door
View Y/N Y
Senior Community Y/N N
High School District Palm Springs Unified
NumberOfUnitsTotal 1
MLS Area 334 - South End Palm Springs
Lot Size Units SquareFeet
Lot Size Square Feet 10890.0
Private Pool Y
Waterfront Y/N N
Carport Y/N N
Street Name Lakeside
Listing Terms Cash CashtoNewLoan Conventional CalVetLoan Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 74
Structure Type House
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional SingleFamilyResidence
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ExteriorLot Features BackYard FrontYard
Water Source Public
Total Parking 2.0
Lot Size Area 10890.0
Spa N
Lot Size Acres 0.25
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Full Baths 1
3/4 Baths 1
Street Suffix Drive
Laundry Features InGarage
Total Bedrooms 3
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 2
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* Excluded FeaturesList ByKeller Williams Realty IrvineBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,444
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Palm Springs, CA
Average List Price $1,502,587
Percent of Sale Price 34%
About Palm Springs, CA 46,525 Population
9% Since 2002
$ 49,313 Median Income
54.63 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
267355 Elementary School
270815 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/2/2024 | $1,120,000 | -6.67% | Price Down |
2/18/2024 | $1,200,000 | | Listed Price |