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Palm Springs, CA 92262,1440 Amelia WAY
Palm Springs, CA 92262,1440 Amelia WAY
Palm Springs, CA 92262,1440 Amelia WAY
$1,400,000
Est. payment /mo
$1,400,000
Est.Price: ?

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5 Beds
4 Baths
3,042 SqFt
SOLD DATE : 01/19/2024

Key Details

Sold Price $1,400,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,042 sqft

Price per Sqft $460

Subdivision Ps Colony

MLS Listing ID 219104798DA

Bedrooms 5

Full Baths 3

Year Built 2004

Lot Size 10,454 Sqft

Property Description

''The Palm Springs Home'' - Where ART Comes to LIFE! As the door opens to this MAGICAL home, you begin to create memories you will cherish for a LIFETIME! You'll pass by ORIGINAL painted, life-size images of Marilyn Monroe, Frank Sinatra, Elvis, Elizabeth Taylor and a hand-painted Tramway wall as it soars through the mountain sunshine encompassing what Palm Springs is all about. This home was magically put together by the best property managers/interior decorators Palm Springs has to offer. No expense was spared or corner was left untouched as the home was being transformed into being the most spectacular vacation rental in the city. If you're a savvy investor looking for a killer opportunity to buy into the short term rental market in the city; than look no further. This property has the potential to generate over $180,000 in rental income in the first year of business and only build up your income from there year after year. This one of a kind home has custom art throughout the walls and also custom artwork in most rooms. The colors are vibrant and the home feels like you're in an animation with lively characters in each room. This home has five bedrooms, three full baths and a quarter bath. Two of the bedrooms are en-suites and there's also an attached casita which the new owner can occupy as a primary residence so they can book the main residence unlimited times throughout the year. The U shaped home is built around the pool with multiple windows and sliders looking out

Location

State CA

County Riverside

Area 331 - North End Palm Springs

Interior

Heating Central, Fireplace(s), Natural Gas

Flooring Carpet, Tile

Fireplaces Type Gas, Great Room, See Remarks

Exterior

Parking Features Direct Access, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool Electric Heat, In Ground, Salt Water

View Y/N No

Building

Lot Description Sprinkler System

Story 1

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Colin • HomeSmart
Bought with Chase Hoyt • Compass
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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