5112 E Lakeside Drive, Palm Springs, CA 92264

$895,000 Asking Price

3 beds
2 baths
1,669  sqft
Built in 1962

LOCATION, LOCATION!POTENTIAL, POTENTIAL!A 3 bedroom 2 bathroom Mid Century Modern fixer on the market for the first time since 1962. Located on a huge 14,000 sq ft corner lot in the Tahquitz Creek Golf neighborhood with NO HOA on land that you own. Houses on this street have recently sold for up to $1.7 million so bring your contractor and your imagination! There is plenty of room to build a grand casita with spectacular west facing views of the mountains and no power lines in sight. The house has an excellent, well proportioned layout with a striking stone-stack fireplace in the living room. The same stone graces the front facade. There is a separate 2 car garage with a breeze block walkway between it and the house. The huge backyard has a well maintained, oversized rectangular pool. The Tahquitz Creek Golf neighborhood is located in the south of Palm Springs where the wind is minimal and there is only a 7% short term rental ratio. Getting an STR permit is no problem. Sold strictly as is. Viewings by appointment only.


Features & Amenities

Interior

Appliances:
Gas Water Heater
Flooring:
Tile
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Living Room,Masonry, Fireplace

Exterior

Pool:
Gunite,In Ground
Parking:
Driveway,Garage,Garage Door Opener, Parking spaces: 4

Construction

General:
1

Location

Originating MLS:
CRMLS
School District:
Palm Springs Unified
County:
Riverside

Lot

Zoning:
681231011
View:
Mountain(s), View
Fencing:
Block

Financial

Source:
CRMLS
Buyers Agent Compensation:
2.500

This listing courtesy of:
Links Real Estate, Nicholas Baker

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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