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2070 E Park Dr

Palm Springs, CA 92262
  • $2,495,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 26640151
UPDATED: 49 min ago
$2,495,000
  • 5
    BEDS
  • 0.22
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 2,517
    SQFT
  • $991
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2015
County:

School Ratings & Info

Description

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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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-02-15T10:42:42.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.fasthouseshop.com/homes/172316640
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2070 E Park Dr Palm Springs, CA 92262

  • Price: $2,495,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 49 min ago
  • ID#: 26640151
5
Beds
5
Baths
1
½ Baths
0.22
Acres
2,517
SQFT
$991
$/SQFT
2015
Built
Neighborhood:
Sunrise Park
County:
Riverside
Area:
Palm Springs Central
Property Description
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.
Exterior Features

Building Type Detached Guest House Attached Levels One Lot Size Area 9583 Other Structures None Parking Garage Garage - 2 CarDriveway - Concrete Pool Description In GroundPrivate Pool YN Yes Spa PrivateIn Ground Spa YN Yes Style Architectural Total Parking 4 View Description Mountains View YN Yes

Interior Features

Common Walls Detached/No Common Walls Cooling Air ConditioningCeiling Fan Den No Dining Room No Equipment DishwasherWasherDryerCeiling FanAlarm SystemIce MakerRange/OvenBuilt-Ins Family Room No Fireplace Rooms Fire PitLiving Room Fireplaces 2 Flooring TileCement Furnished Unfurnished Heating Forced AirFireplace Laundry Garage One Quarter Baths 0 Rooms Dining AreaBreakfast BarGreat RoomGuest HouseLiving RoomPowder

Property Features

Disclosures As Is Fireplace YN Yes Hoa Yn No Land Lease Type Fee Property Sub Type Single Family Residence Sale Type Standard Security Features GatedFire Sprinklers Source Living Area Assessor Source Lot Size Area Vendor Enhanced Year Built Source Assessor Zoning R1C

Listing provided courtesy of Mina Azami DRE#01405043 of Compass: 760-350-9253.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-02-15T10:42:42.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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