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$3,395,000

Beds
4
Baths
4.0
sq ft
3,000

611 W Leisure Way, Palm Springs, CA 92262

611 W Leisure Way

Palm Springs, CA 92262

  • 72 days on market
Discover this extraordinary 1961 Mid Century Modern post and beam masterpiece, designed by renowned architect Charles Dubois. Located in the highly sought-after Vista Las Palmas neighborhood, this vibrant property is sold turn-key furnished and ready for immediate enjoyment. Step inside this walled and gated compound to find a true oasis bursting with bold colors and striking textures that celebrate the Pop Art movement. This artistic expression in architecture, art and furnishings is ideal for vacation rentals or luxe desert living. The home features an expansive open-concept layout perfect for entertaining. The inviting communal spaces present a chic social hub flanked by two private bedroom wings, ensuring both comfort and privacy. Each of the four bedrooms boasts a unique theme inspired by fashion and collectibles, with the primary suite with walls of glass that overlooking the pool terrace with dramatic views of the mountains beyond, a large bath, walk-in closet and private outdoor seating area. Another bedroom served by a theatrical, tiled family hallway bath completes this sleeping wing. The opposite wing has a central seating and laundry area flanked by two guest bedrooms with en-suite bathrooms, each opening to the walled, terraced gardens for serene outdoor relaxation. How many vintage Mattel celebrity Barbie dolls do you see in the Barbie room? Outside, you'll find a stunning mosaic-tiled water feature framing the shimmering pool, surrounded by extensive terracing, sculptures, ample seating and a covered dining area perfect for grand dinner parties or intimate gatherings. Unwind by the fire feature or entertain at the outdoor bar, all set against a breathtaking mountain backdrop. Truly walkable to town. You own the land. With over $300,000 in unique furnishings, art, and accessories included in the sale, this home is a rare find. Don't miss your chance to own this artful paradise. Shown by appointment.

Details

Property type

Single Family Residence

Est. home value

$2,905,914

Lot size

0.26 acres

Price per sq ft

$1,132

Year built

1961

HOA

No

Price History

10/11/2024
CLAW

CLAW #24451949

Listed
$3,395,000
+24.02%
08/08/2022
CLAW

CLAW #22152887

Sold
$2,737,500
+66.01%
05/31/2019
DesertArea

DesertArea #19433134

Sold
$1,649,000

Schools & Community

Neighborhood: 

Vista Las Palmas

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$1,196,041
Asking price
$3,395,000
Closing costs (~8% of asking)
-$271,600
Est. remaining loan balance
-$1,927,359
Cash to seller
$1,196,041

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

July 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,927,359

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Gregory D Allen and Donna C Allen

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?

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Status: Active

Tomo last checked: 12/22/2024 at 5:40 PM

Listing updated: 12/04/2024 at 6:10 PM

Listed by: Richard Guelich, CalNative Real Estate Phone #: (949) 230-5875

MLS: CLAW #24451949

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