tomo logo

$1,120,000

Beds
3
Baths
1.75
sq ft
2,292

5191 E Lakeside Dr, Palm Springs, CA 92264

5191 E Lakeside Dr

Palm Springs, CA 92264

  • 137 days on market
    • Price drop $80,000↓
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.

Details

Property type

Single Family Residence

Lot size

0.25 acres

Price per sq ft

$489

Year built

1965

Price History

05/01/2024
CRMLS

CRMLS #OC24034066

Price change
$1,120,000
-6.67%
02/17/2024
CRMLS

CRMLS #OC24034066

Listed
$1,200,000
+13.21%
02/21/2023
DesertArea

DesertArea #219089955

Sold
$1,060,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

High school district: 

Palm Springs Unified

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Status: Active

Tomo last checked: 07/03/2024 at 7:15 AM

Listing updated: 05/01/2024 at 3:30 PM

Listed by: Tian Qi, Keller Williams Realty Irvine Phone #: (949) 861-8000

MLS: CRMLS #OC24034066

CRMLS logo

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