5289 E Lakeside Drive, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath

5289 E Lakeside Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$1,650,000
5289 E Lakeside Drive, Palm Springs, California 92264
4Beds
3Baths
2,108Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($1,393,785.695) is $256,214.305 (15%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Significance: Designed by iconic architect Donald Wexler, adding historical and architectural value.
Top Cons:
Year Built: Built in 1965, the property may have outdated systems or require updates to meet modern standards.

Compared to the nearby listings

Price:$1.65M vs avg $1.28M (+$368,000)70%
Size:2,108 sqft vs avg 2,172.5 sqft46%
Price/sqft:$783 vs avg $59781%

More Insights

Built in 1965 (60 years old).
Condition: The property was built in 1965 and retains many original features, including kitchen and bathroom cabinets. While the owners have updated what was needed and restored key features, the kitchen and bathrooms show their age. The appliances appear functional but are not modern. The overall condition seems maintained, but not recently renovated, placing it in the 'fair' category.
Year Built
1965
Close
-
List price
$1.65M
Original List price
$1.9M
Price/Sqft
$783
HOA
-
Days on market
-
Sold On
-
MLS number
25520409PS
Home ConditionFair
Features
Good View: Golf Course, Mountain(s)
Pool
Spa
Patio
ViewGolf Course,Mountain(s)

About this home

Stunning mid-century home in Tahquitz Creek Golf community, a hidden gem in Palm Springs! This home was designed by iconic architect Donald Wexler, built in 1965, and is one of a few left in updated yet original condition. The current owners have updated what needed to be and have lovingly restored key features. Some of the key original features are: kitchen cabinets, cabinet hardware, stove top, oven, the amazing fireplace, bathroom cabinets, the roman shower in the primary bath, the atrium off the primary shower, the covered patio, the block walls, the rock walls and the pool. In addition a detached MCM inspired ADU/casita was added that can be a guest house or income producing. The ADU is 499 sq ft in size, features a living room, bedroom, kitchenette and bath. The main home features a living room, open to the dining room via a stunning stone wall, an oversized primary bedroom with sitting area, and 2 guest bedrooms, one being used as a Den. The outdoor spaces truly typify the Palm Springs lifestyle. Large, open rear yard, pool, spa, multiple lounging areas all looking towards golf course greens and fabulous mountain views. The finishing touches are owned solar, and desert friendly landscaping. A stunning home!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-53.0mi
4/10
Raymond Cree Middle School
Public,6-84.4mi
4/10
Desert Learning Academy
Public,K-122.4mi
6/10
Palm Springs High School
Public,9-122.4mi
Condition Rating
Fair

The property was built in 1965 and retains many original features, including kitchen and bathroom cabinets. While the owners have updated what was needed and restored key features, the kitchen and bathrooms show their age. The appliances appear functional but are not modern. The overall condition seems maintained, but not recently renovated, placing it in the 'fair' category.
Pros & Cons

Pros

Architectural Significance: Designed by iconic architect Donald Wexler, adding historical and architectural value.
Original Features: Many key original mid-century modern features have been lovingly restored, appealing to enthusiasts of the era.
Detached ADU/Casita: A 499 sq ft detached ADU provides flexibility as a guest house or income-producing rental.
Outdoor Living Space: Large, open rear yard with pool, spa, and multiple lounging areas, perfect for enjoying the Palm Springs lifestyle.
Views: Offers golf course greens and fabulous mountain views.

Cons

Year Built: Built in 1965, the property may have outdated systems or require updates to meet modern standards.
Price Reduction: The property has experienced a price reduction from $1,895,000 to $1,650,000, which may indicate challenges in the market or perceived overpricing.
Limited Square Footage: The main house at 2108 sqft might be considered small for a 4-bedroom property, potentially limiting appeal to larger families.

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