526 S CAMINO REAL, Palm Springs, CA 92264

About this property

This is one of the most interesting properties to come on the market in Warm Sands in some time. Once a boutique hotel and then apartments, this seven bedroom, seven bath, 4000 sq ft property has been beautifully refurbished throughout...sensitively restored to better accommodate the needs of the 21st century . What is more amazing is its potential. Situated on a 22,000 sq ft lot this property has three different APN's, and with it interesting different scenarios. We have spoken to couple of local vacation rental agencies and they seem to think you could best maximize the income by looking at it as a as a 7BD/7BA house as there are so few of them on the market. With this huge lot comes expansive views of the San Jacinto Mountains in a location that is central, close to shopping, restaurants and coffee houses.This could be your Shangri-La, all it needs now are your personal touches and an interesting vision for the future. Seller willing to carry. 50%DN, 15 yrs, 4.75% interest rate.

Listing description from the April 2016 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold April 2016 · listed $1,290,000, orig. $1,395,000, on market August 2015 · MLS #15931345PS · Source: CRMLS

Listing Agent: Gary Pisula · Listing Office: BHG Desert Lifestyle Properties · Contact: (760) 646-8886 · Bought with: Gary Pisula · BHG Desert Lifestyle Properties

$560,000

Sold July 2013 · listed $585,000, orig. $752,500, on market February 2013 · MLS #21470432DA · Source: CRMLS

Listing Agent: Jack Cretney · Listing Office: Jack Cretney & Associates · Contact: 760-219-6088 · Bought with: Out Side Agent · Out Side Broker Office

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