$688,000
Nestled in the highly sought-after South End (no wind) Demuth Park neighborhood, this charming Palm Springs home offers the perfect blend of comfort, convenience, and investment potential. Ideally positioned on a premier corner lot, the property enjoys sweeping San Jacinto Mountain views from both the front of the home and the sun-filled backyard with gorgeous bougainvillea and a sparkling pool that sets the tone for relaxed desert living. Offering a little over 1300SF, the living room is anchored by a wood burning fireplace and picture window showcasing mountain views. There are 3 beds, 2 baths plus a large game room. House can sleep 9. The kitchen is darling with retro stove and hood (the old school gas burners are the best) and includes a dutch door to the backyard, a perfect ambiance to entertain guests! The property is being offered fully furnished, creating an effortless opportunity for immediate enjoyment or income production. Demuth Park is still under cap requirement for STR! Thoughtfully maintained and improved, the property includes a newer roof, new water heater, newer HVAC & water heater, updated electrical and plumbing, full irrigation, new 100ft of high privacy hedging and an upgraded heated pool with new pump, filter, and heater. Just 7 minutes to Palm Canyon Drive and all the cool hotels (The Parker, The Ace) celebrated dining, shopping, and premier golf, the location is unbeatable. 2 minutes from Palm Springs International Airport Across. Across the street is the coveted Tahquitz Creek / Demuth Park offering expansive green space, gorgeous views, pickle ball courts, dog parks, sports fields, playgrounds, and access to the CV Link, connecting you across the Coachella Valley for biking, walking, and recreation. This home has had a proven history of strong Airbnb revenue and is located in an area without a short-term rental permit cap presenting a rare investment opportunity in one of Palm Springs' most desirable neighborhoods. Seller intends to complete a 1031 exchange at no cost to buyer. Buyer to cooperate with seller's exchange. Property is occupied. Do not disturb. Shown by appt ONLY. No sign on property.
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Listed by Gia Casty with Compass (323) 593-6999
Property Type
Single Family Residence
Status
Active
MLS Number
26668079
Year Built
1946
Lot Size
6,098 sq ft