
Description
This incredible property abounds of Spanish charm with architecture reminiscent of the famed La Quinta Resort and Club. This 7,162 square foot sprawling and ultra-private property is situated on 0.72acres in the La Quinta Cove. Situated on five lots and consisting of two separate dwellings (Large main home and guest home). Enjoy the hiking trails just behind the property or take a bike ride to old town. Supreme privacy and peaceful grounds. Property Highlights: Combined 8 bedroom estate, lot size 31,364sqft, 5-car garage, short term rentals permitted.Substantial investment opportunity! Current yearly tenant pays $168,000 with 3% annual increase to owner. All surplus earnings go directly to current tenant.
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8BEDS
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0.72ACRES
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8BATHS
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11/2 BATHS
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7,162SQFT
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$362$/SQFT
School Ratings & Info
Description
This incredible property abounds of Spanish charm with architecture reminiscent of the famed La Quinta Resort and Club. This 7,162 square foot sprawling and ultra-private property is situated on 0.72acres in the La Quinta Cove. Situated on five lots and consisting of two separate dwellings (Large main home and guest home). Enjoy the hiking trails just behind the property or take a bike ride to old town. Supreme privacy and peaceful grounds. Property Highlights: Combined 8 bedroom estate, lot size 31,364sqft, 5-car garage, short term rentals permitted.Substantial investment opportunity! Current yearly tenant pays $168,000 with 3% annual increase to owner. All surplus earnings go directly to current tenant.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-20T07:28:58.627. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or TeamRobinson | RE/MAX One. Licensed in the State of California, USA.