3 months on rocket

Sale Pending

5240 E Lakeside Dr, Palm Springs, CA, 92264

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
3,200 SqFt
$359/SqFt
House
Schools Nearby

Location

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5240 E Lakeside Dr, Palm Springs$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1965
HeatingCentral
CoolingCentral Air
FireplaceGas, Primary Bedroom
ViewGolf Course, Mountain(s), Pool
Private PoolYes
MLS #219105983PS
Lot Size0.24 Acres
StatusSale Pending
(Pending)

About 5240 E Lakeside Dr

FIXER! Probate Sale. Sold ''As-Is'' in current condition. Owned Solar. Expansive 1965 Alexander Built Mid-Century with Big Views front and back offers approximately 3,200 SqFt including 3BR/2BA plus a Media Room or Bedroom #4 with remote control shades and office alcove. Prime South Palm Springs location situated on the golf course in the quiet pocket neighborhood of Tahquitz Creek Golf. There is tremendous potential here for a mid-century modern enthusiast looking to create their very own Palm Springs showcase home. Your journey begins with some of the big-ticket items already in place. Low maintenance artificial front lawn turf enhancing the curb appeal and quintessential Mid-Century architecture, Solar panels ensuring low electric bills, beautiful Travertine flooring, dual pane windows and sliders, tankless water heater, plantation shutters help to keep it cool in summer, ceiling fans, recessed lighting. Open four-sided Fireplace complements the Dining Room and Living Room with Mountain Views. Galley Kitchen with adjacent Breakfast Room and Laundry Room offers granite counters, pantry, double ovens, tons of wood cabinetry. Huge Primary Bedroom features just under 600 SqFt of comfort with stone Fireplace, wall-length mirrored closet, and AC mini split. Elevated spa with tranquil overflow into the pool, covered patio, stone tile extending out to the pool deck, secured backyard safe for pets. Two-Car Garage. No HOA on land you own. *Some photos are virtually staged.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: RPAC
  • Office Phone: (760) 200-3600
  • Listing Agent: Billy Woomer

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Disposal, Refrigerator, Trash Compactor
  • Flooring Type: Carpet, Stone
  • Fireplace: Gas, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Golf Course, Mountain(s), Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Cahuilla Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Hwy 111 (East Palm Canyon) - Go North on Gene Autry, take first right on Waverly, then second left on Brentwood, and first right on Lakeside. 5240 is on the left side of street. Cross Street: Between Brentwood and Pebble Beach Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $359/SqFt

Tax Information:

  • Annual Amount: $5,280
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$649.9K

Med. Price/SqFt

$426

Avg. Days On Market

56

# of Sold Homes

170

5240 E Lakeside Dr vs Palm Springs

105 DAYS ON ROCKET

+49 Days

$1,150,000

+$500K More

$359/SqFt

-$67 Less

KEY TAKEAWAY

This property is $500K more than the Median Sold Price and $67/SqFt less than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219105983PS

Listing Office:

  • Office Name: RPAC
  • Office Phone: (760) 200-3600
  • Listing Agent: Billy Woomer

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 18, 1999Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,280$407,461
2020$5,279$403,284
2018$5,094$387,627
2017$4,876$380,027

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-10685581
4
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 2.97 miles

  • Public District Grades KG-5

Middle School

school-card-donut-10685582
4
/10

  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 4.34 miles

  • Public District Grades 6-8

High School

school-card-donut-10685583
6
/10

  • Palm Springs High School

  • 2401 E Baristo Rd

  • 2.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,985. The majority of Palm Springs, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5240 E Lakeside Dr

What is the listing price of this property?

The listing price of 5240 E Lakeside Dr property is $1,150,000.

What type of property is this?

The property 5240 E Lakeside Dr is a house located in Palm Springs, California, 92264.

Is this property for sale now?

Sale Pending: 5240 E Lakeside Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5240 E Lakeside Dr are:
Cahuilla Elementary School: GreatSchools Rating 4/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,280 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 18, 1999 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5240 E Lakeside Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5240 E Lakeside Dr is 3,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5240 E Lakeside Dr is 1965.

Rocket Homes›California›Riverside County›Palm Springs›92264›5240 E Lakeside Dr

This home is located at 5240 E Lakeside Dr in Palm Springs, CA and zip code 92264. This 3,200 square foot home, which was built in 1965, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 27, 2024 and is currently priced at $1,150,000.

In April 2024 more than 17 listings in Palm Springs, CA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 123 were sold below. Between March 2024 and April 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in April 2024 was 56 days, the median list price was $649,950.

From Rocket Homes Real Estate and based on county public records data.

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