ActiveResidential · sale

501 N Belardo Road

Palm Springs, CA 92262

$7,850,000

  • 5 beds
  • 7 baths
  • 8,012 sq ft
  • 0.52 acres
  • Built 1930

Listed by Keller Williams Luxury Homes · MLS #26832483PS

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The formal living room features vaulted truss and beamed ceilings, Spanish tile flooring, a fireplace, and steel-framed glass doors that open to expansive brick terraces.

Details worth a look

Among the home's most memorable spaces is the billiard room, distinguished by a dramatic barrel-vaulted ceiling, clerestory windows, a fireplace adorned with a cast sandstone frieze, and direct access to the namesake cloister courtyard framed by magnificent mountain views.

Year built

Built in 1930.

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

THE PROPERTY

Get to know the property.

Hidden behind walls and gates in Old Las Palmas, The Cloisters, known to many as Casa de Liberace, stands among the most celebrated residential estates in Palm Springs. Built in 1930 by Alvah Hicks, whose work helped shape the city during its formative years, this extraordinary Spanish Colonial Revival residence spans more than 8,000 square feet and unfolds through a series of courtyards, gardens, fountains, and architectural spaces rich with character and history. Extensively renovated and carefully stewarded over the years, the estate preserves the craftsmanship and authenticity that define its legacy while embracing the expectations of modern luxury living. Public rooms are extraordinary in both scale and craftsmanship, with original details carefully preserved throughout the estate, including Hispano-Moresque tilework, vintage mirrors, decorative ironwork, and architectural elements rarely found today. The formal living room features vaulted truss and beamed ceilings, Spanish tile flooring, a fireplace, and steel-framed glass doors that open to expansive brick terraces. The formal dining room continues the home's rich architectural character and provides an elegant setting for entertaining. The family room showcases massive hand-hewn beams, a second fireplace, and direct access to the surrounding grounds. A gracious loggia overlooks the gardens, outdoor fireplace, and gathering spaces beyond. The gourmet kitchen honors the home's architectural heritage with soapstone counters, rich mahogany finishes, and a handsome butler's pantry. A dramatic gallery lined with ensuite guest rooms creates both architectural interest and exceptional privacy throughout the estate. Among the home's most memorable spaces is the billiard room, distinguished by a dramatic barrel-vaulted ceiling, clerestory windows, a fireplace adorned with a cast sandstone frieze, and direct access to the namesake cloister courtyard framed by magnificent mountain views. Nearby, a richly detailed den provides a quiet retreat. Privately situated within its own wing, the primary suite is reached through a dedicated vestibule and features ornate wood ceilings, generous proportions, and baths that continue the home's remarkable collection of period tilework and original details. Additional guest accommodations open directly to the pool courtyard. The resort-style pool and spa enjoy a spectacular orientation and dramatic mountain backdrop. Entertaining is effortless with a poolside kitchen, bar seating, pass-through service window, and a substantial outdoor fireplace anchoring the gathering spaces. Adding to the home's lore is a hidden bar reminiscent of a 1920s speakeasy. An exterior stairway leads to a second-story viewing deck offering sweeping 360-degree views of the surrounding mountains and desert landscape. The estate also enjoys a remarkable setting adjacent to O'Donnell Golf Club and just one block west of Palm Canyon Drive. Rich in history and impossible to replicate, The Cloisters represents a rare opportunity to become the next steward of one of Palm Springs' most significant residential estates.

THE NEIGHBORHOOD

Explore the location.

501 N Belardo Road, Palm Springs, CA 92262

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1930
Full baths
6
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
Central,ForcedAir,Fireplaces,NaturalGas,Zoned
Appliances
Barbecue,Dishwasher,Disposal,GasRange,Microwave,Oven,Refrigerator,RangeHood,Dryer,Washer
Flooring
Tile,Wood
Fencing
StuccoWall
Pool
Yes
Pool features
Filtered,Gunite,Heated,InGround,Private,Tile
Spa
Yes
Subdivision
Old Las Palmas
Zoning
R1A
Parcel
505323001

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$32,708.33
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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501 N Belardo Road, Palm Springs, CA 92262 · MLS #26832483PS

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Listing information

MLS #26832483PS · California Regional MLS

Listing brokerage: Keller Williams Luxury Homes
Listing agent: Brady Sandahl

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.