1635 Palm Tree DR Active Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,743 sqft
Price per Sqft $413
Subdivision Deepwell
MLS Listing ID 25502843PS
Bedrooms 4
Full Baths 1
Half Baths 1
Three Quarter Bath 2
Construction Status Fixer
HOA Y/N No
Year Built 1956
Lot Size 0.350 Acres
Property Sub-Type Single Family Residence
Property Description
MAJOR Price Adjustment! Built in 1956, this 4 bedroom, 4 (ensuite) baths, extra large Mid-Century home is teeming with iconic Mid-Century architectural features, including Post and beam construction clerestory windows, a floating Terrazzo gas fireplace and a sunken bar. This home has an open living room, dining room and a family/TV room area. The kitchen is separate. This beautiful home sits on an oversized lot, one of the largest in Deepwell Estates, lush with sub tropical and drought resistance plants and a nest of over 30 Palm Tree types which thrive in the desert climate. Side yard boasts a citrus orchard with Meyer lemon, lemon, orange and blood orange trees. The attached Casita has a its own entrance and a kitchenette. Great for guests or for rental income. This home needs some renovation, however the roof and pool are newer and some plumbing and electrical have been addressed. This one-of-a-kind property is ready for you to make your own personal oasis in our magical desert. There are stunning panoramic views located in the heart of Deepwell Estates, sunsets and mountains can be viewed from virtually every room, including the Primary shower. Interior features include a large Primary suite with 2 huge walk in closets/dressing rooms (home is believed to have been built by a Radio City Rockette) and direct access to the pool area. There is fantastic separation of the Primary suite from the other bedrooms and the Casita. Great for those seeking privacy in a large home. The galley kitchen has a brick wall with an original built in brick oven, another mid century relic. There are 2 dining areas, including a breakfast nook with corner bench seats. The yard has many rare and exotic palm trees that are easy to maintain and documented by the Sellers. This home has Vacation Rental (STR) income potential as Deepwell Estates has an approximate 12% VR rate (subject to change, the cap rate for PS is 20%, so there is still room to begin the STR process with the City). Palm Tree is quiet, yet close to everything. Deepwell Estates is a long established and very desirable neighborhood with lots of mature trees and history, a historic and star studded neighborhood, many celebrities have called Deepwell Estates home over the years. It is a huge attraction during Modernism Week, featuring major tours. There is a wonderful, vibrant neighborhood organization known as DENO that has events throughout the year. While Palm Springs can be windy no matter where the location, Deepwell Estates is known as one of the least windy areas, surrounded by mountains on 3 sides. The owners have loved living in this home. There are approximately 3 years left on the Solar Lease, fully assumable, which has 39 panels, electricity is sold back to the Homeowner at a much lower rate then SCE. Buyer to verify all information, including but not limited to: square footage (which came from a recent Appraisal), all systems including the solar lease, schools, septic/sewer systems, alarm, vacation rental compliance, etc. Cameras are in use at the property. Please see Homeowner's statement attached.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Zoning R1C
Rooms
Other Rooms Guest House
Interior
Interior Features Breakfast Area,Separate/Formal Dining Room,Walk-In Closet(s)
Heating Central,Wall Furnace
Cooling Central Air
Fireplaces Type Gas,Living Room
Furnishings Unfurnished
Fireplace Yes
Appliance Convection Oven,Dishwasher,Disposal,Range,Range Hood
Laundry Laundry Room
Exterior
Parking Features Circular Driveway,Door-Multi,Driveway,Garage
Fence Block
Pool In Ground,Private,Tile
View Y/N Yes
View Mountain(s),Panoramic,Pool
Roof Type Foam
Porch Concrete,Open,Patio
Attached Garage Yes
Total Parking Spaces 1
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Sewer Tap Paid,Septic Type Unknown
Architectural Style Mid-Century Modern
Level or Stories One
Additional Building Guest House
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 508451005
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard