ActiveResidential · sale

357 Westlake Terrace

Palm Springs, CA 92264

$1,795,000

  • 3 beds
  • 3 baths
  • 2,498 sq ft
  • 0.08 acres
  • Built 1970

Listed by Equity Union · MLS #219149881PS

357 Westlake Terrace, Palm Springs, CA 92264 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1970.

Garage parking

1 garage spaces listed.

Property size

0.08 acres listed.

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

THE PROPERTY

Get to know the property.

Home of actress Madchen Amick this exceptional 3bedroom 3bath residence is perched above the 10th and 11th fairways with sweeping views of the prestigious Southridge Estates and offers one of the largest and most desirable floor plans in Seven Lakes Golf Country Club Renowned for her collaborations with director David Lynch in Twin Peaks as well as memorable roles in Riverdale Stephen Kings Sleepwalkers Dawsons Creek and American Horror Story Amicks residence seamlessly blends iconic midcentury modern architecture with refined Hollywood contemporary designThe home welcomes you with a dramatic living room anchored by a bespoke fireplace and opening to a private handmade terrazzotiled leisure terrace overlooking lush fairwaysThe Europeaninspired kitchen features quartz countertops a striated tile backsplash and premium SubZero Wolf and Cove appliances complemented by a sunlit dining areaThe expanded floor plan includes a custom bar and a striking media lounge accented by a Japanese Yakisugi wood feature wall The private bedroom wing is anchored by a serene primary suite with custom jute carpeting and a spainspired bath finished in Italian white marble featuring a rain shower and Victoria Albert soaking tub A secondary bedroom with a Murphy bed offers versatile living as a guest suite den or home office The third bedroom currently used as a fitness area includes its own private bathThoughtful upgrades include owned solar EV charging dualpane Fleetwood sliders a Trane twostage HVAC system updated roof and electrical wholehouse water filtration with deionization and a tankless water heater A private garage completes the homeDesigned by renowned architect Richard Harrison this villa is moments from William Codys iconic clubhouse where residents enjoy fine dining an active social calendar the signature fountain and Ted Robinsons championship 18hole golf course Set within Seven Lakes 24hour guardgated community it offers an effortless lockandleave lifestyle equally suited as a fulltime residence or desert retreat
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THE NEIGHBORHOOD

Explore the location.

357 Westlake Terrace, Palm Springs, CA 92264

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1970
Full baths
3
Half baths
0
Garage spaces
1
Cooling
CentralAir
Heating
Central,Fireplaces
Appliances
ConvectionOven,Dishwasher,ElectricCooktop,Disposal,IceMaker,Microwave,Refrigerator,WaterPurifier
Flooring
Carpet,Tile
Utilities
CableAvailable
Fencing
Block
Pool
No
Spa
No
Subdivision
Seven Lakes C.C.
Parcel
681040001
HOA amenities
Clubhouse,ControlledAccess,GolfCourse,MaintenanceGrounds,LakeOrPond,Management,MeetingBanquetPartyRoom,Barbecue,PetRestrictions,TennisCourts,Trash
HOA fee frequency
Monthly
HOA fee
$1,704.00

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$7,479.17
Cap rate—

Annual operating income: —

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

Adjust assumptions
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 & interest—Loan 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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357 Westlake Terrace, Palm Springs, CA 92264 · MLS #219149881PS

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Listing information

MLS #219149881PS · California Regional MLS

Listing brokerage: Equity Union
Listing agent: Richie Usher

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.