1373 E Madero Circle, Palm Springs, CA 92262

About this single-family home

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.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,120,000

Sold July 2023 · listed $1,100,000, on market June 2023 · MLS #P1-14040 · Source: CRMLS

Listing Agent: Renee Meyer · Listing Office: COMPASS · Contact: (626) 205-4040 · Bought with: Matthew Miede · Compass

$753,000

Sold September 2021 · listed $699,000, on market August 2021 · MLS #219066488DA · Source: CRMLS

Listing Agent: Tyson Hawley · Listing Office: Desert Sotheby's International Realty · Contact: (760) 797-8000 · Bought with: Tyson Hawley · Desert Sotheby's International Realty

$430,000

Sold February 2018 · listed $439,000, orig. $469,000, on market June 2017 · MLS #217018220DA · Source: CRMLS

Listing Agent: George Azevedo · Listing Office: Azevedo and Associates · Contact: 760-251-2972 · Bought with: Dennis E. Kean · Azevedo and Associates

$414,000

Sold December 2015 · listed $419,000, orig. $439,000, on market July 2015 · MLS #15921961PS · Source: CRMLS

Listing Agent: P S Properties · Listing Office: Bennion Deville Homes · Contact: (760) 459-0057 · Bought with: Larry Isaac · Bennion Deville Homes

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