73135 Tumbleweed Lane
Palm Desert, CA 92260

$1,695,000

Description

This custom estate was originally built and operated as Tres Palmas, a successful Bed & Breakfast resort but has been currently enjoyed as a vacation home and no longer is operating as a B&B. Prime South Palm Desert locale, a half block from all that El Paseo (known as the Rodeo Drive of the Desert) offers including fine dining, boutique retail, & art galleries just minutes away! Turnkey furnished, this 7-bedroom/8-bath property offers 4,845 sq ft of living space on a 25,700 sq ft lot. Panoramic mountain views highlight desert living with large pool, spa & built-in barbecue. The property is zoned Downtown Edge Transition Overlay (DE-O) which legally allows for short term rentals. This area, recently designated by the City, is unique and is, at this time, the only area in Palm Desert where short term vacation rentals will be allowed in the long term future. There are many other Conditional Uses the City will allow. Please inquire further.

Details

MLS#218003226DA
Sub-TypeResale
StatusActive
Year1993
Days On Site110

Features

SQ Feet4,845
Units7
Building(s)1

Market Activity 92260

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Area Information

StateCA
CountyRiverside
CityPalm Desert
Zip Code92260
Area323 - South Palm Desert
Listing VS Median (in 92260)
Price:
$1,695,000
low | high
Med:
$340,000
100% of Average
SqFt:
4,845
low | high
Med:
1,737
100% of Average
$ / SqFt:
$350
low | high
Med:
$196
94.049602355806% of Average
On Site:
110
low | high
Med:
83
100% of Average
Listing Updated: 04/24/2019
MLS Number: 218003226DA
Listing Provided By:
Doug Fischer  of  Coldwell Banker Res. Brokerage
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.