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Sold
$1,120,000
Sold On 2023-07-31
Image Number 1 for 1373  E Madero CIR in PALM SPRINGS

Overview

MLS # P1-14040PF
Listed on 2023-06-19
Status Sold
Price $1,100,000
Type Residential
Subtype Single Family Residence
Size of home 1,392 sq ft
Beds / Baths 3 / 2.00
Size of lot 8,583 sq ft
Location address 1373 E Madero CIR
PALM SPRINGS 92262

Description


Welcome to your dream oasis in the heart of Palm Springs! This stunning 3-bedroom, 2-bathroom house is situated in the desirable North Palm Springs neighborhood, just south of Racquet Club and less than a mile away from the vibrant Palm Canyon. Nestled on a quiet cul-de-sac, this property offers privacy and tranquility, perfect for those seeking a peaceful retreat. In addition to its upgrades and renovations, this home is equipped with owned solar panels, harnessing the abundant Palm Springs sunshine to power your household. Enjoy the benefits of reduced energy costs and a more sustainable lifestyle. A notable feature of this property is the detached casita, which has the potential to be converted into an Accessory Dwelling Unit (ADU). Whether you envision it as a guest suite, home office, mediation room or rental unit, this versatile space adds immense value and flexibility to the property. This home also presents a fantastic investment opportunity. Currently operating as an active vacation rental, it enjoys high demand and a strong rental history. For those interested, the furnishings can be negotiated separately, allowing for a seamless transition into the vacation rental market. Located in Palm Springs, a city known for its vibrant lifestyle, residents and visitors can enjoy an array of recreational activities, exceptional dining options, boutique shopping, and world-class entertainment. Whether you prefer lounging by the pool, exploring nearby hiking trails, or immersing yourself in the city's cultural scene, this location offers something for everyone. Don't miss your chance to own this exceptional Palm Springs residence. With its prime location, extensive renovations, and income-generating potential, this house is an incredible opportunity for those seeking a stylish and profitable investment.

General Information

Original List Price $1,100,000
Price Per Sq/Ft $790
Furnished No
Land Type Fee
Land Lease Expires N/A
Community Features Sidewalks
Pool Yes
Pool Description Heated, In Ground, Private
Spa Yes
Spa Description None
Year Built 1974
Appliances Range
Laundry Garage
Fireplace No
Heating Type Central
Cooling Type Central
Parking Spaces 8
Parking Type Direct Entrance, Driveway, Garage, Garage - 1 Car, Private

Courtesy of: Renee Meyer / COMPASS

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