580 E Cottonwood Road, Palm Springs, CA 92262

About this property

Price reduction! Rare opportunity for a corner residential lot with stunning mountain views 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. 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. Renderings of SFR and Duplex options included in listing photos.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$330,000

Sold January 2024 · listed $365,000, orig. $375,000, on market August 2023 · MLS #OC23144119 · Source: CRMLS

Listing Agent: Edward Eyerman · Listing Office: Trusted Realty Group · Contact: 714.264.5900 · Bought with: Edward Eyerman · Trusted Realty Group

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