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5191 E Lakeside Drive, Palm Springs, CA 92264
$1,120,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,292
sqft
Built in
1965
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.
Features & Amenities
Interior
- Laundry:
- Garage
- A/C:
- Central Forced Air
- Fireplace:
- N/K
Exterior
- Pool:
- Below Ground,Private,Gunite
- Parking:
- Parking spaces: 2
Construction
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Riverside
Lot
- Zoning:
- 681233004
- View:
- Golf Course,Mountains/Hills
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Keller Williams Realty Irvine, Tian Qi
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Palm Springs, CA
Housing
- Number of Units
- 36,960
- Median Home Value
- $441,728
- Median Rent
- $1,131
34.53% of housing units are renter occupied.
29.66% are vacant.
Commute
- Car
-
48.98%
- Public Transportation
-
0.92%
- Walk to Work
-
1.21%
- Work from Home
-
47.90%
- Other
-
0.53%
The median travel time to work is 13 minutes.
People
- Population
- 48,368
- Median Age
- 52.50
- Median Household Size
- 2.13
Education
- High School
-
19.41%
- Associate’s Degree
-
7.63%
- Bachelor’s Degree
-
23.81%
- Graduate Degree
-
17.68%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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