ActiveResidential · sale

1109 E Mesquite Avenue

Palm Springs, CA 92264

$1,999,999

  • 4 beds
  • 6 baths
  • 4,007 sq ft
  • 0.48 acres
  • Built 1957

Listed by Keller Williams Luxury Homes · MLS #26654123PS

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1957.

Garage parking

4 garage spaces listed.

Property size

0.48 acres listed.

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

THE PROPERTY

Get to know the property.

4BD45BA POTENTIAL 5BD HISTORIC DEEPWELL ESTATE on FEE SIMPLE LAND Representing a rare UNICORN OPPORTUNITY in SOUTH PALM SPRINGS 1109 E Mesquite spans a massive 20909 SF PREMIER LOT in the prestigious DEEPWELL enclave This 1957 MIDCENTURY MODERN pedigree blends expansive INTERIOR square footage with a FULLY DETACHED GUEST HOUSE offering a PRIME canvas in a neighborhood where sales consistently reach the MULTIMILLIONDOLLAR mark The main residence is designed for the ultimate INDOOROUTDOOR LIFESTYLE anchored by an OPENCONCEPT kitchen and living room with a dramatic DOUBLESIDED FIREPLACE opening directly to the SOUTHFACING POOL and sweeping MOUNTAIN VIEWS The PRIMARY RETREAT features direct SEAMLESS ACCESS to the pool and backyard serving as a private sanctuary with a personal lounge DEDICATED HOME OFFICE and SPAINSPIRED BATH The FLEX SPACE this cavernous bedroom with PRIVATE STREET ACCESS and an adjacent bath is ideal for a highend studio home gym or NEXTGEN GUEST SUITE and can easily be CONVERTED INTO 2 BEDROOMS On the opposite wing find an additional GUEST SUITE with DIRECT POOL ACCESS and a full bath that doubles as a convenient POOL BATH with its own EXTERIOR ENTRANCE The DETACHED GUEST RESIDENCE CASITA is a 1960s GLAMOUR time capsule featuring a PRIVATE ENTRANCE DEDICATED DRIVEWAY livingdining area kitchen and bedroom with MOUNTAIN VIEWS A separate laundry closet ensures this AUTONOMOUS space offers the POTENTIAL to become an ULTRALUXURY CASITA for MAXIMUM PASSIVE INCOME The oversized RESORTSTYLE OUTDOOR OASIS features a PREMIUM SOUTHFACING orientation for MAXIMUM WINTER SUN framed by INSPIRING MOUNTAIN VIEWS the iconic KIDNEYSHAPED MIDCENTURY MODERN POOL and mature palms offering PRIME VERSATILE SPACE to CURATE BESPOKE OUTDOOR LIVING with the POTENTIAL for a PROFESSIONAL OUTDOOR KITCHEN AL FRESCO DINING and PRIVATE POOL CABANAS Rare for the area this property boasts TWO SEPARATE 2CAR GARAGES 4 covered spaces plus a dedicated RV DRIVEWAY and a SECOND PRIVATE DRIVEWAY ensuring the CASITA is completely INDEPENDENT An EXPANSIVE PRIVATE FRONT YARD offers a sprawling secondary lawn with immense potential for a SECURE GATED COURTYARD or lush desert garden Own a piece of HOLLYWOOD GOLDEN AGE history near KOFFI SOUTH and the ACE HOTEL in a neighborhood curated by ARCHITECTURAL LEGENDS like WEXLER and KAPTUR and celebrities such as WILLIAM HOLDEN and LORETTA YOUNG As a cornerstone of MODERNISM WEEK DEEPWELL remains the GOLD STANDARD of PALM SPRINGS living and it is currently under the 20 NEIGHBORHOOD STR CAP Buyer to verify local STR ORDINANCES

THE NEIGHBORHOOD

Explore the location.

1109 E Mesquite Avenue, Palm Springs, CA 92264

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1957
Full baths
4
Half baths
1
Garage spaces
4
Cooling
CentralAir,Dual,HeatPump
Heating
Central,ForcedAir,Fireplaces
Appliances
Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,RangeHood,Dryer,Washer
Flooring
Carpet,Tile
Fencing
WroughtIron
Pool
Yes
Pool features
Fenced,InGround,Private
Spa
No
Subdivision
Deepwell
Zoning
R1C
Parcel
508380001

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$8,333.33
Cap rate

Annual operating income:

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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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1109 E Mesquite Avenue, Palm Springs, CA 92264 · MLS #26654123PS

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Listing information

MLS #26654123PS · California Regional MLS

Listing brokerage: Keller Williams Luxury Homes
Listing agent: Leonardo Montenegro

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.