tomo logo

$1,250,000

Beds
4
Baths
4.0
sq ft
2,314

722 E Chuckwalla Rd, Palm Springs, CA 92262

722 E Chuckwalla Rd

Palm Springs, CA 92262

  • Pending
    • Price drop $20,000↓
This midcentury modern masterpiece is not just a home, but a complete lifestyle package. Offered turnkey, it comes with everything you need for immediate occupancy or rental. From plush towels to brand new mattresses and bedding, every element has been thoughtfully selected for comfort and style. The home also includes an array of art, furniture, and all essential living comforts down to the smallest detail, ensuring it's perfectly equipped for either a permanent residence or a lucrative short-term rental opportunity. The home was professionally designed and is successful short term rental. The organized neighborhood for short term rental is the RA#5 NOT Elmirador. MEANING IT HAS NOT MET THE str 20% cap! Step inside to find a sprawling layout bathed in natural light, highlighting the luxurious updates throughout. The 36" white, Spanish porcelain tile adds to the open, airy feel of this masterfully designed residence. The sleek kitchen, with new stainless appliances and a stunning quartz waterfall island, is perfect for entertaining guests. The main house features four bedrooms and four fully renovated bathrooms. Three of these spacious bedrooms offer ensuite facilities, each with large floating vanities, modern shower tiles, dual vanities, walk-in showers, and LED-lighted vanity mirrors. Outside, the private yard is a landscaped zen paradise, naturally walled with mature ficus and surrounded by mature Frisia trees for ample shade. Relax in the sun by the pool or unwind in the built-in spa, all set against a captivating mountain backdrop. The home is in the perfect location situated adjacent to Movie Colony and mere blocks from downtown Palm Springs, you have easy access to fine dining, shopping, and entertainment. This prime location offers the best of Palm Springs living. Investment Ready:Short-term rental eligible and located in central Palm Springs, in the prized and historic El Mirador neighborhood. Walkable to downtown Palm Springs, Ruth Hardy Park, and the Wellness Park, this property is a smart investment. The home has new appliances, a new roof, and all necessary building permits were pulled from the owner's recent renovation and remodel. This home is being sold turnkey and ready for the new owner! Whether as a primary residence, a vacation home, or a short-term rental property, this turnkey home is ready to fulfill your Palm Springs dream. Experience luxury, comfort, and convenience in this beautifully furnished, turnkey mid-century modern masterpiece. This is not just a home, but a destination for relaxation and enjoyment, perfect for a vacation-like experience every day. Bonus features, on top of all the above bonus features new roof and EV charger for car hooked up in the garage.

Details

Property type

Single Family Residence

Est. home value

$1,751,487

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

$541

Year built

1972

HOA

No

Price History

11/09/2024
CLAW

CLAW #24409635

Pending
$1,250,000
09/05/2024
CLAW

CLAW #24409635

Price change
$1,250,000
-1.57%
08/08/2024
CLAW

CLAW #24409635

Price change
$1,270,000
-2.31%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Lima One Capital Llc

Loan start date

June 2023

Original loan amount

$1,180,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Commercial, 2 year

Seller

Chuckwalla 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?

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Status: Pending/Under Contract

Tomo last checked: 11/13/2024 at 7:30 PM

Listing updated: 11/08/2024 at 7:40 PM

Listed by: Christine Binge, Curb Realty Phone #: (888) 279-4230

MLS: CLAW #24409635

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