Discover the epitome of Palm Springs living in this meticulously upgraded midcentury modern home, nestled within the Desert Highland community. Recently remodeled and impeccably maintained, this residence offers both luxurious comfort and exceptional income potential.
Upon entering through the large, high-quality motorized wooden gate, you are welcomed by the serene ambiance of palm trees lining the driveway. The exterior boasts a mature ficus hedge that wraps the property, ensuring privacy and seclusion.
Inside, the home exudes modern elegance with quartz countertops, stainless steel appliances, and a seamless flow from the gourmet kitchen to the open living and dining areas. Large windows frame breathtaking views of the surrounding San Jacinto mountains, creating a stunning backdrop for everyday living and entertaining.
This property presents a unique opportunity for income generation, approved for Airbnb rentals and positioned comfortably within the city’s rental cap in the Desert Highland/Gateway community. In 2023, it generated impressive gross rental receipts totaling over $122,000, underscoring its attractiveness as a vacation rental investment.
Valued at $800,000 during a recent refinance appraisal in January, this home represents not only a wise financial investment but also a haven for those seeking the quintessential Palm Springs lifestyle. With its prime location, modern amenities, and potential for lucrative rental income, this residence is poised to fulfill both personal enjoyment and financial goals.
Don’t miss your chance to own a piece of Palm Springs paradise – schedule a showing today and envision the limitless possibilities offered by this exceptional midcentury modern gem.
Lechavarria@onthegorealestate.com