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735 N Prescott Drive, Palm Springs, CA 92262

$5,990,000
Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 6,577 Lot Size (sq. ft.): 40,946 Status: Active
Current Price: $5,990,000 List Date: 1/05/2024 Last Modified: 5/02/2024

Description

MAJOR PRICE ADJUSTMENT! Experience the epitome of luxury living in this unique and meticulously restored 2-story Spanish Colonial nestled on approximately 1 acre of prime land within the highly sought-after Old Las Palmas neighborhood of Palm Springs. Originally stripped down to its core in 2001, this property has since been thoughtfully expanded by acquiring an adjacent half lot, creating a private family haven that radiates timeless elegance. No expense has been spared in the restoration of this architectural gem, evident from the moment you step inside. Every detail exudes opulence, a testament that must be witnessed firsthand to truly appreciate. With its distinctive Spanish Revival design, this home channels the spirit of a WALLACE NEFF masterpiece. This spacious 5-bedroom, 9-bathroom dwelling offers an expansive 6,577 square feet of living space, featuring not one but two master suites, three guest suites, a dedicated theater room, an inviting upstairs sitting area, and a well-appointed exercise room. Step outside, and you'll be greeted by a pristine saltwater pool, resplendent in ceramic blue tile, complete with a tanning bed and a built-in spa. The meticulously manicured grounds boast breathtaking views and house a delightful fruit orchard alongside a collection of 56 majestic palm trees. For those with a passion for automobiles, this property is a dream come true. It features 3 attached garages, plus a separate 910sf garage w/12-foot ceilings and its own driveway.

More Information MLS# 219104830

Listing, Location and Property Info

APN: 505282011 Status: Active Entry Date: 2024-01-05 Listing Date: 2023-10-03 Original List Price: 6599999 List Price: $5,990,000 Current Price: $5,990,000 Land Type: Fee Property Sub-Type: Single Family Residence Street #: 735 Street Direction: N Street Name: Prescott Street Suffix: Drive County: Riverside State: CA Zip Code: 92262 Area: 332 - Palm Springs Central Subdivision: Old Las Palmas Neighborhood: Old Las Palmas Country: US

General Property Information

Total Bedrooms: 5 3/4 Baths: 7 Half Baths: 1 Approx SqFt: 6577 Total Baths: 9 SqFt Source: Other Fireplace: Yes Total Fireplaces: 3 Pool: Yes Garage: Yes Garage Description: Detached Sprinklers: Yes Building # of Stories: 2 Lot Acres: 0.94 Lot Size: 40946 Lot Size Source: Assessor Year Built: 1936 Furnished: Furnished Cross Streets: W Merito Pl

Listing Info

Exclusions of Sale: Some artwork (Oil painting over fireplace) and personal items. Short Term Rentals: Yes Rental Restrictions: No Will Consider Lease: No School District: Palm Springs Unified Elementary School: Katherine Finchy Junior Middle School: Raymond Cree High School: Palm Springs Other Schools: Palm Valley School

Tax Info

Tax Mello Roos: No

Property Info

Golf Course Within Development: No Senior Community: No Gated Community: No PUD Y/N: No

Status Change Info

Status Change Date: 2024-01-05

Water

Water District Name: Desert Water Agency

Parking Spaces/Information

Total Covered Spaces: 6 Total Garage Spaces: 6 Total Parking Spaces: 12

HOA Information

HOA: No

DPR

DPR Eligible: No

Property Features

Sale Type: Standard Listing Terms: Cash; Cash to New Loan Possession: Negotiable Lot Description: Automatic Gate; Back Yard; Fenced; Flag Lot; Front Yard; Landscaped; Lawn; Level; Private; Street Paved; Utilities Underground; Yard Lot Location: Corner Lot View Type: Mountain(s); Panoramic; Pool Property Orientation Faces: Front Door Faces East; Leisure Faces South Other Structures: Accessory Bldgs Other Structural Features: Balcony; Custom Built Property Condition: Additions/Alterations; Updated/Remodeled Irrigation: Sprinkler System; Sprinkler Timer Fencing: Block; Privacy Disclosures: None Building Style: Mediterranean; Spanish; Spanish Colonial Levels: Two Entry Location: Foyer; Main Level Appliances: Bar Ice Maker; Dishwasher; Disposal; Dryer; Freezer; Gas Oven; Gas Range; Ice Maker; Ice Maker - Standalone; Microwave Oven; Refrigerator; Washer; Water Filter Range Hood: Yes Kitchen Features: Gourmet Kitchen; Island; Pantry; Remodeled; Stone Counters; Tile Counters Eating Areas: Breakfast Counter/Bar; Breakfast Nook; Formal Dining Room; Kitchen Island Bedroom Features: 2 Master Bedrooms; Dressing Area; Main Floor Master Bedroom; Master Retreat; Master Suite; Walk In Closet Bathroom Features: 2 Master Baths; Double Vanity(s); Linen Closet; Powder Room; Remodeled; Tile Shower Doors: Double Door Entry; French Doors Exterior Construction: Stucco Foundation: Slab Flooring: Hardwood; Spanish Tile Cooling Type: Air Conditioning; Ceiling Fan(s); Central Air; Zoned Pool Location: Private Pool Construction: In Ground; Tile Pool Description: Heated; In Ground; Private; Salt Water; Tile Spa/Hot Tub Construction: In Ground; Tile Spa/Hot Tub Description: Heated; Private Heating: Central; Fireplace(s); Forced Air Fireplace Location: Dining Room; Living Room; Master Bedroom Fireplace Features: Decorative; Gas; Gas Starter; Raised Hearth Rooms: Attic; Bar; Basement; Butler's Pantry; Dining Area; Dining Room; Formal Entry; Gym; Home Theatre; Living Room; Utility Interior Features: Bar; Basement; Beamed Ceilings; Built-In Features; Hi-Speed Data Wiring; High Ceilings (9 Ft+); Home Automation System; Intercom; Phone System; Recessed Lighting; Storage; Surround Sound Wired; Wet Bar Laundry: In Garage; Individual Room Security Safety: Automatic Gate; Security System Owned Window Treatments: Drapes; Screens Roofing: Tile Patio Features: Awning(s); Balcony; Brick - Tile; Covered Sewer: In, Connected and Paid Water: Water District Parking: Covered; Driveway; Guest; Oversized Land Lease Type: Fee Simple
Listing Office: Berkshire Hathaway HomeServices California Properties
Listing Agent: Louise Hampton
Last Updated: May - 02 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.