485 W Tramview Road

Palm Springs, CA 92262

Welcome to 485 West Tramview! Nestled in the up and coming neighborhood of Desert Highland Gateway Estates, this one is a stand out. With major development happening throughout this neighborhood, 485 Tramview has huge upside. Fully remodeled from top to bottom and strong investment value. This one is perfect for both first time buyers, long or short term investors and anyone else looking for a value add property. Local short term rentals have consistently earned top dollar between $10,000 to $14,000 per month as vacation rentals, Every detail has been carefully considered, from the all-new windows and sliders to the state-of-the-art HVAC system, inviting recessed lighting, contemporary bathroom renovations, stylish modern flooring, and meticulously landscaped surroundings. The crowning jewel is the pristine new pool and spa, perfect for enjoying the desert's year-round sunshine. Nestled on just under a quarter-acre in Palm Springs' most burgeoning neighborhood, this property offers some of the most captivating views the city has to offer, including the iconic Windmill Farms. Savvy investors will be thrilled to learn that this property is projected to generate six figures annually as a full-time short-term or seasonal rental. . With its flourishing neighborhood, stunning views, exquisite finishes, and an array of desirable amenities, this property is a true turnkey vacation rental gem. Furthermore, it boasts a prime location just a stone's throw from downtown Palm Springs and boasts the rare advantage of no HOA fees or land lease, ensuring a hassle-free ownership experience. The neighborhood is currently experiencing a remarkable transformation, with numerous flips and new construction projects underway. The nearby Miralon community is also attracting significant attention, making this area a hotbed for potential growth and appreciation. Whether you're an investor aiming to maximize your return on investment or a full-time resident seeking an affordable Palm Springs haven, this property is your answer. And for added convenience, it can be sold fully furnished, making it even more enticing. Palm Springs has an illustrious history of design and architecture recognized worldwide, and this is your opportunity to become a trailblazer in this up-and-coming neighborhood, creating a home that will forever be a part of Palm Springs' storied legacy. Don't miss this chance to be a part of Palm Springs history!

This is an Active listing.

Broker Office Phone Number: 310-702-6999

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