Active

5191 E Lakeside Drive

Palm Springs CA, 92264

$1,120,000


$488.66 per sqft

Active

3 Beds

1.75 Baths

2,292 sqft

Residential

Built in 1965

Listed by Tian Qi with Keller Williams Realty Irvine 949-861-8000

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.

OC24034066

MLS ID

February 17, 2024

Listed

May 9, 2024

Updated

Map

5191 E Lakeside Drive
Palm Springs CA, 92264

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

1.75


Laundry Description

In Garage


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Back Yard, Front Yard


Sewer

Public Sewer

School Information

School District

Palm Springs Unified

Other Property Details

Area Name

334 - South End Palm Springs


Days on Market

74


Garage

Yes


Garage Spaces

2


Parking Total

2


View

Yes


View Description

Golf Course, Mountain(s)


County

Riverside


Water Source

Public


Pool

Yes


Pool Features

Gunite, In Ground, Private


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/1/2024

Price Change

$1,120,000

-7%

Listing Contact: 949-861-8000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 3:40 PM UTC

 

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