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5337 E Lakeside Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

5337 E Lakeside Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$1,725,000
5337 E Lakeside Drive, Palm Springs, California 92264
3Beds
3Baths
2,292Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($1,707,449.24) is $17,550.76 (1%) lower than the list price ($1,725,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2292.
Top Cons:
Age of Property (Potential for unseen maintenance): Despite significant upgrades, as a 1967 build, some underlying systems (e.g., original plumbing, certain electrical components) may still be original and could require future attention or updates not explicitly mentioned.

Compared to the nearby listings

Price:$1.73M vs avg $1.28M (+$443,000)73%
Size:2,292 sqft vs avg 2,178 sqft58%
Price/sqft:$753 vs avg $59778%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The 'open chef's kitchen' features sleek, modern cabinetry, high-end stainless steel appliances, and contemporary finishes. All three 'luxurious bathrooms' are completely updated with modern floating vanities, stylish tiling, glass-enclosed showers, and current fixtures. Furthermore, the property boasts updated HVAC, 27 solar panels, and two Tesla power walls, indicating significant investment in modern infrastructure and energy efficiency. The overall aesthetic is a well-executed mid-century modern revival, with all visible components appearing new or virtually new and meeting current quality standards.
Year Built
1967
Close
-
List price
$1.73M
Original List price
$1.73M
Price/Sqft
$753
HOA
-
Days on market
-
Sold On
-
MLS number
219139754DA
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s)
Pool
Patio
ViewGolf Course,Mountain(s)

About this home

Step into a masterpiece of mid-century modern elegance at 5337 East Lakeside Drive. This stunning home, designed in 1967 by the illustrious Donald Wexler, AIA, offers an exquisite blend of style and functionality.Spanning nearly 2,300 square feet, this residence hosts three sophisticated bedrooms and 3 luxurious bathrooms (two are ensuites). As you enter, the foyer welcomes you with the understated glamour that mid-century aficionados will adore. The open chef's kitchen, with a suite of upgraded appliances, is a culinary delight, complete with a breakfast nook ideal for morning musings over coffee.The home's interior plays a symphony of refined design, featuring a dining room perfect for hosting soirees and a media/recreation room, with an iconic Malm Fireplace, to unwind and entertain.Outdoors, an oasis awaits. The private yard, complete with a sparkling pool and custom-tiled built-in outdoor BBQ, is your personal retreat. Whether you're lounging by the pool or stargazing by the fire pit, the allure of Palm Springs' evenings will captivate you.Set on a 10,454 square foot lot, this home not only offers panoramic Tahquitz Creek Golf Course views but also stands as a testament to architectural brilliance and timeless design.Additional amenities include updated HVAC, 27 solar panels, and two Tesla power walls (those batteries are used to power the home when the sun goes down or there is a power outage; keeping appliances, HVAC etc. running).Please contact us directly for more information or to schedule a viewing of this iconic property.

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•3.0mi
4/10
Raymond Cree Middle School
Public,•6-8•4.4mi
4/10
Desert Learning Academy
Public,•K-12•2.4mi
6/10
Palm Springs High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
08/10/93
Sold
$190,000
04/15/24
Sold
$1,632,500
08/11/21
Sold
$1,395,000
01/07/04
Sold
$415,000
Condition Rating
Excellent
Despite being built in 1967, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The 'open chef's kitchen' features sleek, modern cabinetry, high-end stainless steel appliances, and contemporary finishes. All three 'luxurious bathrooms' are completely updated with modern floating vanities, stylish tiling, glass-enclosed showers, and current fixtures. Furthermore, the property boasts updated HVAC, 27 solar panels, and two Tesla power walls, indicating significant investment in modern infrastructure and energy efficiency. The overall aesthetic is a well-executed mid-century modern revival, with all visible components appearing new or virtually new and meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2292.
Architectural Significance: A masterpiece of mid-century modern elegance, designed in 1967 by the illustrious Donald Wexler, AIA, offering unique historical and aesthetic value.
Energy Efficiency & Modern Infrastructure: Equipped with updated HVAC, 27 solar panels, and two Tesla power walls, providing significant energy savings and reliable backup power, a substantial upgrade for a home of this era.
Prime Location & Panoramic Views: Situated on a generous 10,454 sq ft lot with panoramic views of the Tahquitz Creek Golf Course and surrounding mountains, enhancing its desirability and value.
Luxurious Outdoor Oasis: Features a private yard with a sparkling pool, custom-tiled built-in outdoor BBQ, and a fire pit, creating an ideal setting for relaxation and entertaining in the Palm Springs climate.
Upgraded Interior & Amenities: Boasts an open chef's kitchen with upgraded appliances, three luxurious bathrooms (two ensuites), and a media/recreation room with an iconic Malm Fireplace, offering modern comfort and style.

Cons

Age of Property (Potential for unseen maintenance): Despite significant upgrades, as a 1967 build, some underlying systems (e.g., original plumbing, certain electrical components) may still be original and could require future attention or updates not explicitly mentioned.
Niche Architectural Style: While a major strength for enthusiasts, the distinct mid-century modern aesthetic may not appeal to all potential buyers, potentially narrowing the market compared to more universally appealing designs.
Ongoing Maintenance Costs for Luxury Amenities: The extensive outdoor amenities, including a pool, custom BBQ, and fire pit, while highly desirable, will incur ongoing maintenance costs and require regular upkeep, which could be a consideration for some buyers.

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