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2070 E Park Drive

Palm Springs, CA 92262
  • $2,495,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 26640151
UPDATED: 49 min ago
$2,495,000
  • 5
    BEDS
  • 0.22
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 2,517
    SQFT
  • $991
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2015
County:

School Ratings & Info

Listing Agent(s): Mina Azami of Compass (760-350-9253) and Brooke Pascoe of Compass(760-350-9253)


Description

A RARE 5 ENSUITE BEDROOM RENTAL INVESTMENT OPPORTUNITY, 2070 Park Drive isn't just a solid income property it's a tax planning engine. Between accelerated depreciation, cost segregation potential, and suitability as a 1031 exchange replacement, sophisticated buyers can materially reduce taxable income while accruing real cash flow. Built in 2015, this mid-century inspired architectural estate is set on a gated corner lot with unobstructed Mt. San Jacinto views, delivering an exceptional blend of privacy, sophistication, & true resort-style living. Inside, polished concrete floors, soaring ceilings, and walls of Fleetwood sliding doors create a seamless indoor-outdoor flow. The expansive great room is ideal for entertaining and is anchored by a chef's kitchen featuring dual Caesarstone quartz islands, stainless steel appliances, a built-in 44-bottle wine refrigerator, and a brand-new refrigerator with an integrated auto-filling filtered water pitcher and dual gourmet ice makers. A custom kitchen island includes instant hot water and filtered cold-water faucets. The living room's beamed ceiling frames views of the quintessential mid-century breeze-block wall. All five spacious bedrooms offer private en-suite bathrooms & direct outdoor access. An attached casita-style suite with kitchenette, split A/C system, & private entrance is ideal for guests, multi-generational living, and is highly desirable for short-term rental use. Outdoors, enjoy your own private desert resort featuring a 42-foot saltwater pool with dual Baja shelves, spa, six-foot waterfall, fire pit, & multiple lounge and dining areas, all surrounded by lush desert landscaping. The property is fully enclosed by block walls with mature ficus hedges, providing exceptional privacy and sound buffering. Smart, upgraded, & energy-efficient features include double-paned windows, Nest-controlled three-zone HVAC, a Fibertite roof system, Sonos sound system, two tankless water heaters, Tesla charger, and a 10-inch tablet command center with voice control, offering one-touch scenes for lighting, music, pool/spa, and exterior ambiance. Located in one of the nation's most lucrative short-term rental markets per AirDNA, this property is DSCR-loan eligible with no personal income verification required. Fee-simple land you own it. The neighborhood remains well below the STR permit cap, making this an exceptional investment opportunity, luxury desert retreat, or both.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-07T20:30:16.08. 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 SLO Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.slorealestategroup.com/homes/172319380
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2070 E Park Drive Palm Springs, CA 92262

  • Price: $2,495,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 49 min ago
  • ID#: 26640151
5
Beds
5
Baths
1
½ Baths
0.22
Acres
2,517
SQFT
$991
$/SQFT
2015
Built
Neighborhood:
Sunrise Park
County:
Riverside
Area:
332 - Central Palm Springs
Property Description
A RARE 5 ENSUITE BEDROOM RENTAL INVESTMENT OPPORTUNITY, 2070 Park Drive isn't just a solid income property it's a tax planning engine. Between accelerated depreciation, cost segregation potential, and suitability as a 1031 exchange replacement, sophisticated buyers can materially reduce taxable income while accruing real cash flow. Built in 2015, this mid-century inspired architectural estate is set on a gated corner lot with unobstructed Mt. San Jacinto views, delivering an exceptional blend of privacy, sophistication, & true resort-style living. Inside, polished concrete floors, soaring ceilings, and walls of Fleetwood sliding doors create a seamless indoor-outdoor flow. The expansive great room is ideal for entertaining and is anchored by a chef's kitchen featuring dual Caesarstone quartz islands, stainless steel appliances, a built-in 44-bottle wine refrigerator, and a brand-new refrigerator with an integrated auto-filling filtered water pitcher and dual gourmet ice makers. A custom kitchen island includes instant hot water and filtered cold-water faucets. The living room's beamed ceiling frames views of the quintessential mid-century breeze-block wall. All five spacious bedrooms offer private en-suite bathrooms & direct outdoor access. An attached casita-style suite with kitchenette, split A/C system, & private entrance is ideal for guests, multi-generational living, and is highly desirable for short-term rental use. Outdoors, enjoy your own private desert resort featuring a 42-foot saltwater pool with dual Baja shelves, spa, six-foot waterfall, fire pit, & multiple lounge and dining areas, all surrounded by lush desert landscaping. The property is fully enclosed by block walls with mature ficus hedges, providing exceptional privacy and sound buffering. Smart, upgraded, & energy-efficient features include double-paned windows, Nest-controlled three-zone HVAC, a Fibertite roof system, Sonos sound system, two tankless water heaters, Tesla charger, and a 10-inch tablet command center with voice control, offering one-touch scenes for lighting, music, pool/spa, and exterior ambiance. Located in one of the nation's most lucrative short-term rental markets per AirDNA, this property is DSCR-loan eligible with no personal income verification required. Fee-simple land you own it. The neighborhood remains well below the STR permit cap, making this an exceptional investment opportunity, luxury desert retreat, or both.
Exterior Features

Exterior Features Fire Pit Open Parking Spaces 2 Parking Features ConcreteDoor-MultiGarage Parking Total 4 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN No Sign On Property YN No Spa Features In GroundPrivate Spa YN Yes View Mountain(s) View YN Yes

Interior Features

Appliances DishwasherDryerWasher Common Walls No Common Walls Fireplace Features Living Room Fireplace YN Yes Flooring Tile Furnished Unfurnished Heating Forced AirFireplace(s) Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Community Features Gated Garage YN Yes Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Security Features Fire Sprinkler SystemGated Community Senior Community YN No Special Listing Conditions Standard Zoning R1C



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-07T20:30:16.08. 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 SLO Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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SLO Real Estate Group | Keller Williams Realty Central Coast
962 Mill Street
San Luis Obispo CA, 93401
Listing Agent(s): Mina Azami of Compass (760-350-9253) and Brooke Pascoe of Compass(760-350-9253)