Stunning 8+ acre 10,506 sq ft estate with hangars priced BELOW appraised value!!

79135 Avenue 41, Bermuda Dunes, CA 92203

$6,000,000 After Repair Value -
$3,950,000 Asking Price -
$0 Cost of Repairs =
$2,050,000 Potential Profit

Property Details

Asking Price $3,950,000

After Repair Value $6,000,000

Costs of Repairs $0

Potential Profit $2,050,000

Living Area 10509 ft2

Property Type Single Family House

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $150,000

Yearly Expenses $35,000

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

Magnificent private, elegant, spacious estate for sale by owner. Currently generating $180K annual income as a part-time weekend and holiday rental, a Coachella Festival celebrity hot-spot. Offered at BELOW appraised value. The gorgeous single-story estate is situated in Bermuda Dunes, California, near Palm Springs and in Coachella Valley on 8.11 manicured acres of property with stocked Fishing Lake, approx. 17,000 Sq-Ft under roof, 10,506 Sq-Ft Home, with immediate access to Bermuda Dunes Airport (which is 5000\' long and accepts up to G4\'s). Fly in and taxi directly to your property and into one of two attached hangar. This estate boasts spacious bedrooms including a Casita, large formal living room with fireplace, two formal dining rooms with fireplace, huge family room with 6 Seat Bar, very large master suite with 2 person Jacuzzi fit for a king with 2 Laundry rooms and one additional large master suite, with Jacuzzi. Gourmet kitchen with built-in double ovens, 2 microwaves, 2 warming trays, 2 compactors and 2 dishwashers. Great for entertaining. with large covered and uncovered patio directly off the kitchen. Walk-in pantry, breakfast area & two dining rooms. Loft with small room overlooks den, dining room, entry and living room. Game room resort Style 75 Ft x 12\' deep pool and spa, gigantic swing set and play area with tether ball, horse shoes, and balance beam for children, RV Parking with 50 amp service and dump. There are two access roads to the property including large vehicles. Concrete pad for additional Motor home, tour bus or helicopter landing.Must see in person! YouTube video: - can be subdivided into 3 parcels. Airport ID: KUDDNOTE TO REALTORS & BROKERS: We are not interested in listing or in auctions, please do not contact us.

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