5191 Lakeside Drive, Palm Springs

$1,120,000

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3 Beds
2 Baths
2,292 Sqft
¼ Acre
2 Garages

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.

Essential Information

MLS® #
OC24034066
Price
$1,120,000
Bedrooms
3
Bathrooms
2.00
Full Baths
1
Square Footage
2,292
Acres
0.25
Year Built
1965
Type
Residential
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
5191 Lakeside Drive
Area
334 - South End Palm Springs
City
Palm Springs
County
Riverside
Zip Code
92264
Community Features
Golf
Senior Community
N

Subdivision

Tahquitz Creek Golf Course (33508)

Amenities

Parking Spaces
2
# of Garages
2
View
Mountain(s), Golf Course
Has Pool
Yes
Pool
Gunite, In Ground, Private

Interior

Cooling
Central Air
Fireplaces
None
# of Stories
1
Stories
One

Exterior

Lot Description
Back Yard, Front Yard

School Information

District
Palm Springs Unified

Additional Information

Date Listed
February 17th, 2024
Days on Market
78

Listing Details

Agent
Tian Qi
Office
Keller Williams Realty Irvine
Property History
Price Reduced from $1,200,000 to $1,120,000

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Tian Qi - Keller Williams Realty Irvine

Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 1:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.