$340,000
$369,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
580 Cottonwood RD Palm Springs, CA 92262
10,454 Sqft Lot
Key Details
Sold Price $340,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Movie Colony
MLS Listing ID 219076388DA
Sold Date 07/22/22
HOA Y/N Yes
Lot Size 10,454 Sqft
Property Description
One of the only residential lots available in Central Palm Springs and no HOA. This is a rare opportunity to purchase an R2 corner lot in the desirable Movie Colony area with final plans for a 4 bedroom/5 bath 2,948 sq ft modern home. Zoned for single or multi-family use, this cleared, corner lot is minutes from Downtown & features panoramic mountain views. Build the desert home of your dreams, investment property for short-term rentals, or diversify your portfolio & generate steady, long-term rental income with three (3) separate units. Possible 4th unit with City approval.Included with the purchase is a custom plan set by local design firm, AMPARO, for a stunning, midcentury modern home, featuring L-shaped layout & roof deck tailored to maximize the mountain views. Designed for a true entertaining home, plan features dramatic entry with courtyard atrium & floor-to-ceiling windows providing a see-through view out to the pool with mountain backdrop. All bedrooms are en suite with private baths & midcentury breeze block patios. The luxurious main suite opens to a private courtyard with outdoor shower. Other features include open kitchen, separate prep kitchen, media room/lounge, built-in bar, fireplace & wall of glass sliders opening to pool & mountain views. Seller can provide design/build contacts. Owner agent.
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Zoning R-2
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Corner Lot, Level
Others
Senior Community No
Tax ID 507022007
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Dawn Horine • Premier Realty Associates