13 days on rocket

5240 E Lakeside Dr, Palm Springs, CA, 92264

$1,800,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,200 SqFt
$563/SqFt
House

Location

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5240 E Lakeside Dr, Palm Springs$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1965
HeatingCentral
CoolingCentral Air
FireplaceLiving Room, Primary Bedroom
ViewDesert, Golf Course, Mountain(s)
Private PoolYes
MLS #OC24243981
Lot Size0.24 Acres
StatusActive

About 5240 E Lakeside Dr

Step into a piece of architectural history at "The Royal Singapore". Acclaimed architect Donald Wexler's most unique creation was a bold departure from prevailing mid-century architecture and a playful foray into Polynesian-inspired Modernism. With its prominent Hawaiian-style outrigger, intricate stonework, and sprawling 4 Bedroom layout, 5240 Lakeside is believed to be one of the original model homes showcased to prospective buyers in the heralded enclave of Green Fairway Estates. Furthering its illustrious provenance, this property is also among "The Last of the Alexanders" - one of the final homes completed by acclaimed desert builders George and Robert Alexander prior to their tragic passing in November 1965. One of just 3 existing Royal Singapore models amongst the 35 Wexler-designed homes in Green Fairway Estates, 5240 Lakeside still presents its iconic H-shaped layout, with grand front doors opening to walls of glass, the central lanai, and open views of Tahquitz Creek Legend Course. Featuring its original "Alexander Cone" fireplace, sparkling pool, owned Solar, 100 foot golf course frontage, and 600 square foot primary suite, this property has been meticulously renovated to pay homage to its unique style and storied history.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1965
  • Stories: 1
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Electric Estates
  • Office Phone: (310) 654-4261
  • Listing Agent: Max James-Armand

Interior Features

Interior Information:

  • Interior: Separate/Formal Dining Room, Primary Suite, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 5240 E Lakeside Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $563/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

$638.1K

Med. Price/SqFt

$423

Avg. Days On Market

65

# of Sold Homes

97

5240 E Lakeside Dr vs Palm Springs

13 DAYS ON ROCKET

-52 Days

$1,800,000

+$1.1M More

$563/SqFt

+$140 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $140/SqFt more 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: #OC24243981

Listing Office:

  • Office Name: Electric Estates
  • Office Phone: (310) 654-4261
  • Listing Agent: Max James-Armand

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: 12/18/2024, 2:21:08 PM 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

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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.

Nearby Schools

school-card-donut-4552143
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 2.06 miles

  • Public District Grades KG-5

school-card-donut-4552144
5
/10

  • Cathedral City Elementary School

  • 69300 Converse Rd

  • 2.07 miles

  • Public District Grades KG-5

school-card-donut-4552145
5
/10

  • Landau Elementary School

  • 30310 Landau Blvd

  • 2.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,985. Residents of Palm Springs, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Palm Springs, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Palm Springs, CA.

Palm Springs offers a diverse array of housing options, with a focus on mid-century modern architecture that captures the essence of the area's rich design heritage. Single-family homes make up a significant portion of the housing market, complemented by a selection of condominiums and townhouses that cater to a range of preferences and lifestyles. The homeownership rate in Palm Springs is high, reflecting the community's appeal to both permanent residents and those seeking vacation homes.

What is it like to live in Palm Springs, CA?

Palm Springs is celebrated for its vibrant culture and historical significance, with a community that prides itself on a relaxed yet sophisticated lifestyle. The city is renowned for its annual events, such as the Palm Springs International Film Festival and Modernism Week, which showcase its cultural dynamism and architectural legacy. The community's character is further defined by its scenic landscapes, outdoor recreational opportunities, and a strong sense of preservation for its iconic mid-century modern aesthetic.

Is it easy to get around Palm Springs, CA without a car?

The community benefits from a robust educational system, with a number of public and private schools that provide quality education to residents. Healthcare services in Palm Springs are comprehensive, featuring several hospitals and clinics that offer a range of medical services, from primary care to specialized treatments. The city also boasts a variety of retail and dining options that reflect the local culture, with an emphasis on boutique shops and restaurants that cater to the discerning tastes of residents and visitors alike.

Transportation in Palm Springs, CA.

Transportation in Palm Springs is facilitated by a network of roads and highways that connect the city to the broader region, with the Palm Springs International Airport offering additional connectivity. Public transit options are available, providing residents and visitors with alternatives to private vehicle use. The city is also known for its bike-friendly routes and walkable downtown area, which enhance the quality of life by promoting an active and environmentally conscious lifestyle. Recent efforts have been made to improve the efficiency and accessibility of the transportation system, ensuring that Palm Springs remains a convenient and attractive place to live and visit.

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 $1,800,000.

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?

Active Listing: 5240 E Lakeside Dr is For Sale (Active/New) which means the seller is accepting offers.

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 4 bedrooms and 3 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: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $1,800,000.

Over 9 listings were sold over their listed price in November 2024 in Palm Springs, CA. In the same period over 66 listings were sold below the listed price and 22 listings were sold for the listed price. The inventory of homes for sale in Palm Springs, CA between October 2024 and November 2024 increased by 12.5%. Listings spent 65 days on the market in November 2024, and had a median list price of $638,138 during the same period.

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

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