2070 E Park Drive, Palm Springs, CA 92262
Local realty services provided by:ERA Excel Realty
2070 E Park Drive,Palm Springs, CA 92262
$2,495,000
- 5 Beds
- 6 Baths
- 2,517 sq. ft.
- Single family
- Active
Listed by: mina azami, brooke pascoe
Office: compass760-350-9253
MLS#:26640151
Source:CRMLS
Price summary
- Price:$2,495,000
- Price per sq. ft.:$991.26
About this home
A RARE 5 ENSUITE BEDROOM RENTAL INVESTMENT OPPORTUNITY, 2070 Park Drive isn't just a solid income property it's a tax planning engine. Between accelerated depreciation, cost segregation potential, and suitability as a 1031 exchange replacement, sophisticated buyers can materially reduce taxable income while accruing real cash flow. Built in 2015, this mid-century inspired architectural estate is set on a gated corner lot with unobstructed Mt. San Jacinto views, delivering an exceptional blend of privacy, sophistication, & true resort-style living. Inside, polished concrete floors, soaring ceilings, and walls of Fleetwood sliding doors create a seamless indoor-outdoor flow. The expansive great room is ideal for entertaining and is anchored by a chef's kitchen featuring dual Caesarstone quartz islands, stainless steel appliances, a built-in 44-bottle wine refrigerator, and a brand-new refrigerator with an integrated auto-filling filtered water pitcher and dual gourmet ice makers. A custom kitchen island includes instant hot water and filtered cold-water faucets. The living room's beamed ceiling frames views of the quintessential mid-century breeze-block wall. All five spacious bedrooms offer private en-suite bathrooms & direct outdoor access. An attached casita-style suite with kitchenette, split A/C system, & private entrance is ideal for guests, multi-generational living, and is highly desirable for short-term rental use. Outdoors, enjoy your own private desert resort featuring a 42-foot saltwater pool with dual Baja shelves, spa, six-foot waterfall, fire pit, & multiple lounge and dining areas, all surrounded by lush desert landscaping. The property is fully enclosed by block walls with mature ficus hedges, providing exceptional privacy and sound buffering. Smart, upgraded, & energy-efficient features include double-paned windows, Nest-controlled three-zone HVAC, a Fibertite roof system, Sonos sound system, two tankless water heaters, Tesla charger, and a 10-inch tablet command center with voice control, offering one-touch scenes for lighting, music, pool/spa, and exterior ambiance. Located in one of the nation's most lucrative short-term rental markets per AirDNA, this property is DSCR-loan eligible with no personal income verification required. Fee-simple land you own it. The neighborhood remains well below the STR permit cap, making this an exceptional investment opportunity, luxury desert retreat, or both....
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Home facts
- Year built:2015
- Listing ID #:26640151
- Added:115 day(s) ago
- Updated:May 16, 2026 at 01:12 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:6
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Tile
- Kitchen Description:Dishwasher, Washer
- Living area:2,517 sq. ft.
Heating and cooling
- Heating:Fireplaces, Forced Air
Structure and exterior
- Year built:2015
- Building area:2,517 sq. ft.
- Lot area:0.22 Acres
- Exterior Features:Fire Pit
- Levels:1 Story
Finances and disclosures
- Price:$2,495,000
- Price per sq. ft.:$991.26
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, In Garage, Washer
- Amenities:Ceiling Fans, Fire Pit, Fire Sprinkler System, Gated Community
- Pool features:In Ground, Private Pool
Parking
- Total parking spaces:4
- Parking description:Concrete Driveway, Door Multi, Garage
- Garage:Yes
- Garage spaces:2
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