ActiveResidential · sale

72776 Joshua Tree Street

Palm Desert, CA 92260

$2,790,000

  • 5 beds
  • 4 baths
  • 3,425 sq ft
  • 0.55 acres
  • Built 1974

Listed by Tate Real Estate · MLS #219144341DA

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1974.

Garage parking

2 garage spaces listed.

Property size

0.55 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

At the end of the rainbow lies this shangrila Built by famed Hollywood producer John Conboy for his personal desert home and what a master piece of lush greenery surrounded by lighted palm trees meandering paths fruit trees with the desert mountains pouring into the backyard as if to say they approve of this desert oasis The ambience is too irresistible to ignore It pulls you to every corner of the lovely property At night the home comes alive with strategically placed lighting and hardwired music to soothe the soul Have an evening with friends in this majestic place with its very own Bocce ball court an outdoor kitchen equipped with a refrigerator large BBQ sink ice chest 6person bar and a large TVthe sounds of the fountain in the pool surrounding you Now lets step inside this custom home featuring Sentilla tile custom solid wood paneling stereo system Garden Security Gates with codes to enter yard Electric fans span over the oversized covered porch Rambling yard with views of mountains Bocce ball court with patios for viewing Enjoy sweet fruit from the Orchard of over 8 fruit trees an abundance of cabinets Large pool with water fall with an attached but separate hot tub with jets Yard provides views but total privacy Indooroutdoor living with sliders to outside Corner Lot with amazing street presence Custom made oversized front doors with custom made iron door knobs that make an instant impression Convenient garbage area right outside side door Security Alarm Air conditioned 2 car garage with abundant storage with app controlled garage door Code Pad 3 air conditioning units controlled with nest thermostats Ceiling Fans in every room 11 Foot Ceilings throughout Home Solid Wood Beams in Great Room Kitchen and Casita The large oversized Bee Hive fireplace in the living room provides a fun vibe while decorated with comfort and warmth Custom solid wood paneling throughout the home Custom solid wood shelving in primary and guest bedroom Custom iron forged door hardware throughout home Extra wide hallways lending themselves to a home art gallery Enjoy views from every room with the oversized tall windows throughout the home Custom fullsize solid wood shutters throughout the entire home Large primary suite with full bath and walkin closet with a door connecting to the back yard 2 additional bedroom suites with walkin closets with a jack and jill bathroom

THE NEIGHBORHOOD

Explore the location.

72776 Joshua Tree Street, Palm Desert, CA 92260

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1974
Full baths
3
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central,ForcedAir,Fireplaces
Flooring
Carpet,Tile
Pool
Yes
Pool features
Gunite,InGround,Private,Tile,Waterfall
Spa
No
Subdivision
Not Applicable-1
Parcel
630031007

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$11,625.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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72776 Joshua Tree Street, Palm Desert, CA 92260 · MLS #219144341DA

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More in Palm Desert.

Listing information

MLS #219144341DA · California Regional MLS

Listing brokerage: Tate Real Estate
Listing agent: Barbara Tate

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.