tomo logo

$4,995,000

Beds
5
Baths
6.5
sq ft
6,375

500 W Stevens Rd, Palm Springs, CA 92262

500 W Stevens Rd

Palm Springs, CA 92262

  • 33 days on market
This lucrative, income-generating short-term rental also offers the ideal opportunity for those looking to customize a remodel on a premier estate. Located on 1.15 acres and framed by sensational mountain vistas, 500 W Stevens offers resort-style living on a gated street-to-street lot in the exclusive Old Las Palmas neighborhood. The property boasts five bedrooms and seven bathrooms across more than 6,300 square feet, each with direct outdoor access to the meticulously manicured grounds. Upon entry into the main foyer, one is greeted into the large open-concept living space paired with numerous sets of double doors that effortlessly connect the indoor and outdoor spaces. Adjacent, find the large kitchen with breakfast bar, dining room with outdoor access, living room bar and office space with custom built-in cabinetry, all directly integrated through a thoughtfully designed layout.The primary suite presents two outdoor access points, a focal fireplace and a generously sized primary bath featuring dual vanities, a large shower, a jetted tub, a dry sauna, and an oversized closet. The additional main house bedrooms, all generously sized and paired with ensuite bathrooms, offer added convenience for family members and guests. Entering outdoors, find a multitude of resort-style amenities, epitomizing premium Palm Springs living. Ample covered terrace space lines the rear exterior of the home designed with an outdoor kitchen, dining space, multiple seating areas, and a separate spaall complemented by the large pool and tennis court with direct driveway access.In addition to the main house and double car garage, the property also features a one-bedroom, one-bathroom guest house with a private kitchen and living area offering supplemental accommodations for guests or staff. 500 W Stevens presents refined living coupled with premium resort-style amenities embodying the authentic Palm Springs lifestyle.

Details

Property type

Single Family Residence

Est. home value

$5,930,309

Lot size

1.15 acres

Price per sq ft

$784

Year built

1991

HOA

No

Price History

10/13/2024
CLAW

CLAW #24452325

Listed
$4,995,000
-7.41%
04/14/2024
CLAW

CLAW #23299947

Removed
$5,395,000
02/23/2024
CLAW

CLAW #23299947

Price change
$5,395,000
-10.01%

Schools & Community

Neighborhood: 

Vista Las Palmas

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

March 2022

Original loan amount

$2,350,000

Est. remaining balance

Not provided

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Casa Jondal Investment Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

CLAW
$5,650,000
4 bd
|
4.5 ba
|
3,547 sq ft
|
House

776 N Mission Rd, Palm Springs, CA 92262

Price drop
CRMLS
$4,750,000
4 bd
|
2.5 ba
|
4,368 sq ft
|
House

466 Camino Sur, Palm Springs, CA 92262

CLAW
$4,290,000
3 bd
|
3 ba
|
3,146 sq ft
|
House

429 Camino Sur, Palm Springs, CA 92262

Status: Active

Tomo last checked: 11/15/2024 at 8:25 PM

Listing updated: 10/31/2024 at 2:10 PM

Listed by: Matthew Coffer, Compass Phone #: (310) 652-6285

MLS: CLAW #24452325

CLAW logo

Recently listed in Palm Springs