79124 Lake Club Drive, Bermuda Dunes, California 92203, Bermuda Dunes, 92203 - 4 bed, 3 bath

79124 Lake Club Drive, Bermuda Dunes, California 92203 home-pic-0
ACTIVE$899,900
79124 Lake Club Drive, Bermuda Dunes, California 92203
4Beds
3Baths
2,040Sqft
10,890Lot
Year Built
1992
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$441
HOA
-
Days on market
-
Sold On
-
MLS number
219131097DA
Home ConditionGood
Features
Good View: Mountain(s), Peek-A-Boo
Pool
Spa
Patio
ViewMountain(s), Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,6 Pros. Rank: price - $899.9K(91th), sqft - 2040(41th), beds - 4(66th), baths - 3(50th).

The Enchanted Home of Rock 'n Royalty - A Proven Income-Producing Investment with Unmatched Character!Welcome to one of the Coachella Valley's most iconic and high-performing short-term rental opportunities--The Enchanted Home of Rock 'n Royalty. Located in the unincorporated area of Bermuda Dunes, this corner-lot gem sits at the end of a peaceful cul-de-sac with minimal traffic, beautiful mountain views, RV parking, and ample space for multiple vehicles--all key features that appeal to today's STR guests.This one-of-a-kind themed property has already earned solid gross income year-to-date, with June & July bookings already secured and transferrable to the new owner--delivering immediate, reliable cash flow. The home is being sold fully furnished and operational, making it truly turnkey from day one. Outdoors you have a huge pool, spa with beautiful mountain views, firepit, huge covered patio and with enough room to spare to add any amenities you can imagine!Inside, guests are welcomed via a red carpet entrance that sets the stage for the unforgettable experience that awaits. Walls adorned with hand-painted murals celebrating the women of Rock 'n Roll like Beyonce, Cher, Miley Cyrus, Jennifer Lopez & Britney Spears to name a few to create a visually stunning, immersive experience that generates consistent 5-star reviews and strong repeat bookings. There is simply no other property like it in the market.Beyond its existing performance, this property also offers value-add potential:✅ The basketball court can easily be converted into a highly desirable pickleball court, a top-rated amenity that appeals to a wide guest demographic.✅ An outdoor room is ready to be transformed into a game room or entertainment space, increasing future revenue and guest satisfaction. Whether you're a savvy investor looking to diversify your portfolio, capitalize on a 1031 exchange, or own one of the most memorable properties in the desert, this is your unicorn. Opportunities like this don't come around often.Schedule a private tour or request financials and performance data today.

Condition Rating
Good

Built in 1992, the property has undergone significant and recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white cabinets, quartz countertops, stainless steel appliances, and contemporary lighting. At least one bathroom boasts a modern walk-in shower with updated tiling and an LED backlit mirror. Consistent light-colored LVP flooring throughout the main areas further indicates recent updates. While the original structure is over 30 years old, these extensive renovations bring the property's condition to a 'Good' standard, making it move-in ready with modern features and minimal wear and tear in key areas.
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 = 10890, living area = 2040.
Proven Income-Producing Investment: The property is explicitly marketed as a 'Proven Income-Producing Investment' with 'solid gross income year-to-date' and secured future bookings, offering immediate and reliable cash flow for investors.
Unique Themed Experience & High Guest Satisfaction: Marketed as 'The Enchanted Home of Rock 'n Royalty,' its one-of-a-kind themed decor and immersive experience consistently generate 5-star reviews and strong repeat bookings, creating a distinct market advantage.
Turnkey Operation: The home is being sold fully furnished and operational, making it a truly turnkey investment from day one, significantly reducing setup time and costs for a new owner.
Extensive Outdoor Amenities & Value-Add Potential: Features a huge pool, spa with mountain views, firepit, and covered patio. It also offers clear value-add potential with a basketball court convertible to pickleball and an outdoor room ready for transformation into a game/entertainment space.
Desirable Location & Privacy: Situated on a corner lot at the end of a peaceful cul-de-sac with minimal traffic, offering beautiful mountain views, RV parking, and ample space for multiple vehicles, which are highly appealing to short-term rental guests.

Cons

Significant Price Discrepancy: The listing price of $899,900 is substantially higher than the estimated property value of $543,730.90 (an estimation ratio of -39%), suggesting potential overpricing relative to market comparables or a unique valuation challenge.
Niche Aesthetic Appeal: While unique, the highly specific 'Rock 'n Royalty' themed decor with hand-painted murals may limit its appeal to a broader range of potential buyers or future short-term rental guests if market tastes shift.
Age of Property & Potential for Deferred Maintenance: Built in 1992, the property is over 30 years old. While described as 'turnkey' for STR operations, the description does not detail recent major system updates (e.g., HVAC, roof, plumbing), which could imply potential for age-related maintenance or upgrade costs.

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